EURCHF to go lower. The pair is confined within a range since Nov-18. The range is more or less about 270 pips in between. Within this range created a descending resistance line and each time it tested the line if failed with a bearish key reversal. Expecting the pair to go lower and eventually break the support line towards 1.1080. fb.com
RSI is nearing oversold territory, respected upwards trend line. Looking for a push upwards on the 4 hour chart.
Bearish Cypher pattern has been spotted on EURCHF 1D, we expect the bears to be in control to the 1.119 level (blue marked zone)... A VERY LONG TERM SETUP for the bears... pls like and comment
THIS COULD BE A GOOD ONE TO JUMP IN ON THIS COMING WEEK LIKE, COMMENT AND FOLLOW
EURCHF UPDATE THIS IS ANOTHER GREAT RISK TO REWARD RATIO. FOR THOSE THAT ENTERED THE LAST ONE WOULD HAVE SEEN HOW PROFITABLE IT WAS. ENJOY SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
TARGET: 29.5 PIPS TP1 1.1395 TP2 1.1381 STOP LOSS: 1.1450
EURCHF beautiful Wolfe Wave complete at 5th point with stochastic classic divergence confirmation. We can also see double pinbar form at the bottom. I expect to see strong upward movement. www.tradingview.com
THIS IS A GREAT RISK TO REWARD ONE JUMP IN. WE HIT OUR TARGET INNITIALY ITS REVERSED MORE THAN I THOUGHT BUT ITS GIVEN US ANOTHER CHANCE TO ENTER LIKE FOLLOW AND COMMENT FOR MORE SEE PREVIOUS ANALYSIS
THIS IS A GREAT RISK TO REWARD ONE JUMP IN LIKE FOLLOW AND COMMENT FOR MORE SEE PREVIOUS ANALYSIS BELOW
This would be invalidated by move below thin ichimoku to the downside. www.tradingview.com
Although not a big fan of CHF markets due to central bank intervention, but I spotted a nice opportunity for a swing. Looking to short around 1.1677 area for a target to 1.1265, stops above 1.1785.
Expecting EURCHF correction to continue a little more to then start of fresh falls towards my target 1.1365. Look below the link for my previous idea on EURCHF.
On Sunday, a referendum was held in Switzerland. There were two issues on the agenda: the initiative on "living money" and the law on gambling on the Internet. The greatest fear among investors was caused by the potential radical reform of the banking sector of the country (Vollgeld). In case of a positive vote for this initiative, the country was in danger of...
EURCHF expectedly could not overcome the lower limit of its medium-term range of 1.15-1.20 and everything goes to the fact that the range trading will continue. And this means that the goal of the current movement is growth to the upper border, that is, to the area of 1.20. What will act as drivers of this growth? From the point of view of the euro-component of...
Technically, the EURCHF is in a rather interesting place for “buy”. 1.15 is the lower limit of the current medium-term range. In addition, in the last couple years, the dynamics of the pair has been upward, which only strengthens the buy signal from 1.15. Yes, there were several reasons for the decline of the pair: political problems and scandals in Europe...