Usd/Chf

[Ex.ness Support]

USDCHF: consolidation after the publication of the US labor market report

USDCHF
March 7, 2016, 09:53
Buy on a level breakthrough of 0.9950 with 1.0008 target. Stop loss = 0.9900.

Reason for the trading strategy
The number of jobs outside the US agricultural sector increased by 242 thousand in February against the forecast of 195 thousand, the value of the index for the previous month was revised upwards -from 151 thousand to 172 thousand. The unemployment rate in the US in February was unchanged at 4.9%, as expected.
However, the average hourly wage in the United States decreased by 0.1% (m/m) in February, with a forecast of a 0.2% (m/m) growth. Low inflation expectations in the United States do not yet allow the USDCHF pair to consolidate above the 0.9950 level.

USDCHF, H1

[azami2]

usd chf
visible form in the H4 time frame, head and shoulder pattern. three times retest at the resistance. if it is unable to break resistance it can be said the head and shoulder pattern is valid. If valid, the opportunity to go down still great.

[TheFxTrader]

The dollar against the franc traded pair ended yesterday below the level of 0.9900, which price may put under negative pressure and test the potential of 0.9800 before resuming the uptrend again, where he completed the price formation of minor bearish technical pattern has been shown through the secondary image, along with the negative pressure provided by the SMA 50.

[Magdaygawad]

the first thing to get mention is the daily opening of the USDCHF which comes today below the primary Pivot of the last day on 0.9895 that suggests the likelihood of a downward bearing throughout today. As should be obvious from the moving crosses the MA20 which considered as the quick one is below the moderate 48MA to perform a state of bearish heading on the long term moves. by the way in the event that the price keeps below the index line for the magic indicator to overrun the chances regarding the downward direction according to the indicator. after seeing that I will go with the downward way and the market move shouldn't go over the resistance that located at 0.9945 with a target accumulation area at 0.934 up to 0.98 respectively and around this values it�s time to thinking about close any sell orders

[TheFxTrader]

The dollar against the franc pair managed to come into contact with our main first expected at 1.0000 and shows some bearish bias influenced by negativity on Stochastic which clearly show through the time frame of four hours, which may push the pair to re-test the 0.9900 level before resuming the upside again.
In general, we continue tipping upward trend supported by the SMA 50, unless the breach of 0.9800 and stabilizing below it, indicating that the breach of 1.0000 would extend gains for the pair up to 1.0130 key next station.

[TheFxTrader]

Enables SMA 50 forming the floor of good support barrier stopped the attempts by the dollar against the recent negative franc pair, the price starts to rise now, in an attempt to resume the suggested bullish trend in the last of our reports, which is supported by the positivity on Stochastic.

[TheFxTrader]

Being dollar versus the franc test of ground support formed above the level of 0.9900, noting that the stochastic is approaching oversold areas to gain a good positive momentum on the time frame of four hours, which supports our expectations consistently upward trend in the coming period, pending test 1.0000 initially.

[Shawan Kapoor]

USD/CHF is hafte k shuru mai kafi zada gira aur 0.9660 tak gaya magar hafta khatam hone tak thori recovery kari aura b 0.9770 tak agaya ha magar trend abhe bhe bata rah ha k kafi zada neeche ja sakta ha to hume dekhna hoga k hum trend k virud na jai warna nuksan hosakta ha.

[TheFxTrader]

Stochastic provides negative signals on the time frame of four hours, while the moving average continues to 50 proposed bearish wave support, and therefore, these factors encourage us to continue tipping bearish bias in the coming sessions, which extends its objectives to reach 0.9474 after breaking above mentioned level, while the proposed reduction will remain in place to this day, unless the breach of 0.9800 and stability above it.

[TheFxTrader]

Skip the dollar against the franc pair at 0.9900 to head towards 0.9800 directly, which represents an important support for short-term trading level, where breaching this level will put the price under negative pressure leading trading around 0.9676 then 0.9474 mainly.