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USDCHF closed at entry price and trying to consolidate at strong support area

USDCHF Analysis

USDCHF at the strong support area in the monthly timeframe chart

In the 4-hour timeframe, USDCHF is rebounding from the lower low are of the descending channel

The USDCHF pair has been trading within the entry price range for an extended period, resulting in a prolonged ranging movement. This market has been oscillating between the entry price levels for over 24 hours.

In accordance with our signal-following guidelines, we have closed the USDCHF signal at the entry price level due to the lack of significant price movement and the 24-hour Trade Protection rule.

For those new to our service, please take note that the USDCHF signal has been closed at the entry price level as a result of limited market activity within the specified time. Continue to adhere to our signal guide provided with each signal message at forexfib.com/guide/

We appreciate your patience and encourage you to await the next promising trading opportunity. Our primary goal is to ensure your safe trading experience in all market conditions.


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-625 Points in USDCHF

USDCHF Analysis

USDCHF has reached the horizontal resistance area where the old support acts as a new resistance in the daily timeframe chart

USDCHF Update

USDCHF

USDCHF is attempting to breach the horizontal resistance area, which could result in hitting the stop-loss price. Nonetheless, there’s still potential for USDCHF to decline from this resistance zone.

The lack of technical movements is influenced by U.S. Core Durable Goods Orders news.

Exercise patience and await a promising signal for the next trading opportunity.

Your safety in trading is our top priority, no matter the market conditions.


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+500 Points in USDCHF

USDCHF Analysis:

USDCHF at the major support area in the higher timeframe monthly chart – USDCHF is moving between this support and resistance areas around 10 years

USDCHF

After the confirmation of the Upward movement, USDCHF Buy signal was given.

USDCHF buy signal reached the take profit target successfully.


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+500 Points in USDCHF

USDCHF Analysis:

USDCHF is moving in a downtrend, Recently USDCHF breakout and retest the horizontal support area in the 4-hour timeframe chart

USDCHF July'10 Reached T1

After the confirmation of the Downward movement, USDCHF Sell signal was given.

USDCHF SellΒ signal reached the take profit target successfully.


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