CHFUSD trade ideas
USDCHF Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.005.
TP4: S2=1.0035.
Set the stoploss of these orders at breakout of R2=1.012.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.012.
In this situation, there is an expectation to reach the target R3=1.0195.
Set the stoploss of reverse orders at breakout of R1=1.01.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
USDCHF Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.0045.
TP4: S2=1.
Set the stoploss of these orders at breakout of R2=1.013.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.013.
In this situation, there is an expectation to reach the target R3=1.0215.
Set the stoploss of reverse orders at breakout of R1=1.01.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
USDCHF Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0105.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.0065.
TP4: S2=1.0045.
Set the stoploss of these orders at breakout of R2=1.0115.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.0115.
In this situation, there is an expectation to reach the target R3=1.018.
Set the stoploss of reverse orders at breakout of R1=1.0105.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
USD/CHF technical analysisthis chart clearly gives you an idea the USD/CHF has crossed the green line
So, its conform sell , take profits are shown clearly .
USD/CHF Technical analysisThe counter is in a bullish trend forming higher highs and higher lows.
It moved past a critical resistance of 1.01263 in its uprally as well.
Prior to the FOMC meeting, the counter has a profit booking sell-off which can be attributed to a flag pattern, technically.
The post-meeting press conference has bolstered bullish confidence in the counter, which can be seen via a bullish engulfing candle.
Also, the broken resistance of 1.01263 is lending support to the price action.
Hence we expect the pair to move to the levels of 1.02272 and 1.02678.
FX:USDCHF BUY in Brown Support SL:1.00850 TGT 1.0196520190417 BUY USDCHF IN BUY AREA with STOPLOSS BELOW RED LINE
20190422 Major Resistance broken
Buy in SUPPORT area Brown - SL 1.00850 TGT 1.01965
USDCHF WUSDCHF broke strong resistance level 1.00600 in weekly time frame.
RSI also crosses 60 level mark shows bullish momentum. If price sustain above 1.00600 level then long trade will be activated.
Target would be 1.02000. Keep an eye!
USDCHF WUSDCHF broke strong resistance 1.00600 in weekly time frame.
RSI also crosses 60 mark shows bullish momentum. If price sustain above 1.00600 level then long trade will activated.
Target would be 1.02000
USDCHF Approaching Resistance, Prepare For A Reversal USDCHF is approaching its resistance at 1.0122(61.8% & 100% Fibonacci extension, horizontal swing high resistance) where it is expected to reverse down to its support at 1.0022(50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF Long - Near trend line support and RSI show buyUSDCHF Long position and near the trend line support. It is done with breakout retrace from last week now ready to go up
