EURCHF Cup & HandleEURCHF Cup & Handle Breakout
Looking for a proper breakout above resistance before considering this setup.
Details are on the chart.
Happy Trading! P, D, P
Eur-chf
EURCHF SHORTEURCHF has been bouncing between the demand and supply zone and struggling to break out. we have reached the supply zone yet again which has given us yet another opportunity to take short positions.
Possible trend shift in EURCHF – going longThe Tidal Shift Strategy has just bought EURCHF at 1.13421. The system recommends entering this trade at any price between 1.1334 and 1.13502. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.15448, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00065, so the stop loss has been set at 1.13097. 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.
Signal ID: 61318
Time Issued: Wednesday, 23 January 2019 07:00:16 GMT
Status: open
Entry: 1.1334 - 1.13502
Limit: N/A
Stop Loss: 1.13097
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
EURAUD Approaching Resistance, Potential DropEURCHF is approaching its resistance at 1.1341 (61.8% Fibonacci extension, 61.8%, 50% Fibonacci retracement, Horizontal swing high resistance) where it may drop to its support at 1.1246 (100% Fibonacci extension, Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding drop may occur.
EURCHF approaching resistance, potential drop!EURCHF is approaching our first resistance at 1.1373(61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where we might see a drop in price to our first support at 1.1167(horizontal swing low support, 61.8% Fibonacci retracement . 61.8% Fabonacci extension ).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
$EURCHF - Long the Bounce back to the TopBelieve well see a bounce here, either at the .618 - or at the bottom area of the range. Conservative and Aggressive trades shown.
EURCHFLooks like a breakout and a pullback, so i am going to risk a long here. First yellow i will close 25%, around the target 50% and the last 25% i will just keep it with a trailing stop.
Previous analysis:
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Possible trend shift in EURCHF – going shortThe Tidal Shift Strategy has just sold EURCHF at 1.12676. The system recommends entering this trade at any price between 1.12556 and 1.12796. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.29069, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00096, so the stop loss has been set at 1.13157. 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.
Signal ID: 61201
Time Issued: Wednesday, 16 January 2019 01:00:16 GMT
Status: open
Entry: 1.12556 - 1.12796
Limit: N/A
Stop Loss: 1.13157
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GBPJPY Approaching Resistance, Potential ReversalGBPJPY is approaching its resistance at 140.93 (100% Fibonacci extension, 50% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 137.46 (Horizontal swing low support, 38.2% Fibonacci retracement ).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
EURCHF approaching support, potential bounce! EURCHF is approaching our first support at 1.1237 (horizontal swing low support, 61.8%, 100% fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur below this level pushing price down to our major resistance at 1.1287 (Horizontal swing low support, 38.2% fiboancci retracement).
Stochastic (34,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
CADJPY Testing Resistance, Potential ReversalCADJPY is testing its resistance at 82.26 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support at 79.36 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing low support).
Stochastic (55, 5, 3) is testing its resistance at 99% where a potential reversal could occur.
AUDJPY Approaching Resistance, Potential ReversalAUDJPY is approaching its resistance at 78.59 (38.2% & 61.8% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 75.60 (38.2% Fibonacci retracement ).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a potential reversal could occur.
Extreme trader sentiment points to possible EURCHF downtrendThe Trend Follower Strategy has just sold EURCHF at 1.13215. The system recommends entering this trade at any price between 1.13085 and 1.13345. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.50955. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00519, so the stop loss has been set at 1.13734. 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.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.
Signal ID: 61122
Time Issued: Thursday, 10 January 2019 21:00:17 GMT
Status: open
Entry: 1.13085 - 1.13345
Limit: N/A
Stop Loss: 1.13734
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
EUR/CHF breaks major trendline resistance at 1.13, stay long EUR/CHF has broken above strong trendline resistance at 1.13 mark, bias bullish.
Technical indicators support upside in the pair. Stochs and RSI are biased higher.
We evidence a bullish divergence on Stochs on the daily charts which supports upside.
Upside has edged lower from cloud base resistance at 1.1337, break above to see upside.
55-EMA is immediate support at 1.1313. Retrace below 21-EMA to see resumption of weakness.
Stay long on break above cloud base, SL: 1.13, TP: 1.1370/ 1.14/ 1.1430
UK100 Bounced Off Support, Potential For A Further Rise!UK100 is bounced off its support at 6613 (50% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 7118 (38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (55,5,3) is bounced off its support at 3.6% where a further rise could occur.
EUR/CHF Trend Continuation in Channel If EUR/CHF continues to respect the downward channel, we should look for a short opportunity at current market prices.
Nikkei Testing Resistance, Potential Reversal!Nikkei is testing its resistance at 20315 (61.8% Fibonacci extension , 23.6% Fibonacci retracement , horizontal pullback resistance) where it could potentially reverse down to its support at 19079 (100% Fibonacci extension , horizontal swing low support).
RSI (55) is approaching its resistance at where a reversal could occur.
CADJPY Reversed Off Resistance, Potential For Further DropCADJPY reversed off its resistance at 80.67 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop further to its support at 78.30 (horizontal swing low support).
Stochastic (21, 5, 3) reversed off near its resistance at 94% where a corresponding drop could occur.
CADJPY Approaching Resistance, Potential ReversalCADJPY is approaching its resistance at 80.62 (23.6% Fibonacci retracement, horizontal pullback resistance) where it could potentially reverse to its support at 78.75 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (21, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
EURCHF approaching resistance, potential drop!EURCHF is approaching our first resistance at 1.1286 (horizontal swing high resistance, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.1183 (horizontal swing low support).
Stochastic (89,5,3) 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.
Extreme trader sentiment points to possible EURCHF downtrendThe Trend Follower Strategy has just sold EURCHF at 1.12192. The system recommends entering this trade at any price between 1.1207 and 1.12314. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.789. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00487, so the stop loss has been set at 1.12679. 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.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.
Signal ID: 60999
Time Issued: Thursday, 03 January 2019 09:00:15 GMT
Status: open
Entry: 1.1207 - 1.12314
Limit: N/A
Stop Loss: 1.12679
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
