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Eur-chf

CHF: SNB selling FX reserves?Fundamental bias: Mildly bullish EUR/CHF is turning a little higher. It is hard to blame this on the Swiss National Bank meeting, which highlighted that rates would stay at -0.75% and FX intervention would continue if required. Interestingly, one of the Swiss banks suggested that the SNB may have been selling FX reserves earlier this year. If true, that would be a dangerous game for the SNB. Who would want to sell CHF if they knew the SNB wanted to off-load its large FX reserves (shrink its balance sheet) at slightly lower CHF levels? The week ahead will see the KOF update its economic forecasts. There are probably upside risks here given that Swiss business sentiment has been surging recently. As an aside, the SNB did recently revise up its inflation profile – but with forecast inflation still below 2.0% YoY in late 2022/23, the SNB, like the BoJ, will be one of the last to tighten – and the CHF should be at the forefront of losses in the face of any further dollar strength.
by thunderpips
3
ridethepig | EURCHF into 1.14The concept of this complete or at least partially supported euro structure In this swing, there are three actors: 1 . the support which is acting as a pivot 2 . the opposing resistance which is being targeted 3 . the breakout trigger which will provide momentum The breakout here is attacking the soft resistance at 1.14 which is +/- 4% from current levels and 1.20 next year. So buyers are standing in deep value levels with the two targets mentioned. The structure underneath is generally of royal blood, buyers put a lot of time into the plumbing of these levels and are not fearful of hiding behind one another - thus the short space between strong and soft support. If this lacks the mobility to break out and is an absolute chop fest then we can make the executive decision to make no move of any sort. If on the other hand, the momentum kicks in as I am expecting, we can move to 1.14 with little pushback over the coming weeks and months. The diagram illustrates the long-term map. Here the flow towards 2018 highs is underway with the European rebound and we are only "partially" into wave 3. This means we can confidently lean on the macro direction as Swiss outflows are set to continue with CHF cooked as a low yielder for the next few years. For those tracking the SNB reserve activity closely, they are going to get a lot more active in Q3 (a lot similar to Q1).
Long
by ridethepig
5
EURCHF testing a weekly support 🦐EURCHF is trading between a daily support and a weekly resistance. The market after the last bearish impulse retraced at the 0.618 Fibonacci level and then tested the 0.5 before closing the last trading day above the support. According to Plancton's strategy if the price will break below we will set a nice short order. ––––– 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
Short
by InkyGrip
EURCHF a turn at the 0.5 Fib 🦐EURCHF is trading between a daily support and a weekly resistance. The market after the last bearish impulse retraced at the 0.5 Fibonacci level and close the last trading day above the support. According to Plancton's strategy if the price will break below we will set a nice short order. ––––– 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
Short
by InkyGrip
2
EURCHF a range trading 🦐EURCHF on the daily chart is moving between a daily support and a weekly resistance. The price tested a few times the lows creating a triple bottom. According to Plancton's strategy if the market will break above we will set a nice long order. ––––– 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
Long
by InkyGrip
Sell EURCHFHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price has hit its RESISTANCE and is falling down. It has also broken its TRENDLINE SUPPORT. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
Short
by Ryan_lopes
EURCHF a range trading 🦐EURCHF after the retest of the weekly resistance couldn't break above. The market is now back over the minor support and according to Plancton's strategy if the price will break below we will set a nice short order. ––––– 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
Short
by InkyGrip
4
EURCHF on a double bottom 🦐EURCHF on the 4h chart testes twice the lows creating a double bottom below a weekly resistance. The price consolidates between the 2 structures and according to Plancton's strategy if the market will break above we will set a nice long order. ––––– 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
Long
by InkyGrip
EURCHF Buy a break setup.EURCHF - Intraday - We look to Buy a break of 1.0992 (stop at 1.0976) Trading within a Bearish Channel formation. Price action has formed a bullish ascending triangle formation. Pivot resistance is at 1.0989. A break of bespoke resistance at 1.0990, and the move higher is already underway. The bias is to break to the upside. Trend line resistance is located at 1.1040. Our profit targets will be 1.1038 and 1.1058 Resistance: 1.0990 / 1.1010 / 1.1040 Support: 1.0970 / 1.0950 / 1.0940
Long
by Signal_Centre1
1
EURCHF retest the resistance 🦐EURCHF after the break below moved in a bear flag for a retest of the weekly resistance. The price has now reached the minor support at the previous lows and according to Plancton's strategy if the market will break below we will set a nice short order. ––––– 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
Short
by InkyGrip
EURCHF retest the resistance 🦐EURCHF on the 4h chart after the break retest the resistance and now moving lower.. According to Plancton's strategy if the price will break below the support we will set a nice short order. ––––– 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
Short
by InkyGrip
2
EURCHF retest the resistance 🦐EURCHF on the 4chart after the break of the support is currently retesting it. According to Plancton's strategy if the price will satisfy the conditions we will set a nice short order. ––––– 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
Short
by InkyGrip
Breakout on EURCHFThere is a very nice downtrend on the hourly chart from the end of April. We can see price slowing down, weaker lower lows and even a breakout of resistance. We already have a break above previous high, which gives us a signal for an upside move. Usually the EURCHF pair isn't known for making big moves, but if we are looking for percentage gain, then it doesn't matter how many pips of a move we have, as long as our analysis is correct. The first target is 1.1015, and in case of a breakout we will see market reaching 1.1065!
Long
by ForexTrendline
EURCHF OANDAthis meant to be a private signal for our donator but as he/she asked we published it in public this pair has been in a rest mode on its bullish trend while you can observe a plotted descending channel on the chart even harmonic patterns works in such situations (didn't check it myself but a bullish butterfly is obvious in it just needs to be plotted in chart) first target is a 92 pips profit 2nd one has a 100 pip profit afterwards 👉This idea has the confirmation of "advanced price action" 👉For more information don't be shy and get in private chat of trading view 👉Hit share and spread the information in public chats or your twitter for everybody to get profit
Long
by the-crypto-analyzer