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USD/CHF - Triangle Breakout Conformed (14.08.2026)Setup overview FX:USDCHF USD/CHF has broken above the upper trendline of a symmetrical triangle and is now holding above the breakout area. The retest structure remains constructive, with price attempting to build momentum toward the first major resistance at 0.81761. ---------------------------- 🌍Possible trading plan: bullish Entry: After a successful retest and bullish reaction around the broken trendline / breakout zone. Target levels: 1st resistance: 0.81761 2nd resistance: 0.81950 Support zone: 0.81130–0.81250 Invalidation: A sustained M30 close below 0.81130 would weaken the breakout structure and invalidate the bullish setup. -------------------------------- Today Fundamental Updates : (14.08.2026) ✅ U.S. inflation is showing signs of moderation: July core CPI increased 0.2%; annual CPI eased to 3.4%. ✅ Geopolitical risk remains a wildcard: Middle East tensions and oil-price moves could quickly revive inflation concerns and support safe-haven demand. ✅ Today U.S. retail sales are the next major test and CHF - GDP in focus. --------------------------------- Disclaimer This analysis is provided for educational and informational purposes only and does not constitute financial advice. ----------------------------------- Off to you: The technical structure currently favors the bulls, but the upcoming U.S. data could decide whether USD/CHF can reach the first resistance. What is your bias on USD/CHF from here — bullish or bearish? Let me know in the comments below!

by KABHI_TA_TRADING

USD/CHF - Key demand zone could trigger the next upside move!The USD/CHF 4H chart is showing a constructive structure, with price holding above the rising trendline and developing a potential higher-low setup. 🔥The highlighted 0.8040–0.8055 key zone is the main area to watch. As long as price respects this demand/support region, the bullish scenario remains technically valid. 🔥A move higher could first target 0.8167, followed by 0.8206. These levels also align with the marked Fibonacci structure and previous price reactions. Key zone: 0.8040–0.8055 Upside target 1: 0.8167 Upside target 2: 0.8206 Bullish condition: Price holds the key zone and develops higher highs Invalidation: Sustained break below the key support structure Disclaimer : This analysis is for educational and informational purposes only. It is not financial or investment advice and should not be considered a recommendation to buy or sell.

by AM_AlphaTrading

USDCHF – Strong Resistance Intersection Ahead USDCHF has been recovering within the rising channel marked in orange, but price is now approaching an important decision area. The pair is retesting a strong technical intersection formed by: 📌 The supply zone around 0.8155–0.8175 📌 The upper boundary of the rising channel This confluence makes the area particularly interesting for sellers. As long as this intersection holds as resistance, we will be looking for short setups, anticipating a bearish rotation back toward the lower boundary of the channel. A clean break above the supply zone would invalidate the bearish scenario and suggest that buyers remain in control. The location is clear. Now we wait for the reaction. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr

by TheSignalyst

USD/CHF Bullish Rebound Toward upside USD/CHF is showing a **bullish setup** after bouncing from the highlighted **0.8105–0.8110 support zone**. Price is holding above the rising trendline, while the recent pullback appears to be forming a potential rebound from support. A move back above the nearby resistance area could strengthen the bullish momentum and open the way toward the marked target. **🎯 Target:** 0.81522 **📌 Support:** 0.8105–0.8110 **📈 Key resistance:** 0.8125–0.8130 **⚠️ Invalidation:** Sustained break below 0.8105

by SMART_MONEY_CIRCLE

USDCHF: 0.8080 Holds Firm; Buyers Poised for a Comeback USDCHF is approaching the 0.8130 level, a confluence point between horizontal resistance and a bearish trendline. As this is a key resistance zone, a short-term pullback is entirely possible before the price determines its next direction. From a technical standpoint, I favor a bullish scenario following a pullback. The 0.8080 level is the immediate support to watch; if buying pressure successfully defends this area, USDCHF could retest 0.8130. In the event of a deeper correction, 0.8040 serves as a critical demand zone and a potential level for a rebound. The bullish outlook would be further reinforced if the price breaks out above 0.8130 and sustains its position above the bearish trendline. Conversely, a decisive break below 0.8040 would invalidate the short-term bullish view. The above analysis reflects a personal perspective and does not constitute investment advice.

by Paradise_Noir

Morning Market Brief [13.08.]Good Morning and welcome to todays analysis of the forex market. We will go through my watchlist of currency pairs for this week with a top down analysis to discover high level trading opportunities for the upcoming day. Take care and trade safely Nico

19:08

USD/CHF: THE 0.80680 SUPPORT REJECTION & FLUSH! Pushing up toward local resistance at 0.80942! Are you blindly buying into this red supply zone, or positioning for the sharp rejection down to support? 🤔 USD/CHF is approaching a critical overhead supply zone on this 2-hour OANDA chart. The pair is trading around 0.80942, pushing upward to test its descending Resistance line and red supply block where institutional sellers are waiting to defend price. 📉💥 Look closely at the black blueprint trajectory mapping out the coming sessions. The algorithm is setting up a classic resistance-rejection and markdown sequence: • A final push up to retest the red supply zone and Resistance line around 0.81100 to trap late breakout buyers. 🪤 • A sharp, high-velocity rejection dumping price down toward the 0.80800 region. ⚡ • A minor reflex bounce up toward 0.80900 to absorb remaining retail bids and confirm lower-timeframe resistance. 🌊 • Final markdown acceleration driving straight down to test the primary Support line resting near 0.80680. 🎯🔻 Maintaining technical patience and discipline remains your ultimate edge in this setup. Chasing long positions directly into a verified overhead supply zone and trendline ceiling is an easy way to get caught on the wrong side of a sharp rejection. Professional desks wait for the rally to hit resistance and exhaust before scaling into short positions alongside the primary flow. 🧘‍♂️⚡ 🛠 Trade Parameters: 🛒 Short Zone: 0.81050 - 0.81150 🧱 🛑 Stop-Loss: 2h close above 0.81300 ❌ 💰 Take-Profit: 0.80680 🩸 The retail crowd attempting to chase this push into resistance is driving price straight into institutional sell orders. Stay focused, strictly manage your risk, and let the algorithm carry the trade down to our target floor. Maintain your composure through the waves, and we will see you down at the 0.80680 support floor! 🚀💎

USDCHF: Bullish Continuation Confirmed 🇺🇸🇨🇭 I see a valid bullish change of character on USDCHF on an hourly time frame after the price tested a solid rising trend line on a daily time frame. It indicates a highly probable coming bullish continuation. Goal - 0.81 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

by VasilyTrader

Sell for usdchf According to this chart and according to my strategy, I will take a selloff at this point and continue to the bottom of the chart.

USD/CHF Resistance Rejection, Bearish Move Toward Support USD/CHF is approaching a key resistance zone around 0.811–0.813. A rejection here could lead to a bearish move toward the major support around 0.8038. Waiting for confirmation before entry is key.

USDCHF: Bearish After the News 🇺🇸🇨🇭 I see strong selling pressure on USDCHF after the news. The price successfuly broke and closed below a horizontal neckline of a double top pattern on a 4H time frame. The price will likely reach 0.81025 level soon. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

by VasilyTrader

USDCHF Nears Resistance — Is the Bounce Running Out of Steam?USDCHF is showing a steady recovery, but the next challenge is becoming clear as price moves closer to a resistance area that has repeatedly attracted selling pressure in the past. The recent bullish momentum is still intact, so I would not rush into a short position yet. What I want to see first is whether buyers begin to struggle once price reaches resistance. A clear rejection, fading momentum or a bearish reversal pattern would be the first sign that sellers are returning. If that reaction appears and resistance continues to hold, USDCHF could turn lower toward 0.81000. If buyers manage to push through the resistance and keep price above it, the bearish idea would no longer be attractive and the recovery could continue. For now, the setup is more about patience than prediction. Let price reach the area, watch how it reacts, and only then decide whether sellers truly have control. This is only my technical view, not financial advice. Always confirm your setup and manage risk carefully.

Watching price approach pullback support?Swissie (USD/CHF) is falling towards the pivot, which acts as a pullback support that is slightly above the 50% Fibonacci retracement and could bounce towards the 1st resistance. Pivot: 0.8001 1st Support: 0.7913 1st Resistance: 0.8119 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.

USDCHF - D1 - Big ABC correction finished I see this ABC correction already finished. Some reasons: - AB=CD pattern (orange) - Head and shoulders forming - Bearish divergence on RSI Best regards!!

by FullTimeTrader

Rising toward key resistance?USD/CHF is rising toward the resistance level, which is an overlap resistance that aligns with the 127.2% Fibonacci extension and could reverse from this level to our take profit. Entry: 0.8148 Why we like it: There is an overlap resistance level that aligns with the 127.2% Fibonacci extension. Stop loss: 0.8206 Why we like it: There is a pullback resistance level. Take profit: 0.8065 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.

USDCHF: Bullish Structure The USD/CHF currency pair maintains an upward trajectory and a bullish market structure on the daily timeframe following an impulsive breakout and retest of the 0.8037–0.8091 resistance zone. The technical picture fully confirms buyers' dominance: quotations are holding above the 20, 50, 100, and 200 Exponential Moving Averages (EMA), indicating a robust medium-term trend. The key fundamental driver for today's session is the release of U.S. July CPI inflation metrics, which could reshape the Federal Reserve's rate path and trigger a surge in volatility. A positive interest rate differential continues to provide medium-term support for the U.S. dollar, given the Swiss National Bank's (SNB) ultra-dovish monetary policy with its policy rate at 0% and regular verbal interventions against excess franc appreciation. Nevertheless, below-consensus inflation prints could spark a local technical pullback. The baseline trading scenario favors looking for long positions off the 0.8030–0.8090 dynamic and static support area, with a deeper structural invalidation level around 0.7913. A daily acceptance above 0.8159 will confirm bullish momentum, opening up medium-term upside targets at 0.8249 and subsequently toward the 0.8388 handle. A daily candle close below 0.8030 will signal a breakdown of the local bullish structure, prompting a shift toward a deeper corrective phase

by InvestWorld_777

USDCHF Is Overbought! HI,Traders ! #USDCHF is trading in a Strong uptrend and the pair Will soon hit a horizontal Resistance of 0.81294 So after the retest a Local bearish pullback Is to be expected ! Comment and subscribe to help us grow !

by kacim_elloitt

USDCHF Short there is a fair value gap that has just been filled. We join the market at the current rate

USD/CHF: Can SWISSY Break 0.8140 After U.S. CPI?🏦💰 USD/CHF "SWISSY" — FOREX BANK WEALTH STRATEGY MAP 💰🏦 ⚡ Bullish Breakout Heist Plan | Day Trade & Swing Trade Setup ⚡ 📅 Live Market Update: Wednesday, August 12, 2026 | London Time (BST) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Dear Ladies & Gentleman (Thief OG's) 🤝🎯 Welcome back to another vault-cracking operation! The Thief Trader is locked in, loaded up, and eyeing the Swissy vault door with serious intent. USD/CHF is sitting at a critical resistance threshold — and when that door swings open, we move FAST and we move SMART. Here's your full Heist Strategy Map for today's bullish play. Study it. Execute it. Protect your bag. 💼🔓 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 LIVE MARKET SNAPSHOT — August 12, 2026 (London BST) 🔵 USD/CHF (Swissy) ➤ ~0.8080–0.8122 (Intraday Range) 🟠 DXY (US Dollar Index) ➤ ~99.82–99.84 🔴 EUR/USD ➤ ~1.1539 🟡 GBP/USD ➤ ~1.3507 🟢 EUR/CHF ➤ ~0.9356–0.9367 ⚪ USD/JPY ➤ ~159.38 ⚠️ BREAKING — July US CPI data drops TODAY at 8:30 AM ET. This is a market-mover for USD pairs. Stay sharp, OG's. Do NOT trade blindly into the print. Confirm your entry AFTER the dust settles. 🔥 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🗺️ THE HEIST PLAN — Bullish Operation "Alpine Vault" 🏔️🔓 📌 ENTRY ZONE: Open Entry — You can enter the market at ANY price level AFTER confirmed resistance breakout above 0.81400 🚀 This is a breakout-entry play, OG's. No chasing before the breakout. Let the price prove itself first. Patience is a weapon. ⏳💥 🎯 PRIMARY TARGET (Day Traders): 🏁 0.82000 — First resistance cluster. Day traders, this is your quick bag zone. Lock in profits, protect your account. The police force starts showing up around here, so do NOT overstay your welcome. 💨💰 🎯 FINAL TARGET (Swing Traders): 🏆 0.82500 — THE VAULT. The big money zone. Heavy police force (resistance), overbought conditions, reversal traps, and institutional supply waiting right here. Swing traders — once we reach this area, ESCAPE with your profits. Do not be greedy. Secure the heist. 🚔🛑 🛡️ ESCAPE HATCH — STOP LOSS: 🔴 Thief SL: 0.80500 (approximately 900+ points below current structure) This SL is set to protect the crew from a failed breakout or sudden safe-haven CHF surge. Respect it. A good thief always knows the exit route before entering the vault. 🚪🔑 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ THIEF TRADER RISK DISCLAIMER: Dear Ladies & Gentleman (Thief OG's) — I am NOT recommending you set ONLY my TP or my SL targets. This is YOUR trade, YOUR money, and YOUR risk. You can take profits at any level and you can manage your own stop loss at your own discretion. Make money, then TAKE money — on YOUR terms, at YOUR own risk. Trade smart. Trade safe. 💡 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔗 CORRELATED PAIRS TO WATCH — CHF Universe 🌐 These pairs move in direct relationship with USD/CHF and give you extra confirmation signals. Watch these alongside your main trade. 👀📡 ————————————————— 📌 OANDA:EURCHF ➤ ~$0.9356–0.9367 🔄 NEGATIVE CORRELATION with USD/CHF When USD/CHF breaks up and CHF weakens, EUR/CHF tends to drift HIGHER as both USD and EUR gain ground against the Swissy. If EUR/CHF is pushing above 0.9380–0.9400, it's a GREEN LIGHT confirming CHF broad weakness — a tailwind for our bullish Swissy heist. Watch the 0.9379 key projection level on EUR/CHF closely today. ————————————————— 📌 OANDA:GBPCHF ➤ ~$1.1880–1.1920 (calculated from GBP/USD ~1.3507 × USD/CHF ~0.8080) 🔄 NEGATIVE CORRELATION with USD/CHF Cable strength (GBP/USD holding above 1.3500) combined with CHF weakness creates a bullish GBP/CHF environment. If GBP/CHF is breaking higher alongside USD/CHF, it's a powerful double-confirmation that the Swiss franc is under broad selling pressure across the board. Both pairs moving up together = strong CHF weakness signal. 💷📈 ————————————————— 📌 OANDA:AUDCHF ➤ ~$0.5700–0.5730 (derived from AUD/USD ~0.7060 × USD/CHF ~0.8080) 🔁 POSITIVE CORRELATION with USD/CHF (risk-driven) AUD/CHF is a risk barometer. When market risk appetite is ON — equities rising, safe-haven demand fading — AUD/CHF pushes higher AND the Swissy weakens simultaneously. Today's CPI outcome is key: a soft print boosts risk, a hot print supports the dollar. Either way, watch AUD/CHF direction as a real-time risk sentiment gauge for your USD/CHF trade. 🦘📊 ————————————————— 📌 OANDA:NZDCHF ➤ ~$0.4740–0.4760 (derived from NZD/USD ~0.5870 × USD/CHF ~0.8080) 🔁 POSITIVE CORRELATION with USD/CHF (risk sentiment) The Kiwi franc cross tells a similar story to AUD/CHF — it moves with global risk appetite. RBNZ holds at 2.40% while SNB sits at 0.00% — that rate differential structure naturally favors NZD strength vs CHF in a risk-on world. If NZD/CHF is trending up, it confirms the safe-haven CHF is being sold across multiple pairs, supporting our USD/CHF bullish outlook. 🥝🌊 ————————————————— 📌 OANDA:CADCHF ➤ ~$0.5840–0.5870 (derived from USD/CAD ~1.3800 area and USD/CHF ~0.8080) 🔁 POSITIVE CORRELATION with USD/CHF CAD/CHF tracks oil prices and risk sentiment. A firmer crude environment supports CAD, and when CHF is simultaneously weak, CAD/CHF climbs. If oil markets stabilize following Middle East tension easing signals, watch for CAD/CHF upward pressure — another brick in the bullish CHF-weakness wall. 🍁🛢️ ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📰 FUNDAMENTAL & ECONOMICS FACTORS — NEUTRAL MARKET REALITY REPORT 🌍 (What the market is actually saying — no bias toward any trade direction) ————————————————— 🇺🇸 US FEDERAL RESERVE — Rate: 3.50%–3.75% (Held as of July 2026) The Fed held rates unchanged for the fifth consecutive meeting in July 2026, but the decision was notably divided — three FOMC members dissented and voted FOR a 25bps hike. Fed Chair Kevin Warsh delivered conflicting signals at the post-meeting press conference. Markets are now pricing the September FOMC as a genuine toss-up: CME FedWatch data shows approximately 36%–51% probability of a 25bps rate HIKE at the September meeting, with the remainder favoring a hold. The key catalyst is today's US July CPI report (8:30 AM ET). June CPI came in at 3.5% YoY — still well above the Fed's 2% target. Core CPI consensus for July is 2.4%–2.5%. A hot print above 2.5% significantly boosts September hike odds and would likely strengthen the USD. A soft print keeps odds suppressed and could weaken the dollar. Cleveland Fed President Beth Hammack recently signaled that several rate increases may be needed. Governor Lisa Cook noted headline and core inflation are running approximately 1 percentage point above earlier expectations. Hawkish dissent is rising inside the FOMC. 📊 ————————————————— 🇨🇭 SWISS NATIONAL BANK (SNB) — Rate: 0.00% (Held as of June 18, 2026) The SNB kept its policy rate at 0.00% at both the March and June 2026 meetings, and is widely expected to hold at 0.00% at the upcoming September 18, 2026 assessment. Swiss inflation slowed to 0.5% in June and is projected to peak at just 0.8% for 2026 — comfortably within the SNB's 0%–2% target. The SNB forecasts average inflation at 0.6% for 2026 and 2027, and 0.7% for 2028. Most economists project the first SNB rate hike no earlier than early 2028, though currency markets have priced in a potential increase as early as March 2027. Importantly, the SNB retains and has signaled willingness to use its FX intervention powers to prevent excessive CHF appreciation that could threaten price stability — this is an ever-present downside risk for USD/CHF longs if geopolitical safe-haven flows surge. The Trump administration has imposed new tariffs on Swiss imports, though these remain within the previously announced 12.5% ceiling — a moderate headwind for the Swiss economy. 🏦 ————————————————— 🌍 GEOPOLITICAL & MACRO RISK FACTORS 🔸 US–Iran / Middle East Tensions: Ongoing conflict and diplomatic efforts around the Strait of Hormuz are generating elevated safe-haven demand cycles. Periods of escalation boost CHF (bearish for USD/CHF). Periods of easing and diplomatic progress reduce safe-haven flows, supporting risk appetite and potentially weakening CHF. Pakistan's defense minister recently stated the US and Iran are "close to some sort of arrangement" — cautiously positive for risk appetite. Uncertainty remains HIGH. 🔸 US–Japan Currency Intervention: The US Treasury has completed a joint currency intervention with Tokyo targeting JPY weakness. This signals active FX policy management in global markets — a broader macro signal that central bank intervention risk is elevated across multiple pairs including CHF. 🔸 Oil Prices: Strait of Hormuz disruption concerns have been a primary energy inflation driver. Any resolution of the US–Iran situation could sharply reduce oil prices — positive for risk appetite, negative for safe-haven CHF, supportive of USD/CHF upside. 🔸 US Tariffs on Swiss Imports: 12.5% tariff ceiling applied — creates modest negative pressure on Swiss export competitiveness and economic growth outlook, a mild headwind for CHF. 🔸 SNB FX Intervention Risk: The SNB has explicitly signaled readiness to intervene in currency markets to prevent excessive CHF appreciation. If CHF weakens sharply and fast, intervention risk diminishes. If USD/CHF breaks higher aggressively, be aware that SNB verbal or actual intervention can create sudden CHF reversals. 🔸 Swiss Investor Sentiment: Swiss investor sentiment returned to positive territory for the first time in months in July 2026 — a moderate improvement in domestic economic confidence, though still cautious amid global uncertainty. 🔸 52-Week Range for USD/CHF: 0.7604 (low) to 0.8208 (high). Current price is trading in the upper quarter of the yearly range. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ KEY RISK FACTORS FOR THIS TRADE 🚨 🔴 July US CPI print today — hot data could be USD bullish or trigger volatility whipsaws 🔴 SNB verbal intervention risk if CHF depreciates too fast or too far 🔴 Middle East geopolitical escalation — sudden CHF safe-haven surge possible at any moment 🔴 Fed September hike probability is a moving target — watch FOMC speaker commentary daily 🔴 USD/CHF 52-week high is at 0.8208 — this is a major technical ceiling before your final target 🔴 Weak US jobs report (payrolls shed 23,000 in latest release) — creates contradictory signals with hawkish Fed members 🔴 US–Iran deal progress could crater oil, boost risk, weaken CHF rapidly — but failure reverses this instantly ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💎 THIEF TRADER WISDOM — Motivation & Street Knowledge 💎 🗣️ "The most dangerous thief in any market is impatience. The vaults don't open on your schedule — they open when the conditions are RIGHT. Wait for the breakout. Confirm the signal. Then move with conviction." — Thief Trader 🎯 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💬 DROP A COMMENT below — share your own analysis, ask questions, or just let the crew know you're in position. We build this community TOGETHER. Remember OG's — we don't just trade markets. We OWN them. 💼🔥

Heading toward 61.8% Fib resistance?Swissie (USD/CHF) is rising towards the pivot, which acts as an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse toward the 1st support. Pivot: 0.8147 1st Support: 0.8047 1st Resistance: 0.8203 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.

USDCHF USDCHF - Support Level - Bullish Channel as an corrective pattern in Lower Time Frame - Fibonacci Level - 61.80% - Inducement - RSI - Divergence

by ForexDetective

USDCHF Strong bull market is leading USDCHF is currently bullish, and the uptrend may continue further. The first scenario is a rise toward the 0.8170 target, as shown on the chart. If price falls to 0.8070, that zone offers a low-risk opportunity to open a long position. A pending buy order has been placed there accordingly. Learn this: In a bullish market, traders often look for two types of entries: breakout entries near resistance and pullback entries near support. Each has its own risk profile. A breakout entry captures momentum, while a pullback entry offers a better price and a tighter stop-loss. The first scenario is a continuation of the current move toward 0.8170, which is marked as a key resistance target on the chart. If price continues to climb without pulling back, that is where we expect the first test of selling pressure. The second scenario is a pullback to the 0.8070 support zone. This area represents a strong technical level where buyers have previously stepped in. It also offers a much better risk-to-reward setup because the entry is at a discount and the stop-loss can be placed just below the support zone. To prepare for this second scenario, a pending buy order has been placed at 0.8070. If price reaches that level, the order will activate, and we will enter a long position with a clear stop-loss and a target near the 0.8170 resistance. Learn this: Setting pending orders at key support zones before price reaches them is a disciplined way to trade. It removes emotional decision-making and ensures you are ready to act when the market gives you a favorable entry.

MarketBreakdown | USDCHF, EURGBP, EURCAD, EURNZD Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #USDCHF daily time frame 🇺🇸🇨🇦 I see an ongoing bullish accumulation within the ascending triangle pattern. A bullish breakout of its horizontal neckline and a daily candle close above that will provide a strong signal to buy. 2️⃣ #EURGBP daily time frame 🇬🇧🇪🇺 The support cluster that we discussed earlier this week still holds. After a massive liquidity sweep, the structure still holds. I expect a pullback from that. 3️⃣ #EURCAD daily time frame 🇪🇺🇨🇦 We see a confirmed violation of a solid rising trend line and an important horizontal key support level. We can expect a bearish continuation after a pullback. 4️⃣ #EURNZD daily time frame 🇪🇺🇳🇿 We see a strong bullish continuation this week. The price is heading toward a significant historical supply zone. I will look for selling opportunities from that. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️

by VasilyTrader