Get started

U.S. Dollar / Swiss Franc

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

USDCHF trade ideas

💡Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (0.9370). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 0.9410 TP2= @ 0.9470 TP3= @ 0.9530 TP4= @ 0.9610 TP5= @ 0.9720 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
USDCHF approaches key hurdle ahead of SNB, US GDPUSDCHF extends the early week’s bounce-off 21-day SMA while directing bulls towards the key horizontal resistance ahead of the Swiss National Bank’s (SNB) monetary policy meeting. Given the overbought RSI conditions and the SNB’s anticipated hawkish tone, despite no range expectations, the pair is likely to step back from 0.9375-80 resistance area comprising multiple levels marked since June 11. However, 50% Fibonacci Retracement of March 2020 to January 2021 downside, at 0.9325, followed by a 21-day SMA level of 0.9236, can restrict the quote’s pullback moves. Meanwhile, an upside clearance of 0.9380 will trigger a rally targeting the 61.8% Fibonacci retracement level of 0.9465. Though, the 0.9400 round-figure can offer an intermediate halt during the rise. In a case where the USD/CHF bulls keep the reins past-0.9465, the June tops near mid-0.9500s will be the key to watch.
Short
by MTradingGlobal
USDCHF - BULLISHDESCRIPTION: The counter USDCHF was traveling between the price range of 0.9322 and 0.9211 in the parallel channel . Determining the trend of the counter is very tough when it is in the parallel channel . But today the counter breaks the top line of the parallel channel and the buying pressure of the market may propel the price even more upwards. 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. Major Levels For This Counters Are: R2 - 0.9425 R1 - 0.9382 PP - 0.9304 S1 - 0.9261 S2 - 0.9183
Long
by WohlstandMarketsLimited
USDCHF-Will make 0.9470 for 3) or 5) ?Dear friends, Don't follow me blindly...what i am sharing here, is my knowledge not signals I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market...and i am getting a lot of PM's regarding NEGATIVE COMMENTS from my friends...i am sharing here my view for a educational purpose and i am still a learner and i am sharing not my only my view and my experience if u PURELY LISTENNED to my MARKET COMMENTARY... i am not a market mover...just i am keep changing my view according to the PRICE ACTION and i written detailly about that in market commentary...there is no short cut to earn money and cant make a fast cash...if u do that also it may go like that.... My ambition is to create an awareness to the traders, to promote the education not to do BLINDLY...If u look my past 4 yrs chart and now...i fine tuned or refined my strategy...and still looking for finetune...so if u r following my trade plans as a signal its not my fault...If you are not encouraging also not mind but dont discourage...if you are not comment also dont leave the negative comments, if you are not motivate also dont demotivate...because NAGATIVE is more powerful than POSITIVE...i wont care about such comments...because of your comments i wont stop anything in MY PRACTICE...it will take time and to digest such comments for first 2-3 days and again i rebuilt my positive activity and my view and then again i keep start my sharing...i dont need a roadblocks in my journey. If it happen also i need to cross that and i continue...but that crossing time is DELAY for my journey to reach my GOAL...so try to be a friend...just learn or leave .if you didnt like a page in your story book just turn that... Don't look that, Like that dont look my chart...just skip that...thanks lot ...here some quotes by BRUCE LEE... 1. I fear not the man who has practiced 10,000 kicks once, but i fear the man who has practiced one kick 10,000 times " 2. A GOAL is not always meant to be reached, it often serves simply as something to AIM at 3. Those who are UNAWARE they are walking in darkness will never seek the light 4. To hell with circumstances i create the opportunities 5. I don't teach you anything. I just help you to know yourself 6. Always be yourself, express yourself, have a faith in yourself, do not go out and look for a successful personality and duplicate it. 7. Don't fear failure... in great attempts it is glorious even to fail 8. Absorb what is useful, reject what is useless, add what is specifically your own 9. Notice that stiffest tree is most easily cracked, while the bamboo or willow survives by bending with the wind 10. The successful warrior is the average man with laser-like FOUCS - Market Commentary: LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO... First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the short term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE... Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analyzing the pair and labeling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART..take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP. I am a technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned above are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views...Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labeling according to the price action. All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
by nmkvijay
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