@JustinBennettfx

YouTube

Avg. Quality

80

Success Rate

25.81

Analysis

31
Correct
8
Fail
14
Pending
8
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
USDCHF
Entry 0.7949 2025-07-25 20:13 UTC
Target 0.7872
Fail 0.7980 In 2 Days
Risk / Reward 1 : 3
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Final PnL
-0.39%
P/L:
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USDCHF
Fail
Forex
Technical
1H
Analysis Predict Bear Market
Body
The analysis begins with the DXY, noting a 2011 channel and June's close below this channel. The analysis anticipates a potential rally toward 97.7, before the weekly close and examines the weekly time frame which is right at 97.7.The EURUSD price is examined, which shows range-bound price action since late June, with a consideration for tighter trading parameters. A short position with decent profit in the USDCHF pair is mentioned.The trend line analysis suggests caution due to the potential for a topping pattern, which is bearish. Gold, currently testing its trendline and trading at around 3,339, is poised for potential support retests. The forecast highlights indecisive markets approaching Fed rate decisions and monthly closes, with trading strategies adjusted to accommodate lower pip targets. Potential support for the USDCHF is identified at 0.7917.
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