Get started

Chf

Swiss Franc can exit from pennant and continue fall to 0.8700Hello traders, I want share with you my opinion about Swiss Franc. Looking at the chart, we can see how the price reached the resistance line of the downward channel, after which CHF rebounded down and declined to the support line of the channel, breaking the 0.8635 level, which coincided with the buyer zone. Then the price turned around and entered the pennant, where it made a strong impulse up to the resistance level, exiting from the downward channel and breaking the 0.8635 level one more time. After this CHF broke the 0.8820 level, which coincided with the seller zone, but soon it turned around and fell back and some time traded very close to the resistance level. Later, the price started to grow back and in a short time, CHF reached the 0.8820 level again, broke it, and rose to the resistance line of the pennant. But soon, the price rebounded from this line and declined to support line of the pennant, thereby breaking the 0.8820 resistance level again. After this, the price bounced from the support line and rose to the resistance line of the pennant, where, at the moment, CHF continues to trades near. In my opinion, the Swiss Franc can fall to the support line, after which it at once will bounce to the resistance line and then CHF can make an impulse down, thereby exiting from the pennant. For this case, I set my target at the 0.8700 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
USDCHF AnalysisHello traders I have conducted an analysis on USDCHF, as you can see the market has been on a down trend for the past few months and I think it will continue doing so as it showed huge rejection candle on the current zone so now this current zone will act as resistance as price showed before that this zone is valuable as it was acting as support in the past months. So now I will keep on looking for bearish trades until it reaches the last zone then I will look for buy opportunities. So what do you think traders on this one?
Short
by dlaminisya
1
EURCHF intraday dips continue to attract buyers.EURCHF - 24h expiry Setbacks should be limited to yesterday's low. Our short term bias remains positive. The bullish engulfing candle on the 4 hour chart the positive for sentiment. The dip was bought into but, the rally has also stalled. We look to buy dips. 50 4hour EMA is at 0.9583. We look to Buy at 0.9583 (stop at 0.9561) Our profit targets will be 0.9638 and 0.9648 Resistance: 0.9600 / 0.9620 / 0.9632 Support: 0.9575 / 0.9560 / 0.9545 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
Gbpchf pretty extended, long with careHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Still looking to long but long with care... Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
by Shadowing_The_Big_Boys
CHFJPY: Is the high in?Starting to see Yen strength materialise, with the BoJ looking to get out of the current cycle. Surely Yen can't go much lower against all of the G10, so expecting some moves in the coming week. We've been failing at the 171.8 high for weeks so this looks like consolidation to me now, ready for a push down. Starting this week with the CHF PCI data this Tuesday, expecting to start seeing signs of cuts from the SNB so this could be a cross that moves.
Short
by Finchcliffe
Audchf somemore upside?Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. pullback could be in place but likely to look more to the upside and taking longs on pullbacks Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Long
by Shadowing_The_Big_Boys
HelenP. I Swiss Franc will turn around and start to riseHi folks today I'm prepared for you Swiss Franc analytics. If we look at the chart we can see how the price some time ago tried to rise to the 0.8850 resistance level, but later it turned around and in a short time declined to the trend line, thereby breaking the 0.8780 support level, which coincided with the support zone. After this CHF started to rise, and soon it reached support level and broke this level again. Then price rebounded a little up, and then started to decline back to the 0.8780 level. After this movement, CHF made impulse up to the resistance level, which coincided with the resistance zone and even soon broke it and rose to 0.8890 points. But then price turned around and in a short time declined below the resistance level, breaking it one more time, even later CHF tried to back up, but when the price entered to resistance zone Swiss Franc rebounded and made an impulse down to the trend line. At the moment, the price trades below this line and I expect that CHF will decline more and later turn around and start to move up. That's why I set my target at the 0.8830 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
Sell GBP/CHF Channel BreakoutThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1222, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.1151 and 1.1108. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.1252. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
6
EURCHF intraday dips continue to attract buyers.EURCHF - 24h expiry Our short term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 0.9588. The sequence for trading is higher highs and lows. Risk/Reward would be poor to call a buy from current levels. We look to Buy at 0.9589 (stop at 0.9567) Our profit targets will be 0.9644 and 0.9654 Resistance: 0.9622 / 0.9635 / 0.9650 Support: 0.9579 / 0.9565 / 0.9550 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
1
Buy USD/CHF Triangle BreakoutThe USD/CHF pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal depending on the breakout direction. The recent break above the upper trendline signifies a potential bullish breakout. Buy Entry: Consider entering a long position around the current price of 0.8850, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bullish targets lie at the following levels: 0.8916: This represents the height of the triangle, measured from the apex (highest or lowest point) to the base (opposite trendline), projected upwards from the breakout point. 0.8953: This is achieved by adding the height of the triangle to the breakout point. These targets act as potential resistance zones that could see buying pressure. Stop-Loss: To manage risk, place a stop-loss order below the broken support line of the triangle, ideally around 0.8830. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards. Thank you
Long
by KABHI_TA_TRADING
5
Sell USDCHF Channel BreakoutThe USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern. Sell Entry: Consider entering a short position around the current price of 0.8827, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 0.8780 and 0.8751. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 0.8865. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
1
AUDCHF: Will the SNB signal cuts?Of all the National Banks, analysts are expecting the SNB to be one of the first to cut, the CPI this week on Tuesday could indicate a cut is coming. Looking at price action on this pair, we've broken out of the downward channel, albeit we've struggled ton break resistance, but equally we've retested the channel boundary multiple times and so far failed to break it, so this looks like we're in the region of a medium term reversal. I'm looking for Buy entries on this pair, we need to break 0.58 to confirm the reversal, but I think there's longs to be had with LTF confirmations.
Long
by Finchcliffe
USDCHF Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88100 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.88100 support and resistance area. Adding a fundamental layer there is a contradictory between the inflation in the US and in Switzerland, Fed is concerned about the inflationary pressure and heading towards a rate hike meanwhile it's easing in Switzerland. Trade safe, Joe.
Long
by JoeChampion
Could we see a bounce off major support?Price is in a large ascending channel suggesting there might be bullish momentum pushing prices up. Our pivot is at 0.8822 which is a pullback support level - if price were to bounce from this level, we could see it rise towards the 1st resistance at 0.8877 which is a recent major swing high resistance. If price were to break the pivot, we could see it drop towards the 0.8777 support level which has seen prices bounce off multiple times in the past. Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
USDCHF - Price can exit from pennant and then continue to growHi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 A not long time ago price made upward impulse from support area to $0.8885 points, breaking $0.8770 and $0.8835 levels. After this, price started to trades in pennant, where it soon bounced from resistance line and declined below $0.8835 level. Next, CHF some time traded near this level and later bounced down to $0.8770 support level and even lower to support line of pennant. Price at once backed up, making fake breakout, and rose to resistance line of pennant, also recently it exited from this pattern. But now, CHF trades below this line and I think Swiss Franc can break resistance line, make retest, and then continue grow to $0.8835 level If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
NZDCHF Strong buy opportunity on the 1D MA50.The NZDCHF pair has been trading within a Channel Up pattern since the October 23 2023 Low. After breaking above the 1D MA200 (orange trend-line) for the first time in more than 1 year (since January 31 2023), the pair confirmed the trend shift from long-term bearish to long-term bullish. The recent 3-day pull-back to the 1D MA200 is a technical buy opportunity. As long as we close 1D candles above the 1D MA50 (blue trend-line), this is a buy opportunity, targeting the top of the Channel Up and Resistance 2 at 0.55140. Notice how this is exactly on the -0.236 Fibonacci extension, which is the level that the November 29 2023 Higher High was priced at. Also the 0.5 Fibonacci retracement is the level where it double bottomed (November 17 2023) and started the rebound to the Higher High. We are at the 0.5 currently, which indicates a strong Support case. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
USDCHF to find buyers at current support?USDCHF - 24h expiry Levels close to the 50% pullback level of 0.8789 found buyers. Prices have reacted from 0.8742. The bullish engulfing candle on the 4 hour chart the positive for sentiment. We look to buy dips. Our outlook is bullish. We look to Buy at 0.8790 (stop at 0.8762) Our profit targets will be 0.8860 and 0.8875 Resistance: 0.8821 / 0.8838 / 0.8850 Support: 0.8790 / 0.8770 / 0.8742 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
CHFJPY 4HR Analysis My name is Kieran Trewick and I am a full-time trader with 6 years of experience in the industry. With my coaching service, you will have the opportunity to work directly with me to learn the ins and outs of Forex trading and gain the knowledge and skills you need to become a successful trader. One of the unique aspects of my coaching service is that it goes on indefinitely. This means that even after you become confident in your own trading abilities, you will still be able to communicate with me and receive ongoing support and guidance. During our coaching sessions, I will teach you everything you need to know about trading Forex, from the basics and fundamentals to more advanced strategies and techniques including that of my own. This includes how to use trading platforms, which brokers to choose, how to place trades, and how to understand different order types and tools. I will also cover topics such as trend lines, support and resistance, price action, trading psychology, and in-depth analysis of indicators and some of my winning strategies. As everyone learns at a different pace and has a unique approach to trading, I have structured my coaching service to be indefinite. This means that I will continue to work with you until you become a successful, consistent trader who is confident in conducting your own analysis. If you are interested in signing up for my 1-1 coaching service, please contact me directly or visit my website for more information. I look forward to working with you and helping you achieve your goals as a Forex trader! URL: kierantrewick .info
Short
by OfficialKieranTrewick