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.
FX:EURCHF Safe Trades;
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.
200-EMA is pointing downward and prices are below 200-EMA, it mean the long term trend is on the bearish side. 20 & 50-EMA also trending downward. Now there is descending triangle consolidation pattern, trying to push the price down the "Buyer's Stop Loss Position". Once this level was broken, expected the price will fall lower. From price action, in...
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...
The EUR.CHF is one currency pair on today's watchlist. Once my entry criteria has been met we will set a pending order and await a clear break. Have a great week :-)
Important Notes: 1. Strong resitance on EURCHF 2. Break out and then create flag will validate the down move 3. OBV already divergence and need break out to continue
Mirroring July 15, even to the 1 SFR bounce, suggests the H&S will complete down to 1.04. With a flag halfway down. Short a break of 1.0650.
On the EUR.CHF 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.0801 & 1.0816 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
Bullish Shark confirming uptrend short for this pair. Please comment if you disagree & Like if you agree. Thank You &Goodluck!.
Hi guys, today we have two advanced patterns on the 1hr chart on EURCHF. The analysis starts from higher timeframes. As you can see in the 4hr and daily chart, we recently broke and closed below a daily resistance level. Now that we're retesting that zone we expect a bearish trend continuation; in order to catch that move we search for shorting oportunities in...
Eurchf trading around 1.0755 level where formed pin bar on daily chart also. and also seems many bearish candle above 1.0820 level So advice sell eurchf in range of 1.0755-1.0830 SL above 1.088 TP 1.0620 TP2 1.0500
Looking for a break below the 1.07538 support level for short positions. Alternatively if major downtrend resistance breaks look for long possitions above the 1.10259
Carleton Capital like the look of a SHORT from the area of resistance marked. This area coincides with WR1 pivot and we would expect SELLERS in this area. Our trade recommendation is to SHORT this pair if we get to 1.0864. * Warning - clearly the US Presidential Election will impact across all markets so we have a tight STOP on this trade at 1.0876 which is...
EURCHF HAS A DOUBLE PATTERN FORMING. BAT PATTERN SHORT OPPORTUNITY AT 0850. CYPHER PATTERN LONG OPPORTUNITY AT 0770.
HEY GUYS ! EURCHF IS HEADING TO A TOTALLY SELL ! SELL @ 1.09900 AND TAKE PROFIT SHORT @ 1.08900 AND LONG THAT MAY TAKE A WEEK @ 1.07900