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USDCHF

Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9405). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 62. Take Profits: TP1= @ 0.9450 TP2= @ 0.9470 TP3= @ 0.9502 TP4= @ 0.9525 TP5= @ 0.9553 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
19
Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.949). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 61. Take Profits: TP1= @ 0.9535 TP2= @ 0.9550 TP3= @ 0.9585 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_EU
5
Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9475). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 59. Take Profits: TP1= @ 0.9525 TP2= @ 0.9555 TP3= @ 0.9580 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_EU
13
USDCHF multi time frame analysisHello Trader, Here is the full analysis of USDCHF: 1) Monthly - No significant price action found. 2) Daily - Forming big red candles which shows weakness in the prices. 2) 4Hourly - Currently testing the buy zone/support level and is in between 0 and 0.23 fib level(which is not an important level) . 3) Current retracement level is at 0.5 which is good level for prices to move up Action marubozu candles are formed on the daily chart which shows a weakness in the prices. If the support is broken with a marubozu candle then we can see a downfall below support. Wait for these levels to look for entry opportunity . Technical Indicators: Moving Averages - Strong Sell Technical Indicators - Strong Sell Moving Averages Crossovers - Strong Sell COT data(Commitment of traders): JUNE 06/02/2020 USD - Long(17877) Short(9619) CHF - Long(13364) Short(4375) JUNE 05/26/2020 USD - Long(21039) Short(6240) CHF - Long(13246) Short(4507) How can you support me : 1) Like my idea. 2) Follow me for more analysis Feedback : Please share your feedback in comments and this will help me to improve my drawing and analysis Note : This is purely for educational purpose.
by technicalwhale
1
Don't miss the great sell opportunity in USDCHFTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9535). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Take Profits: TP1= @ 0.9475 TP2= @ 0.9440 TP3= @ 0.9410 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_EU
8
There is a possibility for the beginning of an uptrend in USDCHFMidterm forecast: While the price is above the support 0.9180, beginning of uptrend is expected. We make sure when the resistance at 0.9900 breaks. If the support at 0.9180 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg higher if price breaks and closes above the downtrend line of the triangle. A peak is formed in daily chart at 0.9783 on 05/07/2020, so more losses to support(s) 0.9625, 0.9500, 0.9360 and minimum to Major Support (0.9180) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 52. Supports and Resistances S1: 0.9625 S2: 0.9500 S3: 0.9360 S4: 0.9255 S5: 0.9180 R1: 0.9785 R2: 0.9900 R3: 1.0025 R4: 1.0115 R5: 1.0235
Long
by ForecastCity_EU
19
Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.967). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 63. Take Profits: TP1= @ 0.9730 TP2= @ 0.9755 TP3= @ 0.9800 SL= Break below S2
Long
by ForecastCity_EU
8
Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9725). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 0.9775 TP2= @ 0.9800 TP3= @ 0.9840 SL= Break below S2
Long
by ForecastCity_EU
4
USDCHF - DAY TRADEHi, today we are going to talk about USDCHF and its current landscape. We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above. Want to know more about our trades and ideas? Join the Traders Heaven today. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, and see more of our work, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice. Join the discussion
Long
by Igor-Silva