USD/CHF

[RVD Support 8]

This Thread is made for the discussion of USD versus CHF
You can give here forecasts, explanation about the market And Technical Analysis.

[saiansh23]

We need to stay above 0.9384 and finally 0.9420 on daily to confirm that the pair has been put under immense pressure . Although if we could not hold or it is just a test of 0.9420 then soon we will see a breakout of 0.9295 and then we will challenge the lows again. Current ongoing correction seems to be very complexive if we manage to break and hold above 0.9420 then test of 0.9512 is sure. So if today we break above that point then you should go long with stop around 0.9360 and TP 0.9512

Check the chart

regards

[saiansh23]

As I mentioned we need to stay above 0.9420 for bulls for a test of 0.9470 and 0.9512 will certainly click the entry for bulls And I will go long there for a test of 0.9830 with stop would be
around 0.9370 so 150 for 300 would be 1:2 risk reward opportunitiy
regards

[vetman85]

As you see in my following attached chart, the descending channel on the H4 time fame has been broken, so bullish movements ( in case of breaching the resistance @ 0.9486 = fibo level) are expected and my next target will be @ the next resistance which located @ 0.9570 then 0.9660. this scenario will be cancelled in case of breaching the new up-trend line.

[topman]

On the hourly chart we still can see a bullish power by a rejection from the lower line of trend tunnel and that slope still upside look. The better entry point is above 0.94911 then hunt 0.95385 as the upside target or we need to wait it down to 0.93974 or 0.93494. I think if the price can defeat 0.93494 then it would be completely reversal into bearish trend.

My chart here :

[hafnaoui]

The pair showed positive trading yesterday, but it found solid resistance at 0.9500, that forced it to continue trading in sideways range, this fluctuation offers stochastic good positive momentum, that supports the expectations to continue the bullish trend, which is affected by the previously completed inverted head and shoulders pattern.

[vetman85]

The pair now facing strong resistance level located at 0.9485, if it able to breaching this resistance, then we will see more bullish movements till 61.8% fibo level @ 0.9568 otherwise the current resistance may act as strong barrier to the bullish scenario, so it will be falling down till 38.2% fibo @ 0.94, then 23.6% fibo @ 0.9298.

[hafnaoui]

The pair starts today’s trading with bullish bias supported by stochastic positivity which appears clearly on the four hours timeframe, to keep the inverted head and shoulders pattern affect valid, while EMA50 provide good support to the bullish wave from below.
Therefore, the bullish trend will be suggested for today, and the main target is 0.9600, while achieving it requires holding above 0.9400

[hafnaoui]

The pair rallied to the upside approaching our main target at 0.9600, to continue with our bullish overview efficiently, noting that breaching above this level will open the way towards 0.9800
EMA50 supports the expected bullish wave, which remains valid unless 0.9490 was broken.

[hafnaoui]

The pair succeeded to breach the main waited target at 0.9600 and managed to build support base above it, which supports the continuation of the bullish trend on the short term basis, to wait extended targets that reach towards 0.9790 as a first main station.
Stochastic provides positive overlapping signal that supports the waited rise.

[sadikmoh]

The pair is due to the rising channel earlier.There was more than a false break as we note on the picture.The current target is the highest channel at the point at .98091.
good luck

[debian]

USD / CHF Pairs rallied to above long, today looks just move down to retrace at the 61.8 of Fibonacci retracement level , and are expected to continue again to upward if it can not brake that level,

and also not close the possibility the price will break the 61.8 Fibonacci retracement level and go to support 1, if there are such cases there will be a reversal of the direction of but not exceeding support 2

[lastnet]

its going down to short time so we shall avoid trading in that currency to make sure its duration as I don`t know it will go up or down on the long time

[john smith]

a set of two perfectly fulfilled a sell signal ( hang due to blue slip alligator ) and currently forms the southern wave, whereas the most task will just be to beat the bears zone of lower fractals 9415-9400, strengthening the combine below the 9400 figures can open a significant potential for additional decline up to actually 9170.

[ceceilhen]

USDCHF conditions on a monthly basis in a state trending down, after the ranging conditions. on weekly movements are also in a state trending down. yesterday the price had also entered into a normal area daily, but bounced back. predictions prices will continue trending down. Secure transaction is sell. which may limit target price is low that formed on yesterday.