My last publication on this pair (see link below for reference purposes) witnessed price moving over 70pips in our direction (see link below for reference purposes) and we presently have another trading opportunity building up as price springs out of Demand zone which also coincides with the Bullish Trendline (Pivot III) with high expectations of a trend...
I see everywhere possibilities that the EURCHF will continue to march higher in the coming week(s) as Buyers continue to hold strong at Demand level @ Fr1.07100/1.07400. Tendency: Downtrend ( Bearish ) Structure: Channel | Trendline | Supply & Demand Observation: i. The Descending channel guides price to Fr1.07400 followed by a sharp rejection of...
Our last publication (see link below for reference purposes) witnessed price moving 60pips in our direction to complete a Double Top pattern before the rapid decline. Last publication on this pair I emphasized how the price was caught within a range above major Demand zone (Fr1.07800); Now that price broke down our Key level @ Fr1.07900 last week; I shall be...
Since my last publication on this pair (see link below for reference purposes), we have seen price move 70pips up before correction. Price has been caught within a range above major Demand zone (Fr1.07800) since the beginning of the month giving the impression that Buyers are strong here! We all saw EUR/CHF surge higher on Tuesday & Wednesday - breaking out of...
Risks remain asymmetric longer term as the SNB holds the downside in check and a possible global recovery in 2021 may bring some relief to the EURCHF but in the meantime, it is evident that the Bullish momentum finally begins to make a statement in the market. I shall be looking out for a "quick" temporary counter-trend opportunity on this pair in the coming week...
The Euro appears to be gaining momentum after such a long time lingering in the background of a Bullish Franc as it begins to find her way a major Demand level. A bullish engulfing candle breaking out of Major Support/Resistance level last week is a sign that supports a Bullish perspective in the coming week(s). Tendency: Uptrend ( Bullish ) ...
Estoy esperando que el precio suba en esta zona y tenga reacción.
EURCHF - Bullish Target after retest and breakout confirmation!!
EURCHF Trading Plan SELL - Riks Reward 1:3 H4 Trend Bearish
-EURCHF- Long-Divergence detected in a strong support zone as u can see we detected a divergence on a strong support zone ..and also we can notice an increassing of the volume in this area wich it means for us there is some bulls trying to push the price higher in the next few days.. GoodLuck
My Idea on EURCHF is to buy only if i see potential reversals or breaks zones
Yes there is buy opportunity in EURCHF. EURCHF is in down trend and over bought situation. You can see it in stochastic indicator as well. This is gives us a one confirmation to go for buy option. And there is a strong support in 1.08369 and we can see that there is an inverted candle where end of the chart and that also in over sold area, and its on a real good...
Pattern: 4H Rectangle. Signal: Bullish once the price tests the 1.13630 Support. Target: 1.14400 (just below the first Resistance).
Pattern: Rectangle on 1W. Signal: Bearish after the price was rejected on the 1W Resistance Zone. Target: 1.12300 (just above the 1W Support Zone).