Long trade possible after a nice HnS pattern + TL break + Fib 61.8% touch.
EURCHF - Intraday - We look to Sell at 0.9882 (stop at 0.9903) Bespoke resistance is located at 0.9880. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Preferred trade is to sell into rallies. Our short term bias remains negative. Our profit targets will be 0.9828 and 0.9818 ...
USDCHF - Intraday - We look to Buy at 0.9781 (stop at 0.9758) Our short term bias remains positive. We are trading at overbought extremes. A lower correction is expected. We look to buy dips. 20 4hour EMA is at 0.9777. Our profit targets will be 0.9837 and 0.9847 Resistance: 0.9850 / 0.9870 / 0.9900 Support: 0.9820 / 0.9800 / 0.9780 Risk Disclaimer...
EURCHF - Intraday - We look to Sell at 0.9943 (stop at 0.9964) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. 0.9945 has been pivotal. Previous support at 0.9945 now becomes resistance. Our profit targets will be 0.9888 and 0.9878 Resistance: 0.9900 / 0.9920 / 0.9945 Support: 0.9870 / 0.9850...
USDCHF - Intraday - We look to Buy at 0.9701 (stop at 0.9678) Short term bias has turned positive. 20 4hour EMA is at 0.9699. We look for a temporary move lower. We look to buy dips. Our profit targets will be 0.9758 and 0.9768 Resistance: 0.9750 / 0.9770 / 0.9800 Support: 0.9720 / 0.9700 / 0.9680 Risk Disclaimer The trade ideas beyond this page are...
Trade Idea: Selling CH20 Reasoning: At resistance - hold the line!! Entry Level: 10911 Take Profit Level: 10706 Stop Loss: 10967 Risk/Reward: 3.66:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Inverse H&S as well as triangle formation - break above bulls are in control ...Keep an eye!
Strong double top, breakout of key level and canada fundamentals showing signals of losing steam
The USDCHF can be relatively slow-moving compared to other major forex pairs. However, we have seen some significant moves since March this year. In fact, the most recent April monthly candle was the largest bodied candle in almost seven years. Albeit April’s candle moved in the USD’s favour rather than the francs. In April, The USDCHF opened at 0.922 and closed...
Hey traders, in the coming week we are monitoring EURCHF for a buying opportunity around 1.036 zone, once we will receive any bullish confirmation the trade will be executed, Trade safe, Joe.
USDCHF creates Adam and Eve pattern DXY (Dollar Index) is bullish while SXY (Swiss Frank Index) is bearish and combination of shows strong momentum to increase USD against CHF
SXY Rejected from Resistant trendline RSI Divergance occures which means bearish market
Trade Idea: Selling a retest of the broken range Reasoning: CFTC data recorded a renewed net advance in short non-commercial Sterling positions Entry Level: 1.2076 Take Profit Level: 1.1705 Stop Loss: 1.2126 Risk/Reward: 7.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is...
Trade Idea: Selling a retest of the broken range Reasoning: Break down on yesterdays PMI number. Lower prices expected. Entry Level: 1.2064 Take Profit Level: 1.1708 Stop Loss: 1.2125 Risk/Reward: 5.93:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Trade Idea: Selling a retest of the broken range Reasoning: Break down on yesterdays PMI number. Lower prices expected. Entry Level: 1.2072 Take Profit Level: 1.1707 Stop Loss: 1.2118 Risk/Reward: 7.89:1 Disclaimer – Signal Centre . Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Trade Idea: Range play on GBPCHF Reasoning: Nice looking range setup. Targeting a move to the upper end. Entry Level: 1.2130 Take Profit Level: 1.2422 Stop Loss: 1.2067 Risk/Reward: 4.69:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved...
Trade Idea: Range play on GBPCHF Reasoning: Nice looking range setup. Targeting a move to the upper end. Entry Level: 1.2147 Take Profit Level: 1.2416 Stop Loss: 1.2076 Risk/Reward: 3.75:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved...
Trade Idea: Range play on GBPCHF Reasoning : Nice looking range setup. Targeting a move to the lower end. Entry Level: 1.2375 Take Profit Level: 1.2112 Stop Loss: 1.2424 Risk/Reward: 5.24:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved...