Get started

Swiss Franc / U.S. Dollar

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

CHFUSD trade ideas

USDCHF - SWING TRADEDESCRIPTION The counter USDCHF is traveling between the price range of 0.8940 and 0.8890 in the pennant. Determining the trend of the counter is very tough when it is in the pennant. But the buying pressure of the market may propel the price even more upwards. Hence there is possible of breaking the top line of the pennant. The bullish trend is expected to start soon for this counter. The MACD indicator curves started moving upwards which gives additional support to the description. The major levels for this counter are R2 –0.8967 R1 –0.8944 PP –0.8908 S1 –0.8885 S2 –0.8849
by WohlstandMarketsLimited
💡 Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8896). 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 58. Take Profits: TP1= @ 0.8930 TP2= @ 0.8945 TP3= @ 0.8972 TP4= @ 0.9017 TP5= @ 0.9045 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
💡 Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.892). 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 70. Take Profits: TP1= @ 0.8965 TP2= @ 0.8985 TP3= @ 0.9000 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
5
USDCHF - LONGDescription: The counter USDCHF started moving in an ascending triangle.A support trend line tested at the prices 0.88391,0.88682 and 0.88357 and the flat-top resistance line at the price 0.89256. The price is moving near the top line of the triangle and since then there is no indication for a breakout. Buying pressure of the market may pull the price even more upwards. If the price breaks the top line of the channel then the movement of the price will be even more upwards.Long is more preferable for this counter and the bullish trend may continue further.The MACD indicator curves gives additional support to the description. Major Levels For This Counter Are: R2:0.8941 R1:0.8913 PP:0.8891 S1:0.8864 S2:0.8842
Long
by WohlstandMarketsLimited