USDCHF
Education
Fundamentals
-I can see price being pushed lower due to Brexit uncertainty, trade wars and China's economic slowdown
-JPY and CHF are used as safe haven currencies, and usually increase in strength in risk-off environments (when there is uncertainty in the market)
-It's important not to chase price; let price do it's thing and only pick the best set-ups
-Remember, sentiment is short-term, fundamentals are long-term
Technicals
-We can see 3 areas of confluence on the chart; demand zone , diagonal s/r and horizontal s/r
-The more areas of confluence, the more types of traders awaiting at these price levels; this can increase the probability of a trade successfully working out massively - why is there likely to be more supply/demand orders at this price level?
Fundamentals
-I can see price being pushed lower due to Brexit uncertainty, trade wars and China's economic slowdown
-JPY and CHF are used as safe haven currencies, and usually increase in strength in risk-off environments (when there is uncertainty in the market)
-It's important not to chase price; let price do it's thing and only pick the best set-ups
-Remember, sentiment is short-term, fundamentals are long-term
Technicals
-We can see 3 areas of confluence on the chart; demand zone , diagonal s/r and horizontal s/r
-The more areas of confluence, the more types of traders awaiting at these price levels; this can increase the probability of a trade successfully working out massively - why is there likely to be more supply/demand orders at this price level?
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.