EURCHF Buy unless this level breaksThe EURCHF pair has been trading inside a Channel Up since the October 12 Low, having formed a 1D Golden Cross in the process a month ago. As long as the 1D MA200 (orange trend-line) supports, we expect the price to rise and test the September 20 2021 Lower Highs trend-line. If a 1D candle closes above it, we will extend buying towards the red symmetrical zone at 1.01900.
If a 1D candle closes below the 1D MA200, we will take the loss and short instead towards Support 1, targeting 0.96460.
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Eur-chf
EURCHF bias remains positive.EURCHF - Intraday - We look to Buy at 0.9946 (stop at 0.9924)
Our short term bias remains positive.
Previous support located at 0.9945.
0.9934 has been pivotal.
We look to buy dips.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 1.0001 and 1.0011
Resistance: 0.9980 / 1.0000 / 1.0010
Support: 0.9960 / 0.9945 / 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.
EURCHF continues to range.EURCHF - Intraday - We look to Buy at 0.9852 (stop at 0.9830)
Price action continued to range between key support & resistance (0.9850 - 0.9900) although we expect a break of this range soon.
A break of the recent high at 0.9907 should result in a further move higher.
Preferred trade is to buy on dips.
0.9847 has been pivotal.
Daily signals are mildly bullish.
Our profit targets will be 0.9907 and 0.9917
Resistance: 0.9907 / 0.9925 / 0.9950
Support: 0.9890 / 0.9870 / 0.9850
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.
EURCHF price action remains mixed.EURCHF - Intraday - We look to Sell at 0.9906 (stop at 0.9928)
Price action continued to range between key support & resistance (0.9850 - 0.9900) and we expect this to continue.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Although the market broke to the upside in early trade, bespoke resistance at 0.9925 capped the gains.
The sequence for trading is lower lows and highs.
Posted Mixed Daily results for the last 11 days.
Our short term bias remains negative.
The bias is to break to the downside.
Our profit targets will be 0.9851 and 0.9841
Resistance: 0.9865 / 0.9880 / 0.9900
Support: 0.9860 / 0.9847 / 0.9820
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.
Eurchf more downside to playout?
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EURCHF continues to range.EURCHF - Intraday - We look to Sell at 0.9906 (stop at 0.9928)
Price action continued to range between key support & resistance (0.9850 - 0.9900) and we expect this to continue.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Setbacks should be limited to yesterday's low.
The sequence for trading is lower lows and highs.
Posted Mixed Daily results for the last 8 days.
Our profit targets will be 0.9851 and 0.9841
Resistance: 0.9880 / 0.9900 / 0.9911
Support: 0.9864 / 0.9847 / 0.9830
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.
EURCHF to stall at recent high. EURCHF - Intraday - We look to Sell at 0.9901 (stop at 0.9925)
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our short term bias remains negative.
We look for a temporary move higher.
50 4hour EMA is at 0.9904.
Bespoke resistance is located at 0.9900.
Our profit targets will be 0.9841 and 0.9831
Resistance: 0.9860 / 0.9880 / 0.9907
Support: 0.9847 / 0.9835 / 0.9824
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.
Eurchf shd be still on the downside...
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURCHF: Falling Megaphone rejected on the 1W MA50. Strong sell.The EURCHF pair is being heavily rejected on the 1W MA50, the 1D time frame has turned bearish (RSI = 42.235, MACD = -0.001, ADX = 20.466) and the target is now the S1 (0.97300). Only crossing above the R1 (1.009500) justifies a buy, in which case the target will be R2 (1.051500).
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EURCHF broke to the downside.EURCHF - Intraday - We look to Sell at 0.9942 (stop at 0.9968)
Our bespoke support of 0.9940 has been clearly broken.
Previous support at 0.9940 now becomes resistance.
Our short term bias remains negative.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 0.9881 and 0.9871
Resistance: 0.9900 / 0.9925 / 0.9940
Support: 0.9872 / 0.9860 / 0.9840
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.
EURCHF downtrend line continues to attract sellers.EURCHF - Intraday - We look to Sell at 1.0019 (stop at 1.0044)
Trend line resistance is located at 1.0021.
Prices expected to stall near trend line resistance.
Expect trading to remain mixed and volatile.
We look for a temporary move higher.
Our profit targets will be 0.9959 and 0.9949
Resistance: 0.9980 / 1.0000 / 1.0020
Support: 0.9960 / 0.9934 / 0.9920
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.
EURCHF supressed by a trend line resistance.EURCHF - Intraday - We look to Sell at 1.0028 (stop at 1.0056)
Trend line resistance is located at 1.0030.
Prices expected to stall near trend line resistance.
Expect trading to remain mixed and volatile.
We look for a temporary move higher.
Our profit targets will be 0.9961 and 0.9951
Resistance: 1.0000 / 1.0020 / 1.0035
Support: 0.9975 / 0.9960 / 0.9943
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.
EURCHF to find resistance at previous support.EURCHF - Intraday - We look to Sell at 0.9997 (stop at 1.0025)
Trading close to the psychological 1.0000 level.
Previous support at 1.0000 now becomes resistance.
Short term oscillators have turned negative.
We look for a temporary move higher.
Our profit targets will be 0.9928 and 0.9918
Resistance: 0.9970 / 1.0000 / 1.0030
Support: 0.9943 / 0.9920 / 0.9900
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.
EURCHF to breakdown?EURCHF - Intraday - We look to Sell at 0.9987 (stop at 1.0013)
Expect trading to remain mixed and volatile.
A break of the recent low at 0.9988 should result in a further move lower.
Short term MACD has turned negative.
A higher correction is expected.
Our profit targets will be 0.9922 and 0.9912
Resistance: 1.0020 / 1.0040 / 1.0070
Support: 1.0010 / 0.9988 / 0.9940
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.
EUR/CHF Breakout Above Weekly Resistance 🦐Technical analysis of the EUR/CHF pair on the 4-hour time frame reveals an upward trend within an ascending channel.
After reaching a recent low, the price action started to move higher, forming higher highs and higher lows.
The ascending channel pattern formed as the price action created two parallel trend lines, one acting as resistance and the other as support.
The price initially experiences rejection at the weekly resistance, this is a sign that there is strong selling pressure at that point. However, if the price can successfully break above the resistance, it can indicate that the buying pressure is stronger and that the upward trend may continue.
In such a scenario, traders can place a long order at the break of the resistance, with a stop loss placed below the level according to the Plancton's strategy rules.
It is important to keep in mind that the market can be unpredictable and traders should always have a well-defined risk management strategy in place as we teach in the Academy, as well as monitor the price action and any relevant news and economic releases that may impact the pair.
USD/CHF for weekend ending 1/29/2023The Swiss franc recently dropped to 0.92 per USD, retreating from its 1-year high of 0.916 on January 16th. As I assess the situation, I consider the outlook of monetary tightening by both the Swiss National Bank and the Federal Reserve .
The recent slowdown in Swiss inflation has limited the expectations for further rate hikes by the SNB. According to December's inflation data, the rate fell to 2.8%, below the SNB's target of 3% and market expectations of 2.9%. Despite this, the Chairman of the SNB, Jordan, has stated that further rate hikes shouldn't be ruled out, as second-round inflationary pressures still linger in the country's economy. Last year, the SNB raised its key rate by 175bps, taking borrowing costs out of negative territory for the first time since 2011.
According to our neural network based forecasting model, the Swiss Franc is estimated to reach 0.93 by the end of this quarter. The same model and market analysts predict that the Swiss Franc will reach 0.98 in 12 months.
EURCHF - Wait For The Trigger!⏰Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
EURCHF has been overall bearish trading inside the red falling broadening wedge and it is currently sitting around the upper trendline acting as a non-horizontal resistance.
Moreover, the green level 1.0 is a resistance zone and previous major low.
on H1: Right Chart
EURCHF is forming a head and shoulders pattern.
For the bears to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the sell is activated, EURCHF can still trade higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURCHF's bias remains positive.EURCHF - Intraday - We look to Buy at 1.0011 (stop at 0.9985)
Bespoke support is located at 1.0000.
Daily signals are bullish.
We look to buy dips.
Our short term bias remains positive.
Our profit targets will be 1.0076 and 1.0086
Resistance: 1.0067 / 1.0080 / 1.0100
Support: 1.0050 / 1.0030 / 1.0010
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.