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  • Forex Analyst

USDCHF Elliott Wave Charts

Usd/Chf 30 Min Chart

Friday, 20 November 2020


Usd/Chf 4 Hour Chart

Wednesday, 25 November 2020 at 0 7:18 GMT

No change.

USDCHF turned higher after a spike beneath 0.9 psychological level, which still suggests a corrective wave 4) to be underway. We are tracking two possible scenarios: first one is a triangle within a wave 4), where legs D and E are still missing, and the other one is a flat pattern, where we can expect a new sharp leg C towards the 0.93 zone, before a reversal lower.


Usd/Chf Daily Chart Nov 22 2020

USDCHF is trading in a bearish, A-B-C move, where wave C should be made by five sub-waves, so more weakness is expected after a corrective wave 4).

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