WajaniTV Analysis...market structureWith market making HL as seen from 1-2 and with market finding support at structure 2- resistance becomes support if you move to the left, I see price moving further. What are your thoughts?Longby racyraceUpdated 0
USDCHF - 4hrs ( Sell Trade Target Range 150 PIP )Pair Name :USD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ Key Technical / Direction ( Short ) ——————————— Bearish Break 0.88100 Area Reasons - Major Turn level - visible Range Hvn - Choch Break - Fibo Golden - Quarter's / P - Head & Shoulder Bullish Reversal 0.86500 Area Reasons - Major Turn level - Visible range Lvn - Trend Line - Choch Zone - Pattern TargetShortby GoldenEngine9983
can unemployment claims reverse the trend of USDCHFthe data on unemployment claims is negative for DXY moreover with a bearish trendline and almost perfect head & shoulder pattern it looks like from there the price is going to fall but for confirmation, it has to break the drawn trendline and break that marked support level. I will suggest taking entry for short when the price will take a nice pullback after breaking the support zone as it will be a strong indication of a bearish trendShortby faisal-1012
Usdchf short After checking seasonality and going through fundamentals factors I have come to the conclusion that Usdchf will go going down Gonna put my sell limit there and hold Shortby chizulumoke0
USDCHF SELL STOPUSDCHF was making Higher Highs and Higher Lows, it was in up trend but now it formed RSI divergence. it will likely to change its up trend into down trend so place the sell stop order below HLShortby Trade_With_Shahbaz0
Target was hit at 25pipsSHORTED this pair and hit 25pips target was hit as price broke out below 200 EMA Shortby NnadozFX1
USD/CHF: Indices and Market Factors Driving SentimentIndex and Volume Analysis: - The DXY continues to reflect a softer dollar amid weaker labor market data, which has weighed on OANDA:USDCHF upward momentum. - Equity markets remain mixed, with the SP:SPX and Nasdaq posting slight gains, suggesting a cautious risk-on sentiment. Key Companies and Influencing Factors: - U.S. Equities:** Positive sentiment in U.S. equities, driven by tech and consumer sectors, could limit CHF’s safe-haven appeal. - Swiss Market Index (SMI): The SMI remains steady, reflecting Switzerland’s broader economic resilience but offering no major CHF-driving factors. Possible Market Impacts: - If the risk-on sentiment continues in equities, USD/CHF could find support and move toward the TP of **0.90043**. - Conversely, any shifts toward risk-off sentiment or additional dollar weakness could push the pair closer to your SL of **0.87998**. Entry, SL, and TP: - **Entry:** 0.88358 - **Stop Loss (SL):** 0.87998 - **Take Profit (TP):** 0.90043 When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave! Reminder: *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*Longby SiriusTradingUpdated 1
USDCHF 15/30m short-term bullishUSDCHF is approaching the oversold mark on 4 separate strength index's (RSI, CCI, MFI, RFI). All 3 components of MACD are sub-.02 and indicate the end of the bearish run. Price may have found support in a high liquidity zone and 4h previous low. Entry conditions require price to remain within the parallel channel, stop loss will be below historical lows. Fundamentals & economic calendar is clear, daily price action suggests a bullish move on the near term. Entry will be an engulfing candle to the upside on a 15m interval after price has reached the 4h support level. Longby billy_r3ynoldsUpdated 1
#USDCHF 1HUSDCHF 1-Hour Analysis The USDCHF pair is currently trading within a channel pattern on the 1-hour chart, with the price approaching the channel’s lower support line. Additionally, a recent buy engulfing candlestick suggests the potential for bullish momentum from this level. Waiting for the price to touch the support ensures a more reliable entry. Technical Outlook: Pattern: Channel & Buy Engulfing Forecast: Bullish (Wait for Support Touch, Then Buy) Entry Strategy: Buy near the channel’s support line once confirmation of a reversal is observed. Traders should monitor for bullish signals like a strong engulfing candlestick or an oversold RSI to validate the setup. Proper risk management is critical, with stop-loss orders placed slightly below the support line. Target the channel’s midline or upper boundary for potential profit.Longby PIPSFIGHTER6
USDCHF POSSIBLE SELLThe market is currently forming a Daily Reversal pattern . Based on 4HR TF, the market seems to be forming a possible reversal chart pattern as well. We could see Sellers coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Shortby WiLLProsperForex1
USD/CHF: The Bulls Are Warming Up – Why You Should Pay AttentionAlright, my fellow chart warriors, it’s time to talk about the USD/CHF and why I think the bulls are gearing up for a serious run. 💪💸 If you’re a bear right now, you might want to grab a seat – this one’s going to sting. Let’s dive into the charts and break it down, George style! 🎯📊 1️⃣ The Big Picture: Bulls Are Back in Town 🐂 Take a look at that inverse head-and-shoulders pattern from October to November. Left shoulder, head, right shoulder – BOOM! We got the breakout, and the price exploded higher. 🚀 This wasn’t just any breakout, my friends. It was a textbook bullish reversal that flipped the entire sentiment of this pair from bearish to bullish. Now? The price is consolidating in a bullish ascending channel, and the bulls are catching their breath before the next big move. 2️⃣ RSI Says: Momentum is Healthy! 📈 Let’s talk about that RSI (Relative Strength Index): We’re sitting comfortably around the 56-60 zone – strong but not overbought. Translation? The bulls still have room to run. 🏃♂️💨 No sign of bearish divergence here, folks. The trend is your friend, and momentum is clearly in the bulls’ favor. 3️⃣ Key Levels to Watch 🔍 Here’s where the magic happens: Resistance to Break: 0.8900 – This is the line in the sand. A clean breakout here, and we’re heading straight for 0.9000, maybe even 0.9100. 🚀 Support to Hold: 0.8800 – The bottom of the ascending channel. As long as this level holds, the bulls are still in charge. 4️⃣ The Bullish Scenario: Let’s Paint the Picture 🎨 Here’s what I see happening next: Price breaks through 0.8900 like a hot knife through butter. 🔥 Momentum picks up as the bulls take control, pushing us into the 0.9000 zone. If we get some fundamental tailwinds (think a weaker CHF or USD strength), this rally could get even juicier. 5️⃣ The Setup: How I’m Playing This 🎯 Here’s the game plan: 1️⃣ Buy the Dip: If price tests the bottom of the channel (0.8800), it’s a buying opportunity with a stop just below the channel. 🎣 2️⃣ Breakout Trade: If price breaks and closes above 0.8900, I’m adding longs with a target at 0.9000–0.9100. 🏹 3️⃣ Risk Management: Keep stops tight, folks. A breakdown below 0.8800 invalidates this setup. You’ve got to protect your capital. 🛡️ George’s Hot Take 🔥 The USD/CHF is looking primed for a bullish breakout, and the ascending channel is just the setup we need to ride this trend higher. The bulls are in control, and unless something major changes, I’m betting on them to keep the rally going. But hey, don’t just take my word for it – the charts don’t lie. 📊 Are you ready to ride this wave, or are you still on the sidelines? Let me know what you think in the comments below! Stay sharp, trade smart, and as always, follow the momentum! 🐂🔥 Charts tell the story, my friends. It’s up to you to listen. Longby EdgeDotForex6
USDCHFAlready broke even twice this week . Lost one trade . This is my trade idea for the day.Longby CornerHouseTrading0
USDCHFUSDCHF This is my point of view today Help me if there is a mistake Or tell me your point of viewLongby trvtour10
Bearish drop?The Swissie is reacting off the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as a pullback support. Pivot: 0.8848 1st Support: 0.8773 1st Resistance: 0.8864 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.Shortby ICmarkets4
USDCHF H1 I Bullish Bounce?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8821, which is a pullback support close to 78.6% Fibo retracement. Our take profit will be at 0.8855, a pullback resistance close to 61.8% Fibo retracement. The stop loss will be placed at 0.8798, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM4
USDCHF Potential UpsidesHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88200 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.88200 support and resistance area. Trade safe, Joe.Longby JoeChampion12
USDCHF Potential Bear Move ?Hey Traders! In todays analysis USDCHF is displaying what i believe to be a bearish setup. Presenting an opportunity to take advantage of this potential bearish move. My Observations Daily supply zone: Price retrace to test 0.89643/0.89148. Elliot Wave: Are we in a potential EW4 downward move ? Scroll back to Wed 22-5-24 and notice the beginning of the Elliot Wave. Moving forward we can see the completion of EW3 which also encompassed a 5 wave sub wave, highlighted by the blue 5 wave count. Even further forward we can see the potential completion of an EW4 confluence for what i believe to be a negative divergence. Strategy The plan is to drill down in to the lower timeframe and look for entries into this move. Targets to between 0.87936 and 0.87577. In the context of the higher tf could be a decent swing move. In the case i will be aiming for 0.85920 region.Shortby TraderChesUpdated 2
Usdchf bearish with big movement *We have head & shoulders pattern on 4H *price rejected from resistance then rebounded from 1H FVG Enter after breaking 1H trend, and then re enter after retest pattern neck Shortby malhibi4
USDCHF Trade Idea . waiting for price to give me at least two bullish engulfing candles to confirm price is continuing with the trend . I will look to scale in after price breaks out of my 61% Break Of Range area.Longby CornerHouseTrading0
USDCHF_1HAnalysis of the Swiss Franc symbol The market is in an upward trend. Important support 0.88666 Target number 0.89000 and 0.89222Longby Elliottwaveofficial1