After a strong bearish impulse, EURCHF was consolidating for 2 weeks within a narrow range on a daily. Yesterday's CPI report triggered a bullish reaction on the pair. It managed to violate the upper boundary of the range. I think that the market may start a correctional movement now. Closest resistance - 0.94 ❤️Please, support my work with like, thank you!❤️
Hello,Friends! EUR/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.942...
Preferred direction: SELL Comment: As we said earlier, most likely 2024 will begin with a strengthening of the US dollar . For this currency pair, we also now fully adhere to sell-priority. During this week, the support at 1.09000 is expected to break through and further fall towards the level of 1.08000 . Technical analysis supports this idea, and...
Hey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.93200 zone, EURCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.93200 support and resistance area. Trade safe, Joe.
My dear followers, This is my opinion on the EURCHF next move: The asset is approaching an important pivot point 0.9324 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.9287 About Used Indicators: For more efficient signals,...
.9260 has held up EUR/CHF BEARS and the BULLS have made several attempts to push higher but have gained no traction. There are signs that this latest push may have more success. The EMA's are tightening in an upward direction so I'm LONG from .9298 with a tight STOP. Initial target is WR1 weekly resistance at .9348. If we get there and the BULLS remain incharge...
#EURCHF UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #EURCHF. Traders, Anna is monitoring the Forex pair #EURCHF. EURCHF was in the strong down trend according to the 4 hr time frame. Now here we can see that it formed a symmetric triangle and then liquidate...
EURCHF has turned bearish on the 1D time-frame (RSI = 31.608, MACD = -0.007, ADX = 35.082) but reached the bottom of the 1 year Channel Down pattern. Considering that the 1D RSI got oversold last week and rebounded above 30.000 this week, this constitutes a technical buy opportunity. We are aiming for the 1D MA50 (TP = 0.94500). See how our prior idea has...
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
EURCHF - Intraday Price action continued to range between key support & resistance (0.9255 - 0.9323) and we expect this to continue. The bias is to break to the downside. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9323. There is no clear indication that the downward move is coming to an end. We look to Sell at 0.9323 (stop...
EURCHF Next Buy opportunity 0.9254-0.9264 Target will be 0.9301 Set for 2 targets Wait for confirmation.................... SL ( Set a uniform set of 15$ ) only for your reference and you can set it according to your free margin. Recommend SL 0.9240
Hello traders! ‼️ This is my perspective on EURCHF. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect price to make a retracement to fill the imbalance higher and then to react from bearish order block. Like, comment and subscribe to be in touch with my content!
The price of EURCHF is rising towards the swing-high resistance level. Buy entry is at 0.94315 which is a pullback support. Stop loss is at 0.93994 which is a swing-low support level. Take profit is at 0.95399 which is swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for...
EURCHF has entered the demand zone following what appears to be a fake breakout, possibly a liquidity grab. Within this zone, there is a perceived potential for a robust buying sentiment, and if the price initiates a bullish run as anticipated, there is the prospect of a rally towards the 4-hour Order Block (OB) situated at the top, along with associated Former...
Hello traders! ‼️ This is my perspective on EURCHF. Technical analysis: Here we can see that price took sell side liquidity and reacted from institutional big figure, so I expect bullish price action to imbalance. Like, comment and subscribe to be in touch with my content!
EURCHF - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURCHF Entry Level - 0.9413 Sl - 0.9396 Tp - 0.9451 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURCHF is back down to all time lows. I'm not just waiting for a bullish breakout to the upside to go long with this pair.
Hello,Traders! EUR-CHF went down again To retest a massive horizontal Support level of 0.9402 From where I think we will See a local bullish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!