USD/CHF

Dear Ayax , Please update CHF analysis if possible.

Looks long and strong, could be wrong

In H1 it is already showing weakness.

Don't you think it's a good time to buy? Or fundamentals are against such a decision?

usdchf entry from the level (level limits 1.00214-0.99913), stop behind the level - 1.00497
tp - 0.94381

broke through the support of 0.9735 (38.2% Fibo), so the correction will continue to 0.9635 (50% Fibo)

rebound Maybe after a fast falling

It broke through the support of 0.9630 (50% Fib), it will continue the correction to 0.9530 (61.8% Fib) + RSI divergence

Almost moving in straight line up and down

this pair is insane, sometimes i thing it's too good to be true but here we are, the perfect trends.

If you're not taking advantage of this you're insane.

we need pullback but before that we need touch target target 1 is important alternative is going to tp 2 and then pullback

I think the CADCHF is very similar to the USDCHF and I am going to post it here.


I am expecting to enter when price comes to the lower limit of the range, and am going for three positions. The first position would take profit at 1R, and the second position would take profit at 2R. The third take profit would be going for the maximum of 3.25R.

I will be trailing my stoploss using my Happy Meal Trailing Stop Loss Method.

Today is just the beginning of the week and we shall see what happens..

Looks no. Option than test parity and much more , ok now if take support 0.9770 or not. Take care

For position traders:
I have a short bias in USD/CHF. Reason is the 10y2y yield spread that can be seen in the first pic and leads USD/CHF price by 3 months of time. USD down, CHF up.
Also on the daily chart price starts reversing. TP is at 0.96021.

TP got hit. 157 Pips profit.

Hello!!

USD/CHF Levels

R - 0.9577
S - 0.9506

Important News:

ISM Manufacturing PMI (Monday) (Importance: High)
Bank Holiday (CHF)

with breaks 0.9472 a top failure in situ now . ok correction up above 0.9667 or even 0.9739 before next tanking to 0.9460 to 0.9293 break down below 0.9194 to 0.8940 most probable to bounce strong possible ! will watch this pair next week. Take care

breakout ang next support for another breakout level 0.9282! take care
limit up0.9470 , real 0.9511 as sl ok

Still to reach target , try to.
0.9316 today or next week.

USDCHF? sure, there has been some rejection at monthly highs, but....

Attached Image (click to enlarge)