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The pair has been bouncing from the horizontal channel it formed on the daily chart .For those of us who follow and trade USD/CHF the pair has presented a buy opportunity at the lower channel .The daily candle has close above a support line.Please consider the idea and know how to manage your trade
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USD/CHF chart by TradingView
The USDCHF currency pair is often called
'The Swissie'. The Swiss Franc is the last
Franc still in issuance in Europe. CHF is
shorthand for 'Confoederatio Helvetica'
Franc, and represents the economy of the
neutral nation situation in the center of
Europe. Switzerland has long been a key
banking center for customers around the
world, and the secrecy with which they
maintain their banking operations has
made them one of the more desireable
locations for storing cash. This has helped
to bring considerable strength to
the Swiss Franc, pressuring exporters
from the nation. When the European Debt
Crisis enveloped the continent, massive
inflows into Swiss Francs made the
situation worse until eventually the Swiss
National Bank (SNB) created a peg to the
Euro at a rate of 1.2 Swiss Francs for
every 1 Euro. If the EURCHF currency pair
fell below 1.20, the SNB proposed to
sell CHF and buy EUR to support the 1.20
floor.
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Bid / Ask
0.9840 / 0.9843
Day's Range
0.9808 - 0.9863
52 wk Range
0.9659 - 1.0237
Prev. Close
0.9849
Open
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CHFUSD
SWISS FRANC / U.S. DOLLAR
1.01615
+0.05%
+0.00050
Swiss Franc
SWISS FRANC CURRENCY INDEX
101.6
+0.08%
+0.1
Swiss Franc
SWISS FRANC FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
1.0165
D
+0.20%
+0.0020
PZ1!
OJSC POLYAS GOLD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
69758
D
−1.98%
−1406
Swiss Franc
SWISS FRANC FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
1.0165
D
+0.20%
+0.0020
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USDCHF:CUR
USD-CHF X-RATE
0.9842CHF-0.0008-0.08%
AS OF 12/13/2019 EDT
OPEN
0.9851
PREV CLOSE
0.9850
YTD RETURN
0.21%
DAY RANGE
0.98060.9863
52 WEEK RANGE
0.96601.0237
1D1M1Y5Y
5p
8p
11p
2a
5a
8a
11a
2p
0.9827
0.9840
0.9853
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Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.
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Today Trend Of The Market:Buy
money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be carefull.
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading.
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I see this pair still in strong bearish movement . If this pair can break first support level at 0.9812 predict price pair will go down again to the next support level at 0.9792
But if go up and break first resistance level at 0.9863price maybe make some correction to the next resistnce level around 0.9880
Sell signal is indicated from Simple Moving Average , Bollinger Bands indicator and Stochastic indicators.
entry Buy with stoploss at 0.9797 and take profit at 0.9869
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation
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this is my analysis
Simple Moving Average chart for this pair seen as an indicator as smoothly down movement, so it is possible the breakdown of the resistance level and this pair will continue to go down to the next lower level . indicators ke hisab se ap log best trading kr sakte hin or good profit, bana sakte hain sab indicator best nh hote or sab wrong bhe nh hote, main kuch best indicator ke hisab se es pair ke Analysis de raha hon
in my personal view this pair will be continue bearish trend, for intraday trading today . you can take entry SELL Order now, and target take profit around the support level. if market movement as my scenario, you can earn good profit and avoid much loss in your trading .
We cannot understand this market operation, so we must learn some basic things about forex trading and after that start practicing demo trading with virtual money so that we calculate some exposure to the real trading market. after we learn the approach to help generate consistent profits on demo accounts, we can move on to trading explicit real accounts.
this time ke price ye chal rhe he == 0.9838
1.Resistance = 0.9862
2.Resistance = 0.9877
3.Resistance = 0.9892
1.Support == 0.9814
2.Support == 0.9800
3.Support == 0.9787
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dear all member of Indian Forum, today I will discuss about market
this pair maybe can move towards to bottom top and continue the bearish trend
current price aur previous price market ke down hony ka ishara de rahe hain. Ye pair sell ka bna huwa he I think jahan par market punche huwe he wahan se down ke traf movement kar sakte he so main suggest kronga hamen sell ki trade lga dene chaheye. resistance and Support points bhi market ke down hony ka ishara de rahe hain. Isliye hum ko sell main trade laga deni chahiyeYe pair sell ka bna huwa he i think jahan par market punche huwe he wahan se down ke traf movement kar sakte he so main suggest kronga hamen sell ki trade lga dene chaheye
Exponential Moving Average (16) : DOWN
Simple Moving Average (22) : DOWN
Exponential Moving Average (38) : DOWN
SHORT position at : 0.9832
target stop loss at : 0.9867
target takeprofit at : 0.9787
resistance1 >> 0.9863
resistance2 >> 0.9877
Resistance3 >> 0.9890
Support 1 >> 0.9815
Support 2 >> 0.9803
Support 3 >> 0.9793
please avoid using big lot for your trade because this business is very dangerous. forex traders need to develop their own trading strategies and have to trade with the right knowledge and skills, this is a great place to make money and we can make very large amounts of money without limits if we can trade properly knowledge and experience, anything can happen in forex market. good luck to your trading my friend