USDCHF H1: Wave Analysis for the American Session on 29.10.2025

The USDCHF chart shows signals for the end of the upward movement phase.
The current dynamics of the movement indicate the formation of a triple three. At the moment, the wave [xx] has been formed. After its formation the development of a downward wave [z] is expected.
Lower-degree waves indicate the formation of a downward ABC zigzag. The wave (c) must have already been completed, so the formation of a new wave structure can be expected.
Thus, an upward movement continues to form on the USDCHF chart, but this impulse is at the final stage of formation so the price may resume a downward movement.
In this case, the emphasis is on short positions that can be considered at current levels.

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