USDCHF GO DOWN!another possibility of sale, betting on the next fall of the dollar that will affect various parities.
USDCHF trade ideas
Don't miss the great sell opportunity in USDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9816). 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 downtrend is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 34.
Take Profits:
TP1= @ 0.9693
TP2= @ 0.9660
TP3= @ 0.9543
SL: Break Above R2
USDCHF WAVE ANALYSIS 23 AUG 19HI Friends,
USDCHF forming corrective structure on medium term. As per my wave count i am expecting first small correction an then we can price will reach the Parity.
USDCHF Short Setup [4H]FX:USDCHF has been forming an uptrend on 4h and our expectation of a reversal is from 0.99500 with SL at 0.99820 and three potential targets.
The stronger the move to the zone, more likely for a quick reversal in achieving minimum 2:1
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
USDCHF DAY VIEWSUSD/CHF 0.96908-0.96845 LEVEL IF NOT,SO IT BULLISH MOVE 0.98555.BUT THIS LEVEL BREAK,SO IS POSSIBLES BEAR MOVE
0.96000 & 0.95395 LEVEL
Rising wedge Pattern With Ascending Triangle That's chart is very awesome you can sell it this currency in monday
And you can earn profit with me
USDCHF - Elliot wave analysis - Full + targetUSDCHF currency is on downmove from two decades. from 2-10-2010, it is making lower lows.
From 1.83189 = ((0)), it made a all time low at ((I)) = 0.70830.
The elliot wave grand cycle ((I)) has used long time cycle.
Then the retracement up has started and possibly made the grand cycle (II)) which has nearly used 1/2 time cycle of ((I)).
The (II) position looks proper as it has made a descending triangle and also a descending triangle on wave 4 of lower degree.
From ((II)), it looks the grand cycle ((III)) should start with a correction up and then finally moving down.
Made a T1 = 1.17244 and then lower degree wave 5 may appear at 1.19119. IF it corrects more up then it should reach maximum 1.32435.
USDCHF Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9825.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.9865.
TP4: R2=0.9905.
Set the stoploss of these orders at breakout of S2=0.9805.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.9805.
In this situation, there is an expectation to reach the target S3=0.973.
Set the stoploss of reverse orders at breakout of S1=0.9825.
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!
what u guys think it's break support ?? if breaks it's fall so as you guys see its near support so if its break it then again fall we see
USDCHF Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9795.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.974.
TP4: S2=0.9695.
Set the stoploss of these orders at breakout of R2=0.9815.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.9815.
In this situation, there is an expectation to reach the target R3=0.989.
Set the stoploss of reverse orders at breakout of R1=0.9795.
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=1.005.
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!
