USD/CHF

Hello traders,

Uchf there is a probable trend change as you can see the 9190 region is holding as good support in 1 hr.

Can we say 0.9330 to be a reversing point for the USDCHF rally? The MACD signals the same till 0.9280; however, only a closing below 0.9200 can support the chances of 0.9130 re-test.

A potential upside till 0.9365-70 is visible for USDCHF, on a decisive break above 0.9330.
Day's low near 0.9307 would act as a potential stop-loss for the trade.

0.9320 - 15 becomes an important support zone for determining near-term moves of USDCHF.

Sustained break of 0.9390 can cause the pair towards new high of 0.9455. Downside support of 0.9330 becomes important.

http://i.hizliresim.com/aB5R07.jpg


I think this week USDCHF fell 100 pip. Go short at 94.00 and TP at: 93.. SL : 9450

USDCHF Bullish Target is 9434

Ascending trend line support near 0.9350 becomes important for USDCHF, breaking which 0.9310 can't be denied. Moreover, a break of 0.9380 can cause the pair to re-test 0.9410 levels.

Having breached 0.9460, the USDCHF is likely to head towards 0.9530 soon.

On the weekly TF the price is going down along with the bearish trend and an Inv ab=cd is on-sight simultaneously. If the supply side takes overcomes to the demand side, the expectation will be going for a drop.


http://forex-fa14.blogspot.com/

USDCHF likely to test 0.9460 support level after breaking ascending trend line support.

Hi my idea is USDCHF short until support area you can see there is a buyer that is 300 pips down to support areas then buy how long up I do not know! so just ride on!

I am a newbie (still on a practice account). USDCHF appears to be on a fairly lengthy uptrend and yet there has been no discussion on the pair.

Does anyone have an idea on a target?
When will it begin to fall?
Will it reach 1.0000?

I got in at 0.95592. It's at 0.95804. So far so good...

You are absolutely right.

Ha!! Please... what am I right about?

The pair confirmed still a positive closing last night but it failed to move above 0,9600 for now. A daily closing tonight below 0,9545 will be negative for the dollar! In the hourly chart the dollar already confirmed a double top formation suggesting a return toward the 200 hours line, now found at 0,9480!! The indicators of the daily chart are still well positive but those of the s/t charts returned all below the line supporting further consolidation/ correction. We sell some dollar here at 0,9558 putting a stop above 0,9600 for a test of the 200 hours line!!

The pair confirmed a weak closing below the low of the previous session suggesting further s/t pressure on the downside. The indicators of the daily chart are still well positive while those of the s/t charts are showing a mixed picture at the moment suggesting some consolidation/ correction with the 200 hours line at 0,9495 the possible attraction. Only an hourly closing below 0,9515 will however support lower levels! We stay short for now!

On Sept 30 I entered at 0.95592 and was targeted out on Oct. 3 at 0.96496, 90.4 pips. There were a few ups and downs but the overall trend held. I wish there were more USDCHF traders to share projections with.

0.9675-80 i.e current price , good point to short usd chf