Shuael's Blog

Avatar

USD/CHF range trading

Overview:

USD/CHF is in an overall ranging market between two levels: 1.000 and 0.9835
Starting for June of this year.
My long term expectation is still a dowtrend.
The price was rejected from level 1.000 several times, for this reason in the next few months i expect a downtred to meet 0.944 support level.

Weekly chart:

On the weekly chart you can clearly see the resistennce level around 1.00 aand the ranging market conditions.

Daily chart:
On the daily chart the possible scenario is describe…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
Shuael avatar
Shuael 27 Wrz

The price was rejected from the support lvl around  0.9947 , moving strongly up today
Let's see if in three days it can move back again to meet my expectation

Shuael avatar
Shuael 30 Wrz

The price moved up all this week, anyway it's very near the price i predited. Let's see what will happen Monday

lubZostaw komentarz
Avatar

USD/CHF reaching previous highs

Situation:
USD/CHF is in a long term tunel situation.
The price pulled back from the bottom as shown on the weekly chart.
I expect the price to move higher considering the past behaviour.
A complex correction is also possible.
Weekly chart:
main tunel borders are pointed out
Daily chart:
A possible scenario is shown:
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
Shuael avatar
Shuael 28 Gru

I used a wrong timeline, setted on the 20 of feb.

lubZostaw komentarz
Avatar

USD/CHF prediction 1st of July

Weekly cahrt:
On the weekly chart i pointed out some lvls which may work as turning points for the price.
Daily chart:
On the daily chart i draw the possible scenario.
I also pointed out the strong downside momentum of every swing, the same may happen this time also.
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz