USDCHF Analysis Feb 2020

07-Feb-2020

CMP: 0.9742; Res: 0.9767; Sup: 0.9613
As long as 0.9767 resists, we can retest 0.9613 and further 0.9578-0.9528

USDCHF: Break Needed 0.9728/0.9613

CMP: 0.9703; Sup: 0.9669/0.9613; Res: 0.9728
If 0.9728 breaks, we can see 0.9784-0.9811, 0.9855-0.9872...

USDCHF: Still more downside can be seen? 27-Jan-2020

CMP: 0.9706; Res: 0.9734/0.9763; Sup: 0.9613
As long as the above resistances hold, we can see 0.9613 again.
Further targets: 0.9579-0.9544, 0.9487-0.9465...

Alternate View:

https://ewavesjournal.blogspot.com/2020/01/usdchf-short-term-view-24-jan-2020.html

USDCHF: Short Term View 24-Jan-2020

CMP: 0.9712; Res: 0.9734; Sup: 0.9613

1. If 0.9728 resists, we can see 0.9669 again and further 0.9658-0.9640
2. As long as 0.9613 supports, we can see 0.9728 again and further 0.9784-0.9811.
3. Break of 0.9728 direct move to 0.9770-0.9784, 0.9811-0.9818.

As of now Sellers SL 0.9734 for 0.9669 and 0.9658-0.9640.
Buy between 0.9658-0.9626, with Max SL 0.9610 for 0.9728 and other targets.

Above 0.9728 bullish, Below 0.9613 bearish.

FX: USDCHF: Trade Idea 22-Jan-2020

CMP: 0.9702; Sup: 0.9661/0.9613
As long as 0.9661 holds support, we can see 0.9740-0.9770.
Buy at cmp or on dips, with strict SL 0.9660

USDCHF: Down move is in progress... 18-Jan-2020

CMP: 0.9677; Res: 1.0028/1.0237/1.0344; Sup:0.9188

Based on Weekly Chart, As long as 1.0028/1.0237 resists, we will see min (0.9671-0.9658 DONE ALREADY).
Further targets: 0.9523-0.945, 0.9354-0.9315, 0.9188-0.9082. Extension could be 0.8808-0.8700...

Strategy: Sell on Rise.