Get started

Eur-chf

EURCHF Buy opportunity a little lower.The EURCHF pair is now trading below the 1D MA200 (orange trend-line) for the 5th straight day. This is a downtrend that started after the March 23 High. We are looking to buy lower near Support 1 (0.972500) assuming the 1D candle closes above it and target the September 2021 Lower Highs trend-line at 0.99000. If it closes a 1D candle under Support 1, we will book the loss and take a sell position instead targeting Support 2 at 0.966500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
EURCHF: Buy opportunity inside this Channel Down.EURCHF is on red 1D technicals (RSI = 39.692, MACD = -0.003, ADX = 65.962) as it is trading at the bottom of the 2023 Channel Down. This is a buy opportunity targeting its top (TP = 0.99500). We will short there as long as the price closes inside the Channel Down and target S1 (TP = 0.97100). The pattern and the long term bearish trend breaks , if the pair closes above the R1, in which case we will buy and target the R2 (TP = 1.01000). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
5
EURCHF bias remains negative.EURCHF - 24h expiry - We look to Sell at 0.9833 (stop at 0.9863) Our short-term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this trading sequence is ending. 50 4-hour EMA is at 0.9834. The preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 0.9763 and 0.9753 Resistance: 0.9795 / 0.9820 / 0.9840 Support: 0.9790 / 0.9775 / 0.9750 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
EURCHF Trading plan based on the RSIEURCHF is trading inside a Channel Down after getting rejected on January's Falling Resistance. As long as the Channel Down is intact, the trend is bearish. If broken to the upside, it's bullish. They key to it however seems to be the RSI. Trading Plan: 1. Sell as long as the RSI (1d) remains under its MA line. 2. Buy if it crosses over it. Targets: 1. 0.97500 (near Support 1) 2. 0.99500 (near Falling Resistance). Tips: 1. The RSI (1d) has always given a buy signal when it crossed above its MA ever since the Falling Resistance started. Please like, follow and comment!!
by TradingBrokersView
7
EURCHF bias remains negative.EURCHF - 24h expiry - We look to Sell at 0.9856 (stop at 0.9886) Broken out of the channel formation to the downside. Previous support at 0.9860 now becomes resistance. Our short term bias remains negative. Daily signals are mildly bearish. Preferred trade is to sell into rallies. Our profit targets will be 0.9786 and 0.9776 Resistance: 0.9830 / 0.9845 / 0.9860 Support: 0.9820 / 0.9800 / 0.9780 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
EURCHF - Bears Took Over, Now What For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for sell setups as EURCHF has been sitting around the upper brown trendline. As we trade lower, EURCHF would be approaching the lower trendline in brown. Moreover, the blue zone is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. (acting as non-horizontal support) As per my trading style: As EURCHF approaches the lower the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
5
EURCHF a turn at the 0.382 Fib 🦐EURCHF on the 4h chart created a perfect double bottom on the recent low. As we know the double bottom play at best ta the end of a doentrend and this is the case. The market started an impulse to the upside and then as the market waves normally do, retrecd to the 0.382 fibonacci level over a support with a spike to the 50% level. How can i approach this scenario? I will wait for the EU market open and IF the price will break above the 4h resistance structure i will consider a nice long order according to the Plancton's strategy rules.
by InkyGrip
6
EURCHF - Trend-Following Setup ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURCHF is has been overall bearish trading inside the falling brown channel, and it is currently sitting around the upper brown trendline. So we will be looking for sell setups. Moreover, the green zone is a strong resistance and round number 1.0. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper brown trendline. (acting as non-horizontal resistance) As per my trading style: As EURCHF is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
1
EURCHF Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.9900 zone, EURCHF is trading in a downtrend and now seems to be in a correction phase in which pullbacks are extending and approaching the major trend around 0.99 resistance zone. Fundamentally there is sort of uncertainty in the market due to banking sector crisis and market always choose to go towards classic safe havens like CHF and JPY so they are more likely to be bought. Trade safe, Joe.
Short
by JoeChampion
3
EURCHF to turnaround at trend of lower highs?EURCHF - 18h expiry - We look to Sell at 1.0015 (stop at 1.0043) The primary trend remains bearish. Trend line resistance is located at 1.0018. Short term momentum is bullish. Prices expected to stall near trend line resistance. We look for a temporary move higher. Our profit targets will be 0.9951 and 0.9941 Resistance: 0.9997 / 1.0020 / 1.0042 Support: 0.9970 / 0.9950 / 0.9930 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
Sell Trade Setup on EURCHFHi Traders, The EURCHF had a really good time trending upwardly inside the ascending before it got broken below the lower bands of the channel. Now it spent 10days to make a correction back to the channel and the 10days pullback falls at the fib 61.8% golden ratio. I will be looking to go short on the first bearish candlestick that close below the Fri 17th candle. However, If the 1st supply zone got broken, then i will will be gunning to sell at the 2nd supply zone. Watchout.
Short
by Adefxc
2
EURCHF: Hit the 4 month Support. Potential rise.The EURCHF pair hit today S1 (0.97250), which is a Support level holding for exactly 4 months, turning the 1D technicals bearish (RSI = 34.341, MACD = -0.003, ADX = 35.665). The strong rebound that has followed intra day as well as the RSI approaching the 30.000 oversold limit, is enough to make us go long after some time on this pair. TP = 0.99500, which is under the LH trend-line of the multi year Falling Megaphone pattern. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope