Unemployment Rate
The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force.
A lower than expected number should be taken as positive to the CHF, while a higher than expected number as negative.
Actual: Forecast: Previous:
3.5%
3.6%
3.7%
Target - Bollinger band mid line on 30 min. Chart
And if price closes above boll. Band mid line on 30 min. Chart then can go for buy trade till upper band line is target
#USDCHF weekly bias looks bearish. The seller’s price of interests are 0.9272, 0.9328
The possible targets are 0.9165, 0.9079
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCHF weekly bias looks bullish. The buyer’s price of interests are 0.9180, 0.9165
The possible targets are 0.9270, 0.9341
These analysis are based on the current market swing and we update our views based on the upcoming future swings
USDCHF posted weekly gains but eased from the short-term key horizontal area as Ukraine-Russia headlines controlled safe-haven pairs. That said, the risk-barometer currency pair retreated from a seven-week-old broad resistance zone, between 0.9275 and 0.9295, by the end of Friday. In addition to the market’s risk appetite, Swiss Q4 GDP will also make USDCHF...
📌 ENTRY- 0.9181 (on rejection of fib level)
🚫 SL- 0.92071
✂️ TP1- 0.9151
🎯 TP2- 0.91324
🧑🎓FUNDAMENTALS:
• RISK OFF prevails over random news that gives pullback. (Short Term WAR BIAS)
• Bearish on USD with retail sentiment favoring long 84%.
🕵️Technical:
• 0.618 fib pullback and rejection
• Trendline touch and rejection with EMA 55 support.
⚠️Note: Take...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.9191).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCHF is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts...
#USDCHF weekly bias looks bearish. The seller’s price of interests are 0.9245, 0.9257, 0.9170
The possible targets are 0.9180, 0.9124
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCHF weekly bias looks bullish. The buyer’s price of interests are 0.9195
The possible targets are 0.9271, 0.9328
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCHF weekly bias looks bearish. The seller’s price of interests are 0.9268, 0.9297, 0.9328
The possible targets are 0.9189, 0.9141
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCHF weekly bias looks bullish. The buyer’s price of interests are 0.9233, 0.9205, 0.9173
The possible targets are 0.9315, 0.9354
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCHF weekly bias looks bearish. The seller’s price of interests are 0.9153, 0.9168
The possible targets are 0.9117, 0.9070
These analysis are based on the current market swing and we update our views based on the upcoming future swings
