Please, check our technical outlook for EURCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.963 level. P.S The term oversold refers to a condition where an asset has...
Hello,Traders! EUR-CHF is falling down And the pair is locally Oversold so after the Pair hits the the support Of 0.956 we will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
4H Bullish impulse: indication . Pattern within pattern: confirmation. Inverse head & shoulders, Bullish fake out flag. Clear support & resistance zone is there. Corrective approach towards entry zone. -68 Fib completion aligning with entry zone . = Buy limit set. 1% risk.
EURCHF looks very bearish after a breakout of a neckline of a descending triangle on a daily. I think that the pair will drop lower. Next support - 0.959 ❤️Please, support my work with like, thank you!❤️
Please, check our technical outlook for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.965 level. P.S Overbought describes a period of time where there has been...
Hello Traders, In today's trading session, we're closely monitoring EUR/CHF for a potential selling opportunity around the 0.96500 zone. The pair had been in an uptrend but recently broke out of it and is now in a correction phase. It is approaching the 0.96500 area, which serves as both a support and resistance level. Adding to the EUR's challenges, the recent...
A scalp long position on EUR/CHF aims to capitalize on short-term price movements. Favorable factors include potential Euro strength identifying short-term support levels and bullish candlestick patterns can guide entry points.
Hello,Friends! We are now examining the EUR/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.978 level. ✅LIKE AND COMMENT MY IDEAS✅
✅EUR_CHF is consolidating Below the broken key level Of 0.9729 which is now a resistance So we are bearish biased and We will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to multiple Supply zones - Price action is close to multiple Resistance Trendlines as well - Targeting the 50% Fibo retracement for this trade ...
Hello,Traders! EUR-CHF broke the support Cluster of the rising and Horizontal support lines Around 0.9727 and the Breakout is confirmed So as the pair is going Down we will be expecting A further fall down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! EUR-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.979 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURCHF. ❤️ Please, support our work with like & comment! ❤️
The Swiss National Bank's departing Chairman, Thomas Jordan, believes that a weaker Swiss franc could affect inflation. His remarks led to the franc gaining strength and the EUR/CHF exchange rate dropping. The SNB was the first major central bank to cut interest rates in March, causing the franc to depreciate. However, this depreciation halted in May with the...
Hello,Friends! EUR/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.986 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely....
✅EUR_CHF made a retest Of the broken support level Of 0.9842 which is now a Resistance so we are bearish Biased and we will be Expecting a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURCHF - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURCHF Entry - 0.9798 Stop - 0.9756 Take - 0.9859 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 62% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea