Thread: Usd/chf
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USD/CHF Exchange Rate The Swiss
franc denoted CHF (which stands for
the Confoederatio Helvetica franc), is
the official currency of Switzerland and
Liechtenstein. It is used by the Central
Bank of Switzerland and is the only
version of the franc still issued in
Europe.
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hamza332 (2020-08-19)
dear friends how are you . i am fine forex portal forum is the best portal forum to the discuss to the trader for trading .
Today technical analyses by according to trend sell Gold and aur/USD back to sell position and tredr for the best time to sell trade and make Mont.
If u not trading knowledge I want to tech US to big trader and fellow him and make Money.
I am big earinhg here and good profit to the good life .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
hamza332 (2020-08-19)
EUR/USD rose to 1.1897 in Asia and currently trades near 1.1885.
The US-specific factors keep the greenback under pressure.
EUR/USD continues to grind higher amid broad-based losses in the US dollar. The pair is trading near 1.1885 at press time, having hit a high of 1.1897 during the Asian trading hours
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hamza332 (2020-08-19)
“USD/CHF is starting to break down through the 0.9072 May 2015 low and the 0.9050 July low, downside risks remain.”
“We have TD support at 0.8963 and failure here would introduce scope to the 0.8703/0.8698 2014 lows.”
“Rallies are expected to find good resistance initially at 0.9251, the 23.6% retracement but remain capped by the 0.9301 short-term downtrend
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hamza332 (2020-08-19)
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Good luck everyone
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hamza332 (2020-08-19)
Forex Trading is a very good business.We can also benefit from it and it can also cause harm. If we work hard on it and work on it continuously then we will If you have a profit.
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irfan33 (2020-08-19)
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
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irfan33 (2020-08-19)
Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
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happy trading all, this pair is still moving sideways until now from the H4 time frame it is known that pair movement is still moving above the 161.8% fibo level if later the price breaks below it then the next price will target the support level below the price
but if the price rises it is possible that the possible level for the price to be touched is the SBR level which I marked with a line the top this is where we can do selling reentry with the condition that the price reject from here
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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