empty
31.10.2023 10:54 AM
USD/CHF: upside seems over

This image is no longer relevant

USD/CHF Reversal!

The USD/CHF pair increased within an up channel. As you can see on the h1 chart, the rate dropped below the uptrend line signaling that the upwards movement ended. Its failure to reach and retest the channel's upside line announced exhausted buyers.

Now, it stands right above the former low of 0.9014 which represents a key downside obstacle.

USD/CHF Trading Conclusion!

Dropping and stabilizing below 0.9014 may announce a larger drop. This could be seen as a selling opportunity.

Ralph Shedler,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

USD/JPY: simple trading tips for beginner traders on September 18th (U.S. session)

Trade review and advice for trading the yen The price test at 147.18 in the first half of the day occurred when the MACD indicator had just started moving downward

Jakub Novak 13:24 2025-09-18 UTC+2

GBP/USD: simple trading tips for beginner traders on September 18th (U.S. session)

Trade review and advice for trading the pound The price test at 1.3611 occurred when the MACD indicator had just begun moving upward from the zero mark, confirming the correct

Jakub Novak 13:22 2025-09-18 UTC+2

EUR/USD: simple trading tips for beginner traders on September 18th (U.S. session)

Trade review and advice for trading the euro The price test at 1.1805 occurred when the MACD indicator had just begun moving upward from the zero mark, confirming the correct

Jakub Novak 13:19 2025-09-18 UTC+2

Level and Target Adjustments for the U.S. Session – September 18th

The pound and the euro worked perfectly today through the Mean Reversion strategy. I tried trading the yen using Momentum, but the outcome was not great. Today's calm

Miroslaw Bawulski 12:45 2025-09-18 UTC+2

Intraday Strategies for Beginner Traders on September 18

The U.S. dollar initially lost ground against risk assets but quickly regained its position after Fed Chair Jerome Powell's speech. Yesterday, the Federal Reserve cut interest rates by a quarter

Miroslaw Bawulski 08:34 2025-09-18 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on September 18. Analysis of Yesterday's Forex Trades

The test of 146.17 occurred when the MACD indicator had just started moving downward from the zero line, confirming the correct entry point for selling the dollar. As a result

Jakub Novak 08:32 2025-09-18 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on September 18. Analysis of Yesterday's Forex Trades

The test of 1.3660 occurred when the MACD indicator had already moved far above the zero line, which limited the pair's upside potential. For this reason

Jakub Novak 08:32 2025-09-18 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on September 18. Analysis of Yesterday's Forex Trades

The test of 1.1864 coincided with the MACD indicator just beginning to move upward from the zero line, which confirmed the correct entry point for buying the euro in line

Jakub Novak 08:32 2025-09-18 UTC+2

Level and Target Adjustments for the U.S. Session – September 17th

Today, the pound and the Australian dollar were traded using the Mean Reversion strategy. I tried to trade the yen through Momentum, but the result was mediocre. The released data

Miroslaw Bawulski 13:15 2025-09-17 UTC+2

USD/JPY: simple trading tips for beginner traders on September 17th (U.S. session)

Trade review and tips for trading the Japanese yen The price test of 146.62 in the first half of the day occurred when the MACD indicator had already moved

Jakub Novak 13:13 2025-09-17 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.