USDCHF - Bullish Bias
USD - BULLISH
1️⃣ Investors continue to bet on a strong economic recovery amid further fiscal stimulus and coronavirus vaccination.
2️⃣ US President Biden announced a $2.25 trillion package, the second major stimulus plan after the $1.9 trillion bill.
3️⃣ US ISM manufacturing PMI is set to rise as US stimulus package could boost the activity.
CHF - BEARISH
1️⃣ Expectations of a huge US economic rebound and high Treasury yields while the outlook in Europe remains more vulnerable due to rising Covid-19 cases.
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Technical
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We are looking to buy the USDCHF at support + above SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Investors continue to bet on a strong economic recovery amid further fiscal stimulus and coronavirus vaccination.
2️⃣ US President Biden announced a $2.25 trillion package, the second major stimulus plan after the $1.9 trillion bill.
3️⃣ US ISM manufacturing PMI is set to rise as US stimulus package could boost the activity.
CHF - BEARISH
1️⃣ Expectations of a huge US economic rebound and high Treasury yields while the outlook in Europe remains more vulnerable due to rising Covid-19 cases.
=====
Technical
=====
We are looking to buy the USDCHF at support + above SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Trade aktif
PENDING ORDER TRIGGEREDTrading ditutup: stop tercapai
❌ TRADE HAS HIT STOP LOSS-30 PIPS
CHF soared despite the risk-on tone, while the US dollar has been dumped in the US session.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.