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Eur-chf

EURCHF on a major support zone / Weekly chart by ThinkingAntsOkUse this as a guide to develop your view of the chart: Main items we can see on the Weekly chart: a)Currently, we are on a significant support zone that has been working since February 2015 b)We will expect a reaction there with similar proportions to the ones that we saw on the past c)The next target is 1.08261 (we are using the previous rejection as a reference frame + the resistance of the last corrective structure before the impulse) d)If our Forecast happens. From there we will be developing short and long scenarios depending on the structure that we can see on a lower timeframe such as Daily / 4Hs e)We will not be trading EURCHF now because of the proximity to this zone. Our main idea is to wait for a formation a develop a setup after.
by ThinkingAntsOk
2
ridethepig | EURCHF Market Commentary 2020.01.16A good time to update the daily chart in EURCHF with Euro starting to trade firmer on the crosses and the CHF run beginning to show signs of unwinding. The 1.074x is starting to look very weak and will give way to sweep all the way down towards 1.062x, here looking to increase exposure; should we visit 1.080x I will not hesitate to increase sizings. For those tracking the Long-term macro chart we remain in the same updated map: Currency manipulation is once again a hot topic with US putting China back on the 'nice' list, smelling SNB to become the next deer in the headlights as CHF inflows are impressive and I believe sharp money is going to test the limits. Good luck those in EURCHF - an advanced chart for the move towards 1.06xx.
Short
by ridethepig
EURCHF | Lost Support ZonePlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.06411 TP1 - 1.05977 TP2 - 1.05806 TP3 - 1.05647 TP4 - 1.05313 SL - 1.06540 Reason: Price was rejected by Descending Channel's resistance. Lost Pivot Point and support zone. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
3
All Major FX Currencies Indexes..: TLRwealth Analysis :. All Major FX Currencies Indexes. #GBP #USD #xxxJPY #EUR #CHF #AUD #NZD #CAD In this "Idea" and the following others, #TLRwealth will spot the best opportunies by "multi & inter convergences" between all the major #currencies in the #forex market. From Y1 (yearly) timeframe to D1 (daily). And in separated thread ideas, we will detail very each currency index to determine the good side (bullish / bearish) of the market. Y1 Q1 MN1 W1 D1 //------- NOTES : TLRwealth open as few brand new thread as possible. So, please to make this Analysis in Favorite to be notified on new UPDATES. TLRwealth Analysis are optimized for "Portrait Mode" screen or mobile/tablet.
by L.C.Trading
Possible trend shift in EURCHF – going short SELL 1.06925 - 1.07087 Add to Watch List Signal ID: 70502 Time Issued: Tuesday, 04 February 2020 08:00:16 GMT Status: open Entry: 1.06925 - 1.07087 Limit: N/A Stop Loss: 1.07330 The Tidal Shift Strategy has just sold EURCHF at 1.07006. The system recommends entering this trade at any price between 1.06925 and 1.07087. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 11.1045, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00065, so the stop loss has been set at 1.0733. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Short
by FXCM
Possible trendPossible trend shift in EURCHF – going short SELL The Tidal Shift Strategy has just sold EURCHF at 1.07006. The system recommends entering this trade at any price between 1.06925 and 1.07087. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 11.1045, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00065, so the stop loss has been set at 1.0733. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Short
by FXCM