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22. Mai
2018

Daily analysis of major pairs for May 22, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex , Basics

 

Daily analysis of USD/CHF for May 22, 2018

 

 

USD/CHF

A short-term bearish signal has been generated on the USD/CHF. The recent 2-week consolidation has threatened the last bullish bias, and price has started going downwards, thus bringing about a “sell” signal. Price is expected to go further and further southwards, reaching the demand levels at 0.9950 and 0.9900.

 

There is a Bearish Confirmation Pattern in the 4-hour chart, and that has brought about a short-term bearish signal. Further bearish movement can eventually invalidate the long-term bullishness in the market.   

 

21. Mai
2018

Daily analysis of major pairs for May 21, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex

Daily analysis of USD/CHF for May 21, 2018

 

 

USD/CHF

The USD/CHF is bullish in the long-term, but neutral in the short-term. Price has been consolidating in the past two weeks; whereas that is not strong enough to render the recent bullish bias useless. There is going to be a breakout at last, but the movement to the upside will no longer be a serious thing.

 

While USDCHF is supposed to go upwards, there would be a challenge to the upwards move, because CHF is expected to gain serious stamina this week (major currencies will drop versus it). This means that the coming strength in CHF may hinder USDCHF from getting seriously pushed further northwards. 

 

18. Mai
2018

Daily analysis of major pairs for May 18, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex

Daily analysis of USD/CHF for May 18, 2018

 

 

USD/CHF

 

The situation on the market remains unchanged. The USD/CHF has been consolidation for about 2 weeks – in the context of an uptrend. A movement to the upside would strengthen the bullish bias, while a movement to the downside will render it invalid.

 

A rise in volatility is expected today or next week. There is a Bullish Confirmation Pattern in the 4-hour chart. Price may rise again, possibly reaching the resistance level at 1.0050 and breaching it to the upside.  On the other hand, further ranging movement could result in a neutral outlook on the market.

 

17. Mai
2018

Daily analysis of major pairs for May 17, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex

Daily analysis of USD/CHF for May 17, 2018

 

USD/CHF

 

The USD/CHF has been consolidation for about 2 weeks – in the context of an uptrend. A movement to the upside would strengthen the bullish bias, while a movement to the downside will render it invalid. Further consolidation will enforce a neutral bias on the market. The remaining part of the week will determine what will happen.

 

A rise in volatility is expected today or tomorrow. There is a Bullish Confirmation Pattern in the 4-hour chart. Price may rise again, possibly reaching the resistance level at 1.0050 and breaching it to the upside. 

 

16. Mai
2018

Daily analysis of major pairs for May 16, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex

Daily analysis of USD/CHF for May 16, 2018

 

 

USD/CHF

 

This currency trading instrument has not done much this week, and price itself has nearly gone below the support level at 1.0000, which is an important level. Once the first target at 1.0050 is breached, another resistance level at 1.0100 would be aimed at; and this is something that requires a rise in volatility.

 

A rise in volatility is expected today or tomorrow. There is a Bullish Confirmation Pattern in the 4-hour chart. Price would rise again, possibly reaching the resistance level at 1.0050 and breaching it to the upside. 

 

14. Mai
2018

Daily analysis of major pairs for May 14, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex , Basics

Daily analysis of USD/CHF for May 14, 2018

 

 

USD/CHF

In the context of an uptrend the USD/CHF went sideways last week, ranging between the resistance level at 1.0000 (previously a support level) and the resistance level at 1.0050. Eventually, price closed below the resistance level at 1.0000 on Friday, and it may even test the support levels at 0.9950 and 0.9900.

 

There is a Bullish Confirmation Pattern in the 4-hour chart, which shows the possibility of further upwards movement. However, price would rise again, possibly reaching the resistance level at 1.0000 and breaching it to the upside. 

 

11. Mai
2018

Some Timely Trading Jokes

Geschrieben von: mustaphaazezz

Getagged in: Forex

A little bit of humor to get your Friday off to a chuckle:

 

Chart - what you check after you exit trading, trying to understand what went wrong.

 

Day Trading - trading which you start too late or exit too early.

 

Margin - (if you are up) a safe situation with huge potential return (if you are down) an evil trick by Unseen Forces that can cause you losing more money than you have.

 

Margin Call - what happens when your broker makes an accounting mistake.

 

Moving Average - a curly line that has nothing to do with price movement if you have an open position.

 

11. Mai
2018

Daily analysis of major pairs for May 11, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex

Daily analysis of USD/CHF for May 11, 2018

 

 

USD/CHF

This is a ranging market as the instrument ranges between the support level at 1.0000 (a great psychological level) and the resistance level at 1.0050. The consolidation has been going on for a few days but there would soon be a breakout in the market, which would most probably favor bulls.

 

The situation of the market has largely remained unchanged this week. The EMA 11 is above the EMA 56, and the Williams’ % Range period 20 is in the overbought region. There is a Bullish Confirmation Pattern in the market.  

 

10. Mai
2018

Daily analysis of major pairs for May 10, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex , Basics

Daily analysis of USD/CHF for May 10, 2018

 

 

USD/CHF

The situation on the market remains unchanged. The USD/CHF has been consolidating between the support level at 1.0000 (a great psychological level) and the resistance level at 1.0050. The consolidation has been going on for a few days but there would soon be a breakout in the market, which would most probably favor bulls. The outlook on the market continues to be bright.

 

The EMA 11 is above the EMA 56, and the Williams’ % Range period 20 is in the overbought region. There is a Bullish Confirmation Pattern in the market, which makes short trades illogical at the moment.

 

09. Mai
2018

Daily analysis of major pairs for May 9, 2018

Geschrieben von: mustaphaazezz

Getagged in: Forex

Daily analysis of USD/CHF for May 9, 2018

 

 

USD/CHF

The USD/CHF has been consolidating between the support level at 1.0000 (a great psychological level) and the resistance level at 1.0050. The consolidation has been going on for a few days but there would soon be a breakout in the market, which would most probably favor bulls. The outlook on the market continues to be bright.

 

There is a Bullish Confirmation Pattern in the market, which makes short trades illogical at the moment. The EMA 11 is above the EMA 56, and the Williams’ % Range period 20 is in the overbought region. The conditions in the market are currently favorable to buyers.