Eur-chf
Extreme trader sentiment points to possible EURCHF uptrend
Signal ID: 64919
Time Issued: Monday, 15 April 2019 09:00:16 GMT
Status: open
Entry: 1.13355 - 1.13507
Limit: N/A
Stop Loss: 1.13126
The Trend Follower Strategy has just bought EURCHF at 1.13431. The system recommends entering this trade at any price between 1.13355 and 1.13507. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.58683. This suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00305, so the stop loss has been set at 1.13126. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
EURCHF Long a bit more then down we go 1500 38 Fib zone is our cap on this baby before we anticipate further lower lows
Nice clean trade this one
EURCHF Potential Short Coming UpWe see a short opportunity coming up this week for EURCHF however the individual currencies make it unclear at this time.
EXY has no clear direction ATM however we are Bullish Bias
CHF has another week or so of weakness before Bullish Price Action.
Lets see how this plays out
EURCHF SHORT FLOOR TURNED INTO CEILING. EURCHF HAS BROKE OUT OF RESISTANCE AND HAS CAME BACK TO RETEST. JUST WAITING ON POSSIBLY A DAILY REVERSAL BEFORE GOING SHORT.
Possible trend shift in EURCHF – going long BUY
Signal ID: 64832
Time Issued: Wednesday, 10 April 2019 17:00:17 GMT
Status: open
Entry: 1.12926 - 1.13106
Limit: N/A
Stop Loss: 1.12657
The Tidal Shift Strategy has just bought EURCHF at 1.13016. The system recommends entering this trade at any price between 1.12926 and 1.13106. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.0764, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00072, so the stop loss has been set at 1.12657. This stop loss order is a trailing stop that will move up as the market moves up. 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.
EURCHF ShortIf price fails to break current resistance, judging from price exhaustion from the TDI and our current zone. I'll be looking for sell confirmations to go short.
EUR/CHF long opportunity- The pair is extending bounce off channel base, extends gains for the 3rd straight session
- Price action below cloud and major moving averages, but very short-term averages have turned
- RSI and Stochs have rolled over from oversold levels, MACD is on verge of bullish crossover on signal line
- Bearish divergence on RSI and Stochs on the hourly charts could see minor downticks
Data Released:
- Germany February industrial output m/m increased to 0.7 %, beating forecast at 0.5 % and compared to -0.8 % in the previous month.
- Focus on the performance of yields in Germany and the spread vs. their American counterparts for direction.
Support levels - 1.1207 (5-DMA), 1.1162 (Mar 29 low), 1.1155 (channel base)
Resistance levels - 1.1251 (21-EMA), 1.1269 (38.2% Fib), 1.1297 (55-EMA)
Currency Forecast: Scope for test of 38.2% Fib. Weakness likely on break below 5-DMA.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1246 (horizontal pullback resistance, 100% Fibonacci extension , 23.6% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 1.1168 (horizontal swing low support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF approaching resistance, potential drop!
EURCHF is approaching our first resistance at 1.1246 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1168 (horizontal swing low support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR CHF Long 1190 now key STOP Level This is a trade foe the patient and the cautious trader
We have followed the EUR CHF down from 120 levels and have seen a turn below the 1.11160 level
currently +40 pip [s from there and rising slow
possible retest of the 1.1190 trendline zone
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1246 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1168 (horizontal swing low support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF long in correlation with my CHF futures analyses Stops got taken on the DailY where it then reacted from a 4h tiny untested 4h level.
as you can see it also took at shorter-term stops on the 4h/1h. This combined with this bullish MS and my bearish BIAS on CHF I think this is a nice little long idea.
Will look to compound this trade above that 4h (future?) breaker that ran out the daily lows.
Eur/Chf Buy limitHi All ,
I'm Setting a buy limit on this pair , as you can see from the chart price has held support firmly on two occasions and i expect the same movement in the coming days or weeks .
Many Thanks.
Potential short in EURCHFPAIR IN FOCUS: EURCHF
POTENTIAL ACTION: SHORT
Observing the broader picture on the Daily and Weekly charting, price is moving in a descending triangle pattern.
There are 2 areas to look for shorts in this setup, first area is a short near @ 1.13100 area, and the second area @ 1.13400 area.
First area is in focus due to resistance from previous candle lows, and confluence in 2 separately drawn fibonacci retracements (confluence of 0.382 and 0.50).
Second area in focus due to the critical zone, and nearing the upper bound of the pattern formation.
Targets are indicated with a purple line, with price potentially hitting the lower bound of the pattern @ 1.11930 range (Ext. TP).
Always look for rejection and confirmation of either first focus area or the second before any entry.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182 (horizontal swing low support).
Ichimoku cloud is also showing signs of bearish pressure and RSI (21) is seeing a bearish exit.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182.
Ichimoku cloud is also showing signs of bearish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF POTENTIAL SHORT (LONG TERM VISION) EURCHF POTENTIAL SHORT
IF YOU TAKE A LOOK AT EURCHF YOU WILL SEE THAT ON THE LEFT HAND SIDE OF THE SCREEN YOU WILL SEE THE VERY DOMINANT SELLER PUSH TO THE DOWNSIDE BACK IN JANUARY OF 2015. SINCE THEN, THE BUYERS HAVE BEEN TRYING TO RECOVER THE PRICE OF THE EURO VS. THE CHF. IF YOU COMPARE HOW MANY BUYER ATTEMPTS IT HAS TAKEN TO TRY AND RECOVER THAT DROP IT TRULY SHOWS YOU HOW STRONG THAT SELLER REALLY WAS. IF YOU LOOK AT THE TOP OF THAT BUYER TREND THAT OCURED FOR 3/4 YEARS VERY RECENTLY IT HAD TOPPED OUT WITH OVER 100% RESTS FROM THE SELLERS WITH VERY STRONG MOMENTUM. THIS IS SHOWING ME THAT THE SELLER STILL HOLDS A VESTED INTEREST IN THIS PAIR AND THIS COULD LEAD TO A VERY GOOD PUSH TO THE DOWNSIDE FOR UPCOMING TIME. LETS TAKE A LOOK!
1W CHART:
*IF YOU TAKE A LOOK AT THIS CHART YOU CAN SEE HOW THAT ONE SELLER CANDLE TAKES UP THE WHOLE LEFT HAND SIDE OF DATA
*IT HAS TAKEN THE BUYERS HUNDREDS OF ATTEMPTS TO TRY AND RECOVER THAT GROUND FROM THE SELLER
*AT THE TOP OF THE BUYER TREND THERE WAS A 100% REST DONE BY THE SELLERS AND EVENTUALLY BREAKING STRUCTURE TO START CREATING LOWER HIGHS AND LOWS
8THIS IS A SIGN OF A SELLER TREND NOW AS WELL WHICH SHOWS THAT THE SELLER HAS A VESTED INTEREST IN SHORTING THE EUR VS THE CHF.
1D CHART:
* IF YOU TAKE A LOOK AT THIS CHART PRICE IS SITTING AT STRUCTURE LOWS FROM SEPTEMBER OF 2018
*WE WOULD WANT TO SEE A STRONG BREAK AND HOLD BENEATH THIS STRUCTURE POINT BEFORE LOOKING FOR POTENTIAL SHORT OPPORTUNITIES
4H CHART:
*THIS CHART COULD BE USED FOR MORE PRECISE ENTRIES, EVEN THOUGH STILKL BEING A HIGHER TIMEFRAME CHART, WE ARE LOOKING AT WEEKLY AND DAILY CHARTS WHICH REPRESENTS A LOT OF DATA SO THEREFORE THE 4H WOULD BE GOOD FOR ACCURACY FOR THIS SWING TRADE
REMEMBER TO ALWAYS IMPLEMENT PROPER RISK WHEN TRADING ON THE FOREX MARKETS. THESE SETUPS ARE BASED ON PERSONAL ANALYSIS AND HAVE NIO GUARANTEE OF GOING IN THE DIRECTION STATED ABOVE. ALWAYS USE YOUR OWN ANALYSIS AND PROPER RISK BEFORE TAKING ANY SETUPS.
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EUR CHF little bit DOWN a lot more UPOn this Chart you will see the EURCHF is approaching the bottom of our Fib range
we anticipate a sharp bounce back up to the 23 level before further bearish resumption
EURCHF Approaching Support, Prepare For A BounceEURCHF is approaching its support at 1.1267 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where it could potentially bounce to its resistance at 1.1312 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance).
Stochastic (34, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF TO BUYSupport is being built for EURCHF. Therefore, you want to buy EURCHF as the RSI is oversold.
EUR/CHF strong support at 1.1344, short break belowThe pair failed to gather upside momentum, has slipped back lower. We see Doji formation on the daily candle till now.
The pair finds major support at 1.1344 (converged 55-EMA and 38.2% Fib). Break below will see further weakness.
Scope then for test of lower BB at 1.1316. Next major support lies at 61.8% Fib at 1.1282.
Focus now on final reading of February Eurozone consumer price index (CPI). Miss on expectations could dent the euro.
Support levels - 1.1344 (converged 55-EMA and 38.2% Fib), 1.1316 (Lower BB), 1.1282 (61.8% Fib)
Resistance levels - 1.1352 (21-EMA), 1.1357 (110-EMA), 1.1360 (5-DMA)
Watch out for break below 1.1344 to go short, SL: 0.1360, TP: 1.1315/ 1.1285
