Key level broken and buying opportunity with EURCHFH4 time frame.
Structure: The short-term downtrend ended when the price broke the Key level at 1.05000.
Wait for the price to retest and confirm the bullish signal, then you can find buying opportunities.
The profit target is the 1.07000 price zone.
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Wish you all have a good trading day!
Eur-chf
EURCHF bullish continuation | 18th Jan 2022Price broke out of the descending trendline resistance, signifying overall bullish mometum. We can expect price to bounce from the pivot level in line with 50% Fibonacci retracement and 61.8% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement . Our bullish bias is further supported by the Ichimoku cloud acting as a support.
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EURCHF bullish continuation | 18th Jan 2022Price broke out of the descending trendline resistance, signifying overall bullish mometum. We can expect price to bounce from the pivot level in line with 50% Fibonacci retracement and 61.8% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement. Our bullish bias is further supported by the Ichimoku cloud acting as a support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be
EURCHF bullish continuation | 17th Jan 2022Price brokeout of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection and 50% Fibonacci retracement towards take profit level in line with 61.8% Fibonacci retracement . Our bullish bias is further supported by the Ichimoku cloud indicator where price is holding above the clouds.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
Wait for a buy signal with EURCHFH4 time frame.
Structure: The downtrend ended when the price broke the Key Level at 1.04600.
Currently, the price is moving to retest and there is a possibility of forming a bullish pattern here.
Wait for the bullish pattern to appear, then you can look for buying opportunities.
Profit target is 1.05600 price zone.
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Wish you all have a good trading day!
EURCHF bullish continuation | 17th Jan 2022Price brokeout of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection and 50% Fibonacci retracement towards take profit level in line with 61.8% Fibonacci retracement. Our bullish bias is further supported by the Ichimoku cloud indicator where price is holding above the clouds.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
EURCHF LONGLong-term trend is strongly bearish but we could take good mid-term profits in corrections. We could take even more profit if a reversal happens.
1- At top of the cloud.
2- Creation of a ascending channel is possible.
3- Far enough from the bearish trendline .
4- A strong resistance is broken and intersects the top of cloud.
It seems smart money is trying to make retail traders SLs hit!
Levels are drawn regarding bottom of the cloud and touching range of the cloud and the TP3 is about 50% of the impulsive ling-term mid which is a possible correction.
Enter a long position!
Take some profits on levels and follow the signal for more instructions.
EURCHF potential for pullback! | 12th Jan 2022Prices are at a daily pivot and on bearish momentum. We see the potential for a sell entry at 1.05132 in line with 23.6% Fibonacci retracement , 78.6% Fibonacci extension and 127.2% Fibonacci extension towards our Take profit at 1.04649 in line with 23.6% Fibonacci retracement . RSI is at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EURCHF potential for pullback! | 12th Jan 2022Prices are at a daily pivot and on bearish momentum. We see the potential for a sell entry at 1.05132 in line with 23.6% Fibonacci retracement, 78.6% Fibonacci extension and 127.2% Fibonacci extension towards our Take profit at 1.04649 in line with 23.6% Fibonacci retracement. RSI is at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Divergence and key level breakout with EURCHFH4 time frame.
Structure: The downtrend ended when the price broke the Key Level at 1.04500.
Wait for the price to return to retest and appear a buy signal, then you can enter an order with EURCHF.
Profit target is 1.06500 price zone.
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Wish you all have a good trading day!
EURCHF potential for short pullback! | 11th Jan 2022Prices are at approaching a Pivot and were previously on bullish momentum. We see the potential for a short pullback from our sell entry at 1.05268 in line with 78.6% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.04667 in line with 23.6% Fibonacci retracement . RSI are at all time high levels.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EURCHF potential for short pullback! | 11th Jan 2022Prices are at approaching a Pivot and were previously on bullish momentum. We see the potential for a short pullback from our sell entry at 1.05268 in line with 78.6% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.04667 in line with 23.6% Fibonacci retracement. RSI are at all time high levels.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EURCHF looking up 🦐EURCHF on the daily chart after the long downtrend breaks the 2 converging trendlines.
The price found a bottom and moved now to the weekly resistance.
According to Plancton's strategy IF the market will break above and satisfy the Academy conditions we will set a nice long order.
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Follow the Shrimp
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
EURCHF is on bearish momentum! | 5th Jan 2022Prices are on bearish momentum and abiding to our bearish trendline. We see the potential for a dip from our sell entry at 1.03776 in line with 61.8% Fibonacci extension towards our Take Profit at 1.03374 in line with 78.6% Fibonacci retracement. Technical indicators are at levels where dips previously happened.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EURCHF Sell the strong downtrend.EURCHF - Intraday - We look to Sell at 1.0364 (stop at 1.0378)
Daily signals are bearish.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
20 4hour EMA is at 1.0365.
Preferred trade is to sell into rallies.
Our profit targets will be 1.0327 and 1.0317
Resistance: 1.0350 / 1.0360 / 1.0370
Support: 1.0340 / 1.0330 / 1.0320
EURCHF bearish continuation | 3rd Jan 2022Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from pivot level in line with 100% Fibonacci projection and 50% Fibonacci retracement towards 1st Support in line with previous swing low. Our bearish bias is further supported by the Ichimoku cloud indicator where the price is holding below it.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.