🛠 Technical Analysis: On the H4 timeframe, USDCHF remains in a clear bearish structure after the “global bearish signal,” with price continuing to trade below the key moving-average cluster. The rebound into the highlighted resistance area (around 0.7755–0.7790) looks like a classic retest after the breakdown, where sellers may defend and resume the downtrend. Price is currently below the SMA 50 and well below the SMA 100/200, confirming that rallies are still corrective. The upper resistance zone near 0.7890 remains the larger supply ceiling and aligns with the higher MA resistance. If price gets rejected from the current resistance band, the next bearish leg is projected toward the marked support at 0.7594. A sustained break and hold above 0.7830–0.7850 would weaken the bearish setup and shift focus to the higher resistance zone.
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❗️Trade Parameters (SELL)
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➡️ Entry Point: Sell on rejection from 0.7755–0.7790 (around 0.77355)
🎯 Take Profit: 0.75942
🔴 Stop Loss: 0.78299
⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.
———————————————
❗️Trade Parameters (SELL)
———————————————
➡️ Entry Point: Sell on rejection from 0.7755–0.7790 (around 0.77355)
🎯 Take Profit: 0.75942
🔴 Stop Loss: 0.78299
⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.
Note
🌍 Fundamental Analysis: The fundamental backdrop still favors CHF strength as safe-haven flows remain elevated amid US political/institutional uncertainty, which has pressured the USD against defensive currencies like the Swiss Franc. USDCHF remains vulnerable after breaking a multi-month support area near 0.7850, keeping the bias tilted to the downside while volatility stays elevated. On the data side, the ADP report is being watched more closely than usual due to delays around key US labor releases, meaning surprises can quickly swing USD sentiment intraday. ⚠️ Public market view only. Not financial advice. DYOR and manage your own risk.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
⚠️ Public market view only. Not financial advice. DYOR and manage your own risk.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
