Sell signal inside descending channel on EURCHF Hello my fellow traders, hope you'll make some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. Here you can see a very simple analysis from us. The trade is currently moving in a descending channel. After hitting the resistance of that channel it started going down.
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 demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
Eur-chf
Daily Analysis on EURCHF by ThinkingAntsOkUse this as a guide to develop your view.
Main items we can see on the Daily Chart:
a) The main structure of the current bearish trend is a Descending Channel
b) Currently, the price is on a significant support zone / In the past, we can see durable buying power in this area.
c) Now we expect a Corrective structure with a maximum level of 1.08
d) After the corrective structure, we will prove a clear forecast about continuation movements or reversal movements
e) Patience is the key to the job.
EURCHF Trading in Falling Wedge and range bound condition.EURCHF is trading in falling wedge one can trade according to resistance Line and support line as stoploss on either long side for short side respectively on breakout of the falling wedge on either side can signal for longer term trend
Stay With Us For More Idea.
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EURCHF - FOREX - 23. MAR. 2020Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Bearish market and prices action.
4 HOUR
Found its support now and is looking for an upside pump.
DAILY
Great long entries, prices very low and at our support zone .
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FOREX SETUP
BUY EURCHF
ENTRY LEVEL @ 1.05880
SL @ 1.06210
TP @ 1.05240
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCHF price has bounced on s2 on the daily. This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
Clear rejection zone in EUR CHFClear rejection zone in EUR CHF, Not only is it on the trendline support, but it is also in the flor support zone, so it is very possible to have a price rejection in that clear demand zone, apart from the fact that the euro is now gaining strength in a clear area of very good statistical advantage, wait the confirmation tho since the eur is still weak but it is very possible that it will recover strength during the coming up weeks.
HEAD and SHOULDER PATTERN on EURCHF (Crucial point)Hello guys. Here is our analysis on EURCHF. As we can see that the pair is forming a HEAD AND SHOULDER PATTERN. It has already formed its left shoulder and its head. The pair is also at its support point, so its very interesting to see what the pair does. If the pair bounces back it will make the right shoulder. If it breaks the support then it will fall till the next support.
Let us know your views guys. Follow for confirmation for TP and SL. thanks.
Ryan.R.Lopes
EURCHF trading in Descending triangle pattern.EURCHF is trading in descending triangle pattern . it will stay in triangle for sometime on can trade with long or short with resistance and support as stoploss or with own risk management . as market is volatile one should long or short near resistance or support of descending triangle only. EURCHF can can trade for long term only after it breakout from triangle pattern on either side
EURCHF | LONG | 3R | 1%Symbol : OANDA:EURCHF
Type : Buy
Entry Price: 1.0617
SL Price : 1.05931
TP Price : 1.0691
Reason for entering the market: This pair has just touched the bottom trend line and is about to fly to the top trend line...
Further actions : I will re-entry two more times if this really shoots up, moving the SL's to break even in order to minimize possible capital loss and maximize potential profits.
Don't miss the great buy opportunity in EURCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.0730
TP2= @ 1.0810
TP3= @ 1.1058
SL= Break below S2
Don't miss the great buy opportunity in EURCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.0730
TP2= @ 1.0810
TP3= @ 1.1058
SL= Break below S2
$EURCHF - Swiss National Bank InterveningHey all.
Something to note on EURCHF...
The Swiss National Bank want a weaker Swiss Franc.
To weaken the Franc,they conduct many different market operations.
One of course is to buy US equities and the other is to increase their holdings of foreign currencies.
Just last week, the Swiss National Bank increased their 'sigh deposits' of the dollar and euro by about 2.1bn CHF, the largest weekly increase in quite some time.
Naturally if you look at that chart you can see why.
It's a massive support level and a clear break would lead to a huge euro depreciation versus the Swiss Franc.
This would be adverse to the Bank's aims.
The problem is, however, that the US has placed the bank on the currency manipulator list and they might have their hands tied in terms of the extent to which they can devalue the Swiss Franc.
My thoughts, however, are that the euro is structurally too weak to sustain any real appreciation versus the franc.
We have many political problems now within the EU with regards to budgets, but also in France and Germany politically, and with the new Basel regulations potentially causing a credit crunch across European banks over the next few years due to higher capital requirements, the banking sector of the bloc looks weak too.
There is one saving grace perhaps, and that is if the euro funding trade unwinds, but I do not think that this will happen to any real extent yet.
I'd say that we range along this support for a while and then we start to see gradual dips lower as the Eurozone faces further deterioration in data.
EURCHF Daily Analysis 2/23/20Eurchf Short Idea
All significant timeframes have been very bearish as that seems to be the case with most eurxxx pairs.
Because this is such a steep trend and price action has just been falling we have limited options.
Price action could keep this bearish momentum and continue falling into our monthly support level around 1.04000
We see a long awaited pullback to a key prz level and key resistance. From here we could look to enter on signs of a bearish trend continuation.
Either way we are looking to short and target down toward our monthly support around 1.04000