pepy Posted July 9, 2016 Share Posted July 9, 2016 Bearish engulfing pattern formed on USDCHF on H1 chart, at this rate the price may break middle band through and closed precisely above the middle band and Stochastic rise to around 62 while RSI(14) rise to around 58. MACD on the other hand forms higher high indicating the price is under bullish pressure. It seems the trend will head towards around 0.98054 but if able to break it once considering the condition it may rise up to today's resistance at 0.99001. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 15, 2016 Share Posted July 15, 2016 Stochastic(5,3,3) seems fall to level around 24. RSI(14) fall to around area 36. Macd (12,26,9) without much resistance forms lowers low. Hanging man also found to be formed on pivot area at 0.98076 which become resistance now. So, on H1 chart of USDCHF i think the bias is bearish with nearest support located at 0.97632 if can break it then it may fall further. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 22, 2016 Share Posted July 22, 2016 On 1 hour time frame, USDCHF still sideways it seems that buyer and seller sentiment is still strong on both side, moreover it is estimated this movement will persist in the next few days. Anyway, RSI (14) rise to level 52 while Stochastic (5,3,3) fall to around level 8 which is oversold enough. But overall the bullish trend can still be seen and there will likely be back after the sideways ends. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 26, 2016 Share Posted July 26, 2016 On 1 hour time frame, usdchf still facing sideways and don't show any sing for break so it is better to be wait for EU session or NY session, not to mention RSI(14) just rise a bit to level 45 only few trial done so far like but still failed to break it. Since those trial is bullish it seems there is chance for limited bullish trend after sideways in EU session. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 2, 2016 Share Posted August 2, 2016 USDCHF on 1 hour time frame seems under bearish pressure thus pulling the price down to level 0.96698. Parabolic SAR gives indication that the market will turn down and rise to the higher level. Other indicator such as MACD and SuperTrend also give the same indication only RSI which different by fall 10 points so far. For now i think the price will fall but later will back and climb up to 0.96830 Quote Link to comment Share on other sites More sharing options...
pepy Posted August 11, 2016 Share Posted August 11, 2016 Technically on H1 chart, the condition of the price is moving below daily pivot not to mention EMA20 also is clearly above the price. RSI (14) supported the current sentiment with the line initiated to fall to level 24, while Stochastic (5,3,3) is clearly fall to level 18 which already in oversold, for now i think the price might have limited bearish trend and corrected to the higher level. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 15, 2016 Share Posted August 15, 2016 On H4 chart it seems USDCHF is moving sideways up to now , but today it has a bit difference with the price is trying to rise and break plus closed above MA100. Stochastic and RSI seems mixed, with Stoch is rising while RSI is falling, so it means the trend is not under one trend and have bigger chance to make its sideways movement back. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 17, 2016 Share Posted August 17, 2016 Bullish engulfing candlestick pattern formed in USDCHF's 1 hour time frame chart and the price also able to closed above EMA(20). Not to mention RSI seems supported this with rise to around level 53, Stochastic also rise to level 31 and MACD formed higher high position. The bias is bullish with the price may able to meet resistance position at 0.96508. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 18, 2016 Share Posted August 18, 2016 Condition current price of USDCHF is below daily pivot point line, and below the moving average line (20). Other than that the price of this pair is just formed bearish engulfing pattern. Signal from RSI (14) observed to fall up to level 44. While Stochastic(5,3,3) down to level 44. Predictions for the moment, the pair above bearish and may reach the highest point at 0.95203. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 19, 2016 Share Posted August 19, 2016 Inverted hammer spotted on H1 chart of USDCHF but it is not strong enough considering the price is moving above higher band even RSI(14) rise to around level 57. Stochastic (5,3,3) which also rise to around level 80, but it is overbought enough and may fall sooner or later, MACD(12,26,9) on the other hand formed lower high which means there is chance for strike back. Bias is bullish but maybe later fall. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 22, 2016 Share Posted August 22, 2016 Based on 1 hour time frame the price of USDCHF succesfully break EMA20 and the middle band thus the sentiment is bullish for now. Stochastic (5,3,3) observed rise to around level 35 and RSI(14) observed rise to level 56. Stochastic also forms bullish crossover. MACD forms lower high. Bias for this pair is bullish so i will vote for BUY. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 23, 2016 Share Posted August 23, 2016 On h1 timeframe chart, the price is moving near overbought area according to Stoch, as stoch also has bearish crossover. RSI also fall to level 52, but this bearish may not strong however the bearish engulfing pattern overall may push the price down to at least level 0.95847. Â Quote Link to comment Share on other sites More sharing options...
pepy Posted August 25, 2016 Share Posted August 25, 2016 Hammer candle with 3 black crows on 30 minutes chart, the price is also testing EMA20 and seems will break middle band down. MACD formed lower high and RSI 14 falls to around level 53 and not to mention Stochastic which formed bearish crossover, waiting to fall deeper now it is at level 35. The bias is bearish and the price may fall deeper. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 29, 2016 Share Posted August 29, 2016 USDCHF on H1 chart saw 3 white soldiers formation followed by the breakout of EMA20 and middle band. RSI(14) rose to around level 71, while Stochatic (5, 3, 3) rose to level 51, MACD formed higher highs. Bias is bullish and target at 0.97964 which is 1st resistance today. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 30, 2016 Share Posted August 30, 2016 USDCHF technically on 1 hour time frame under bullish pressure, after the rejection by EMA20 and the breakout of R1 and closed above. RSI(14) fell to 67, while Stochastic (5,3,3) fell to around level 92. Â MACD formed higher high and the prediction for now is bullish for the pair, and the price itself may rise to 0.98108. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 31, 2016 Share Posted August 31, 2016 The price of USDCHF on H1 chart now is moving above pivot but the pressure of seller is big enough. with big black candle formed and the break at EMA20. RSI 14 observed fall to level 57, while Stochastic fell to 16. MACD formed lower high. Bias is bearish, and may fall to 0.98192 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 1, 2016 Share Posted September 1, 2016 On 1 hour time frame, usdchf pair seems able to break the first and second resistance level, also with big white body candle formed the pressure is getting bigger. It seems that RSI and Stochastic both rise to higher level, while MACD(12,26,9) just formed lower high. I can the prediction is bullish, and the target could be at 0.98753. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 2, 2016 Share Posted September 2, 2016 EMA20 observed to reject the price who seeks to closed below and because of that there will be reversal. MACD in this chart formed higher low while RSI and Stochastic both seems rise to around level 41 and 70 respectively. At the current condition, it seems that USDCHF on H1 chart will rise up to 0.98302 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 9, 2016 Share Posted September 9, 2016 H1 chart saw that hammer formed and after that USDCHF followed by white/bullish candle. RSI is bullish with rise to level 66, Stochastic is bullish too with rise to level 80. On the other hand MACD (12,26,9) formed lower high. The conclusion for this pair is bullish with the target at most is at 0.97562 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 12, 2016 Share Posted September 12, 2016 Technical analysis for USDCHF on 4 hour chart is bullish, first the price is moving above daily pivot and also big white candle and rejection of EMA20 bring much effect. Parabolic SAR indicator (0.02,0.2) indicates a buy signal. RSI(14) fall to level 54. Stochastic fall down to level 51. This pair is predicted to be bullish with target at 0.98002 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 13, 2016 Share Posted September 13, 2016 USDCHF analysis based on 1 hour time frame chart indicated this pair is under bearish trend. With hanging man foremd this pair seems find its reversal to lower level. Other indicators seems agree with this. First, Parabolic SAR with its bearish signal. Second, RSI(14) and Stochastic(5,3,3) which both fell to level 35 and 67 respectively. So by this we can say this pair is under bearish trend so i wil vote for SELL. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 15, 2016 Share Posted September 15, 2016 This pair is somehow sideways but considering the breakout of middle band before i think this pair right now is under bearish sentiment. On h1 chart RSI(14) is falling to around level 47, Stochastic also fell to level 30. MACD here in red zone formed lower low, while PSAR is moving above the price means bearish signal. Based on that i come to conclusion that USDCHF is bearish. Target is at 0.97002 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 16, 2016 Share Posted September 16, 2016 Even though USDCHF formed doji but the rejection which comes few hours after that become a great cause for bearish sentiment. RSI(14) spotted fell down to level 47 and means bearish. MACD(12,26,9) on the red zone with lower low. While Parabolic SAR is above the current price which means it is bullish signal. Based on that the conclusion for this pair is bearish and it may targetting the price at 0.96952. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 19, 2016 Share Posted September 19, 2016 On H4 chart there is nothing much change only hammer formed and spotted on this chart and also wedge pattern seems formed here. It observed that RSI could rise up to level 65 and Stochatic which the same rise to level 44. MACD on the chart is at green zone while Parabolic SAR is starting to move under the price. At this rate this pair may rise further and the prediction for USDCHF is bullish. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 20, 2016 Share Posted September 20, 2016 Technical analytical view on 30 minutes chart of USDCHF pair seems have tendency to be bullish. Hammer formed on the chart gives indication for that and not just that it seems other indicators are agree. RSI and Stochastic both rose to higher level and don't show any sign of overbought. While EMA100 which has been broken few days before still below of the price and Parabolic SAR which still below of the price, and last but not least is MACD lower high on the green zone. Quote Link to comment Share on other sites More sharing options...
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