USD/CHF

I expecting this setup for monday.

I'm still waiting for the setup!

maybe 9140 is support, see if maybe an intra day entry presents itself

USDCHF Daily Outlook

Ichimoku analysis (4-Hour chart) Tenken-Sen- 0.90186 Kijun-Sen- 0.90481 USDCHF is trading weak and lost more than 100 pips from a temporary top around 0.90932. The broad-based US dollar selling and minor weakness in US bond yield are putting pressure on this pair at higher levels. The intraday trend is weak as long as resistance 0.9045 holds. The US dollar has broken major support at 90 and a dip till 89.69 is possible. The US empire state manufacturing index for Apr came at 24.3 vs an estimate of 23.9. The long-term trend is still on the downside as long as resistance 0.94725 holds. Intraday day outlook: Trend- Bearish The pair is holding well below Tenken-Sen and Kijun-Sen. The pair has broken significant support 0.89862 and declined till 0.89752. Any close below 0.8980 will take the pair to next level to 0.8900/0.8835..91025/0.9120/0.9165. On the higher side, near-term resistance is around 0.9030. Any breach above targets 0.9045/0.90925. Indicator (4-Hour chart) CAM indicator – Bearish Directional movement index – bearish It is good to sell on rallies around 0.8925-50 with SL around 0.9030 for a TP of 0.8900

USDCHF Daily Outlook

Ichimoku analysis (4-Hour chart) Tenken-Sen- 0.89976 Kijun-Sen- 0.90268 USDCHF continues to trade weak for fifth consecutive days and holding below 0.9000 level. The dovish stance by Fed members is putting pressure on the US dollar. Markets eye US FOMC meeting minutes for further direction. The Fed is expected to maintain its dovish stance and interest rates, bond purchase unchanged. The US 10- year bond yield jumped more than 1% from an intraday low of 1.63%. The intraday trend is weak as long as resistance 0.9045 holds. The US dollar trades well below 90 levels and to retest 89.20 soon. The long-term trend is still on the downside as long as resistance 0.94725 holds. Intraday day outlook: Trend- Bearish The pair is holding well below 4- H Tenken-Sen and Kijun-Sen. The near-term support is around 0.8960. Any close below 0.8960 will take the pair to next level to 0.8900/0.8835. On the higher side, near-term resistance is around 0.9000. Any breach above targets 0.9045/0.90925. Indicator (4-Hour chart) CAM indicator – Bearish Directional movement index – bearish It is good to sell on rallies around 0.8988-90 with SL around 0.9030 for a TP of 0.8900

bottoming out

I plan to long this, I think it is on bottom now and on demand area, add buy instant @0.89595 TP 0.8969 & 0.8987 SL 0.894

secure all open orders on 0.896 let see whether it continue up or not

Images sources :
https://tradingeconomics.com/
http://www.worldgovernmentbonds.com/
https://www.barchart.com/
https://www.tradingview.com/

You'll find more analysis here :
https://www.reddit.com/user/azario0malek

It can not break up fibo 23, I plan to cut manually all open buy before London opening and look for short opportunity then

hit sl+, enough for now will look new setups on US session

This is one of those trades where USD/CHF can bounce back to 0.94 in the span of a few weeks/months. I see a long

On the daily chart, it looks like it will go below 1.89 to an annual low of 1.8760.

what are you smoking?

I smoke the EUR \ USD chart))
The CHF is almost completely correlated with the EUR.
On the daily EUR chart, a correction to 1.2050 or even to 1.1980 has now begun to develop. But this does not change the general trend. Just need to smoke a little and wait without haste.

EURUSD? That's great, but this is the USDCHF thread, what is the 1.89 reference too?

Just trying to follow along...

I think you mean 1.18760.

prob today uchf will retest 0.900