Blog  usdchf

August 18, 2019 | 11:52

A Confluence of MACD Divergence and Fresh Demand. Sunday  18/08/2019 Although the interest rate cut, it seems that the Greenback is back to be bullish. Also, it seems that the Greenback gets strong against most of the other currencies. In D1 chart, we can see a bullish outside bar candlestick pattern which is a strong […]

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July 1, 2019 | 08:40

Monday 01/07/2019 A confluence of Fresh Supply and Fibonacci 61.8% in USD/CHF. Two weeks ago, seen in the W1 chart, the USD/CHF  weekly candle had ended as a bearish engulfing pattern. The big red candlestick shows this bearish engulfment. This pattern was a continuation outside bar candlestick pattern. It shows how the big red candle […]

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March 7, 2019 | 12:50

The USDCHFprice created a new fresh demand 2 days ago, it looks like a great continuation demand for buy position, for now, the price compressing down And as long as the price keeps compress toward the demand, it’s better for us, it indicates the price move down without a real sellers power, therefore, if the Price […]

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March 4, 2019 | 13:24

As we can see on the 1-hour chart, the USDCHF has a nice rally, it seems that this bullish momentum start to lose power, the divergence on the MACD indicator Indicates for the upcoming bearish momentum, however, I’ll still prefer to wait and see if the price will breakout the support below, if that happens, […]

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February 20, 2019 | 17:02

Those are the next levels to look for a position on USDCHF , the supply above is a great level for sell position, if we look carefully, we can see that is the price Will move up toward the supply now, it might create the right shoulder of Head and Shoulders pattern. the target for the sell position will […]

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January 28, 2019 | 13:16

I have marked on the chart the Compression area in a channel, as we can see the USDCHF price now goes against that compression area from the left, Compression is a situation Where the price moves up or down easily and slowly, picks all the orders on his way, struggling to move up or down, when […]

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December 7, 2018 | 09:25

As a price action forex trader, the supply above is the exact kind of great level that I’m looking for, this supply seems very clear and most likely there are unfiled orders waiting for the Price to reach that level, once the price will hit that supply, I’ll sell there, as a daytrader my target will be the […]

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November 28, 2018 | 12:37

As a swing trader in the forex market, I always prefer to mark the key levels supply & demand before and be ready with a limit orders, the supply above us, is a changing momentum one, this supply start the bearish momentum, I’ll wait for the price at this supply to sell, for now, the […]

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October 31, 2018 | 12:55

As I predicted in my last post on USDCHF, the price still bullish and tends to reach 1.0200. For the swingers who still hold the position from my last post, I would advise rolling the stop loss to 1.0005, the new demand that I marked below is a great fresh one for continuation Position, it’s […]

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October 26, 2018 | 07:55

This opportunity is relevant for swingers and long terms forex traders. The USDCHF is bullish at the moment and it seems he is gonna stay bullish until reaching his final destination at 1.0200, below us there is a great demand level which is a continuation level of buy position, I’ll buy at this level, if the […]

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