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Usdchfanalysis

USDCHFDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ... USDCHF seems to me a pretty predictable pair and with a rather low degree of risk and for this reason I will start its analysis this week! USDCHF pulls in a very well defined trend both for 1 week and for 1 month and from careful analysis ... I think that in the next period it will go up and retest the trend line for 1 week around 0.94-0.94400 and after it go down again to reach the trend line ... NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
💡Don't miss the great buy opportunity in USDCHF Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9163). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 51. Take Profits: TP1= @ 0.9199 TP2= @ 0.9212 TP3= @ 0.9236 TP4= @ 0.9263 TP5= @ 0.9322 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 / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
USDCHF broad falling wedge pattern and break and retestUSDCHF Has managed to break the broad falling wedge pattern and retested once around 0.92500 level and bounced back towards 0.93000 And we can see a series of HH HL HH pattern here which is a clear sign of the bullish trend. The next possible upside target would be 0.93500 and 0.94000 In second quarter of the 2020 USDCHF has managed to fell below the 0.90000 major key psychological and reserve bank intervention level. Most of the time USDCHF Has bounced from this level.Due to the broad weakness in USD is the main reason for the rapid selling in USDCHF. After start of this year we can see some bullish trend in DXY which is reflecting in this pair and managed to back above 0.90000 level and currently trading near 0.93000 level.On monday market open the price might reach around 0.92500 and i am expecting bounce towards 0.94000. The Exponential moving average was just below the current price level which is a clear sign of the bullish trend here.The bear has to contend with these Moving averages such as 50,100 In Ichimoku cloud the cloud has turned red and its broadening too and the middle line is currently acting as another support for the bullish trend. And in Bollinger bands the price has reached around middle band which will give a short term buying pressure RSI has reached around 50,MACD is still above the line and green and Stochastic has reached around 80(short term fall back was expected) Trade call Buy @ 0.92600 Take profit @ 0.94000 Stop lose @ 0.92100
Short
by forexorbit