Usdchflong
USDCHF WEEKLY, BROKE 0.9470, TESTING 0.9547, BULLISH?USDCHF Broke double top 0.9470.
Now at critical level above MA 200 Weekly and near Resistance 0.9547, also at median bullish trendline (from November 2020 to September 2022).
Break and hold above 0.9547, open the way to target 0.9639 & 0.9650.
Strongest resistance at 0.9901.
Failure at 0.9547 could push USDCHF lower back to 0.9470.
Below 0.9470 potentially retest 0.9296.
Below 0.9296 potentially retest 0.9091.
USDCHF riseThis pair has continued to unfold as projected, albeit there some variations in the expected formations of the projections made. Executing according to plan has worked successfully over this month.
I am waiting to see market structure form over the next couple days as this is when I anticipate my next move forming accordingly.
Patience is key, I anticipate continued rise toward 0.9800 price region
Daily USDCHF Premium Signal For 25/04/2022Last week we couldn't meet our target of 200pips per week. We were shot of just 76pip. But hopefully this week is certain we shall get there. For USDCHF setup for Monday. Hawkish statements from FED still in play would give long the advantage. We go long at 0.95278 targeting 30-40pips good luck trading.
USDCHF Buy the dip.USDCHF - Intraday - We look to Buy at 0.9474 (stop at 0.9451)
Daily signals are bullish.
20 4hour EMA is at 0.9473.
We look to buy dips.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 0.9532 and 0.9542
Resistance: 0.9536 / 0.9550 / 0.9570
Support: 0.9500 / 0.9460 / 0.9440
USDCHF Breaking ResistanceUSDCHF Breaking Resistance
USDCHF recently broke its resistance at 0.9465
The next psychological resistance is at 0.9500, a break in this level will take tha pair to 0.9532 (Channel Resistance)
If 0.9500 will not break, a short term pullback at 0.9460 will be a key price at the 4H timeframe.(Trendline Retest)
If 0.9460 will not hold price may go down and consolidate near the 0.9400 level. (Trendline Structure Break)
For this week, I expect USDCHF price will consolidate between 0.9500 - 0.9400 level.