Usdchfshort
USDCHF - Daily Trade Idea - 9-Jan-23USDCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
Selling USDCHF at previous support.USDCHF - Intraday - We look to Sell at 0.9327 (stop at 0.9351)
Price action continued to range between key support & resistance (0.9230 - 0.9330) although we expect a break of this range soon.
The bias is to break to the downside.
Daily signals are bearish.
Previous support at 0.9330 now becomes resistance.
Our profit targets will be 0.9268 and 0.9258
Resistance: 0.9300 / 0.9330 / 0.9345
Support: 0.9270 / 0.9245 / 0.9230
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.
USDCHF Should Also Fall From Here.As per my count I think the chart suggest it can go down from here not a trading or financial advice kindly do your own ta thanks. I'm counting it as a WXY Correction with internal counts we have just finished W & X and now we are moving downward as wave Y. Good Luck & trade with care thanks.
USDCHF H1: Bullish outlook seen, further upside above 0.92800On the H1 time frame, prices are approaching the support zone at 0.9280, in line with the graphical support and 50% Fibonacci retracement level where a throwback to this zone presents an opportunity to play the bounce to the resistance zone at 0.93700. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
USDCHF: Short from Resistance Bearish Indications
• Overall Trend is Bearish
• Resistance Zone at 0.93693
• Fib Level 61.8% as the Resistance level
• Gartly’s XABCD pattern supports a reversal in the area of 0.93923
• Seasonal Analysis Shows USD remains Bearish in December month
Bullish Indications
• HHs and HLs on 1Hr Timeframe
• Bullish Engulfing
• Trend Line is working as support Price has respected it once.
• Significant Support Zone at 0.93185
• Seasonal Analysis shows CHF Remain Bullish in December Month.
Biased: Short
Entry Short: 0.93803
TP1: 0.93231 (Fib Level 38.2%)
TP2: 0.92891 (Fib Level 61.8%)
Stop Loss: 0.94375 (10 pips above Point X of XABCD Pattern)
Lot Size 0.16 x 2
Risk/Reward: 1:1.6
Selling USDCHF at 50 EMA.USDCHF - Intraday - We look to Sell at 0.9313 (stop at 0.9339)
Our short term bias remains negative.
Daily signals are bearish.
50 4hour EMA is at 0.9311.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 0.9251 and 0.9241
Resistance: 0.9290 / 0.9300 / 0.9320
Support: 0.9270 / 0.9255 / 0.9240
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.
Selling USDCHF at previous resistance.USDCHF - Intraday - We look to Sell at 0.9368 (stop at 0.9393)
Current prices have reacted from a low of 0.9215, however, we expect further losses to follow.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Previous resistance located at 0.9365.
Our short term bias remains negative.
Our profit targets will be 0.9305 and 0.9295
Resistance: 0.9340 / 0.9365 / 0.9380
Support: 0.9315 / 0.9300 / 0.9260
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.
USDCHF - Short from here ✅Hello traders!
‼️ This is my analysis on USDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price filled the imbalance and could reject from bearish orderblock + institutional mid figure 0.93500.
Like, comment and subscribe to be in touch with my content!
USDCHF - Daily Trade Idea - 15-Dec-22USDCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
USD/CHF:SELL From Resistance Waiting For FOMC SHORT SetupUSD/CHF in a bearish trend yesterday had a strong impulse in the lower side of the chart after the negative news related to the USD pair.
The USD/CHF is still inside a bearish channel and today the price may drop more while waiting for the FOMC news release.
Selling USDCHF at previous support.USDCHF - Intraday - We look to Sell at 0.9329 (stop at 0.9353)
Our short term bias remains negative.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
20 4 hour EMA is at 0.9327.
Previous support at 0.9330 now becomes resistance.
Our profit targets will be 0.9271 and 0.9261
Resistance: 0.9300 / 0.9330 / 0.9350
Support: 0.9270 / 0.9257 / 0.9231
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.
Trend continuation downward on USDCHF Good seasonality trade. 81.1% of retail traders are long on the paid. As stated in previous analysis, when retail traders til heavily on one side above 60%, institutions tend to take the opposite side. Price breaks important supply and demand zone with good movement. Supported by strong retail money long.
USDCHF - Daily Trade Idea - 14-Dec-22USDCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.