USDCHF | Bullish Trend | UpTrendUSDCHF refers to the exchange rate between the US dollar (USD) and the Swiss franc (CHF). If the USDCHF pair is making a bullish trend, it means that the value of the US dollar is increasing relative to the Swiss franc. This could be due to various factors, such as stronger economic data from the US, higher demand for the US dollar, or weaker economic data from Switzerland.
If the sentiment of the USDCHF pair is also bullish, it means that investors and traders have a positive outlook on the exchange rate and believe that it will continue to increase in value. This sentiment can be influenced by various factors, such as positive news or events related to the US or the Swiss franc, a favorable outlook for the global economy, or a shift in central bank policies.
Higher highs and higher lows in the chart pattern of USDCHF also indicate a bullish trend. In technical analysis, this pattern is known as an uptrend, and it typically suggests that demand for the USDCHF pair is increasing over time. Higher highs occur when the exchange rate reaches a new peak that is higher than the previous peak, while higher lows occur when the exchange rate experiences a dip but still maintains a higher low than the previous dip.
Overall, a bullish trend, bullish sentiment, and a pattern of higher highs and higher lows all suggest that the USDCHF exchange rate is likely to continue increasing in the near future. However, it's important to keep in mind that exchange rates can be influenced by a wide range of factors, and there is always a risk of unexpected events or market shifts that could cause the exchange rate to change direction.
Usdchflong
USDCHF - Bearish to sell stop liquidity ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. Price filled perfectly the imbalance and mitigated bearish order block which means I will open a short position. My target is sell stop liquidity for a new lower low.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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USDCHF SellThe USDCHF pair managed to break 0.9235 level and hold below it, to complete forming the descending triangle pattern that appears on the chart, getting negative motive that we are waiting to push the price to continue the decline towards our negative targets that start at 0.9150 and extend to 0.9060. Therefore, our bearish overview still valid and active, supported by moving below the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 0.9316.
USDCHF h1 main trend is still down. In the short term, it is possible that the pair will accumulate sideways in the 0.9150-0.9190 zone and then break down. Recommend waiting to sell to 0.9190, SL: 0.9240, TP: 0.9120
USDCHF - Bearish price action ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As we can see price changed into bearish market structure from 4H timeframe perspective and started to form new lower lows and lower highs. Price rejected from OTE 0.705 level of FIBONACCI and filled partially the imbalance. I expect bearish price action upcoming week as we have a huge imbalance lower that has to be filled.
Fundamental analysis: On Wednesday 22nd of March we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. On Thursday 23rd of March we have news events on CHF. As well SNB planned to raise interest rate by 0,5% supported by a Press Conference after the display of the results. The raise of interest rate means strength of currency, but due to the fact that SNB could raise by a bigger % this could support our bearish price action.
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Will USDCHF find support at oversold extreme?USDCHF - Intraday -
There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 0.9059.
We are trading at oversold extremes.
Bullish divergence is expected to support prices.
We look to buy dips.
With signals for sentiment at oversold extremes, the dip could not be extended.
We look to Buy at 0.9077 (stop at 0.9045)
Our profit targets will be 0.9157 and 0.9167
Resistance: 0.9145 / 0.9160 / 0.9180
Support: 0.9125 / 0.9110 / 0.9095
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#USDCHF- We have STRONG reason to BUY!!!!Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY ; we also have CPI next week which will be interesting and important for the investors and traders. It will be better to leave USD pairs alone on Monday where we will have a better understanding of the price action.
Good LUCK happy trading!!
USDCHF - Risky long ✅Hello traders!
‼️ This is my perspective of USDCHF .
Here I opened a risky long position as I saw price to reject from bullish order block and my target are imbalances higher that have to be filled.
‼️Attention!!! Due to the fact that we have news events on USD on Tuesday and Wednesday, the analysis can be invalidated.
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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 possibility that USDCHF will go UP a little more and move to the 0.9462 LEVEL. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.8899 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDCHF, Interesting bullish structure. USDCHF / 1D
Hello traders, welcome back to another market breakdown.
USDCHF has been trading in a down trend. However, the price has rejected a good support level signaling a shift of structure from bearish to bullish. I'll be watching over this pair in case it comes back to my buy zone for a swing trade higher.
Trade safely,
trader Leo.
USDCHF - Long active ✅Hello traders!
‼️ This is my perspective of USDCHF .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 0.93000.
‼️Attention!!! Due to the fact that we have news events on USD on Tuesday, Wednesday and Friday, the analysis can be invalidated.
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USDCHF Daily: 05/03/2023: 🟢Buy opportunity
You can see all the details on the chart.
If we have a low time frame confirmation it can be a good opportunity.
Targets:
0.9392
0.9461
0.9530
💥Important note: It's not investment advice, so do your own research.💥
💡Wait for the update!
🗓️05/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
USDCHFUSDCHF Long-Term Perspective macro chart on the left side
USDCHF can continue its current rejection on 0.94200 all the way down to 0.92000 psychological level which can create a long opportunity around the area on the lower time frame for another Bullrun to the main target which is around 0.95500
USDCHF lower time frame (minor chart on the right side)
For now, looking for short opportunities for the bearish continuation till the highlighted key area which overlaps with the area on the left-hand side chart and my Long-Term Perspective