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Usdchflong

Will USDCHF find buyers at trend line support?USDCHF - 24h expiry The bearish engulfing candle on the 4 hour chart is negative for sentiment. A higher correction is expected. Trend line support is located at 0.8940. Price action continued to range between key support & resistance (0.8910 - 0.9000) although we expect a break of this range soon. Expect trading to remain mixed and volatile. We look to Buy at 0.8944 (stop at 0.8919) Our profit targets will be 0.9004 and 0.9014 Resistance: 0.8990 / 0.9016 / 0.9030 Support: 0.8970 / 0.8940 / 0.8925 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
USDCHF - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: After the change of character price started to make lower lows and lower highs, so I am looking for shorts. I expect price to continue the retracement to fill the imbalances higher and then to reject from bearish order block. Fundamental analysis: Next week on Thursday we have news on CHF, will be released Interest Rate which is forecasted to increase by 0.25%, this means strength in currency. If this happens it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
USDCHF continues to rise in a bullish channelUSDCHF - 24h expiry Our short term bias remains positive. Trading within a Bullish Channel formation. Trend line support is located at 0.9051. Previous resistance at 0.9060 now becomes support. 50 4hour EMA is at 0.9060. We look to Buy at 0.9063 (stop at 0.9033) Our profit targets will be 0.9138 and 0.9148 Resistance: 0.9116 / 0.9148 / 0.9160 Support: 0.9100 / 0.9065 / 0.9040 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
USDCHF - CURRENT SITUATION#USDCHF - At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US. - Currently, the MARKET is becoming RISK ON and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday. - There is definitely a high chance that USDCHF will go UP a bit more and move to the 0.9214 LEVEL. Anyway, the price of USDCHF can go down to 0.8600 LEVEL after the FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDCHF in a positive channel.USDCHF - 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. 50 4-hour EMA is at 0.9018. Trend line support is located at 0.9008. We look to buy dips. We look to Buy at 0.9018 (stop at 0.8993) Our profit targets will be 0.9078 and 0.9088 Resistance: 0.9060 / 0.9075 / 0.9090 Support: 0.9040 / 0.9020 / 0.9000 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
USDCHF - Still bullish ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are still in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement and then to reject from bullish order block. Fundamental analysis: Next week on Friday we have news on USD, will be released monthly NFP and Unemployment Rate. Pay attention to the results, as if they are positive, it will support our analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
6