ENTRY: 1.1588// SL: 1.1623// TP: 1.1512
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
more info is written on the chart. Good Luck! >>> if you like to see more Good Opportunity - Please Follow me ...
Our preference: sales position below 1.1045 with targets at 1,1015 & 1,0990 in extension. Alternative scenario: in excess of 1,1045, aim for a continuation of the rise with 1,1060 & 1,1075 in line of sight. Comment: the slip under the 1,1045 constitutes a negative signal which opened the way to 1,1015.
Don't miss it! Available for 30 min in 15 min time frame, for an hour on a 30 min time frame.
Still a beginner so bare with! As you can see; Higher prices are being rejected at the key resistnace level 1.09752. buyers have tried to push and close above it on the daily chart; But just couldn't succeed. Fridays daily candle finished extremely bearish and theres a strong rejection of higher prices towards the resistance level; There has been a huge bearish...
Eurchf BUY Setup BUY STOP Trade.Wait for breakout
We are in a downtrend technically and fundamentally.
EU just came out with new economic figures. Expected Consumer Price Index stats were delivered without shaking this short setup, I have been looking at this week. CHF came out with unchanged interest rate, also following consensus. I've a floating SL around the 200ema and expect it to hit around 1.06400, which is a previous tested psychological level.
We see the price fall by the end of the week to 1.0540 - The setup will invalidate if the price breaks 1.0860 level.
Guys... Above 1.0711 we can see a near term base for a recovery bak to 1.0726. Beyond 1.0771 is needed to mark further downside. EURCHF below 1.0711 can keep the immediate risk lower for the June 2016 spike and 61.8% retracement of the April-15/February-16 rally at 1.0623/04. Below here is needed to mark a more important top for 1.0445/40. The SNB may also...
Like our Facebook page and get daily Fx Update Analysis. FB page: www.facebook.com