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USDChf looks like a interesting buy

AdamFx42 Posted 24 June  in #Trader's blog #Usdchf #Buy Setup
Support trendline forming for UsdChf
I have found an interesting buy setup in UsdChf
I have been watching trendline up (see image) and recent touch of trendline held
The pair neared trendline for a second try, and bounced
If trendline holds we should see UsdChf make a turn upwards towards previous highs
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USDChf moving back up above trendline

AdamFx42 Posted 31 July as Analysis on USD/CHF, Target: 0.9793, Date: 1st of September, 12:00 GMT  in #Technical analysis #Trendline #USD/CHF #Usdchf #Fibonacci Expansion
UsdChf should recover from its lows soon - lower trendline support looms
On the weekly chart we see a couple of levels that are important:
On the topside we see 1.03 as a resistance level
While on the downside we can see a rising trendline - the pair looks to test it
Price is moving down towards this level
On the daily chart we may investigate suspected moves:
Trendline support seems to be located above 0.96 area
If we take fibonacci expansion from the last move up and project it to this level
w…
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AdamFx42 5 Aug.

Pair is back up around 0.98 - exactly on target - so price action as predicted, trendline is holding

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AdamFx42 15 Aug.

Trendline is at  0.96+ support - pair has retreated a bit from highs and is above 0.97 now  I expect rising trendline support to lead the pair higher again

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AdamFx42 21 Aug.

support at 0.96 in doubt now

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AdamFx42 29 Aug.

Support at 0.96 holds and pair moves up sharply because of recent UsdJpy strength above 100,
UsdChf now just around target area 0.98

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AdamFx42 31 Aug.

More UsdJpy strength has helped this pair above 0.98 now - about 30 pips above target - some weakness at the end of the day may bring it down a bit

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Trading plan for the coming week

AdamFx42 Posted 8 May  in #Trader's blog #Usdjpy #Usdcad #Usdchf #USD Long
I am planning to buy Usd the coming week
To me, a UsdJpy long is a no-brainer (see my post yesterday)
UsdChf and UsdCad look strong too
I will wait to see how the market reacts at open and then chose the levels to go long
Based on my technical analysis UsdJpy is supported above 106.50
and should brake 61.8% Fibonacci expansion level (after already testing it once) this time
Next target will be 100% Fibonacci expansion level around 108
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Having a tough time going USD long

AdamFx42 Posted 5 Apr.  in #Trader's blog #Usdcad #Usdchf #Usdjpy Long
I opened three long positions Usd yesterday
I went long UsdJpy, UsdCad, and UsdChf yesterday and have been struggling
all day with all three positions
The biggest problem is UsdJpy weakness:
I was hoping for a bounce off 1.11, but it not happening (yet)
It seems that the pair is too weak to muster a move up
and will probably retest previous yearly lows around 1.1060
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