EURCHF Buy opportunity on a MACD Bullish Cross.The EURCHF pair eventually hit our 0.95555 bearish target as set by our sell signal in June (see chart below):
The price is now past a 1D MACD Bullish Cross and on the bullish wave of the 7 month Channel Down. We therefore go long again targeting Resistance 1 at 0.96510 on the short-term and if a 1D candle closes above it, we will extend it towards the 1D MA100 (green trend-line) at 0.97100.
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EURCHF
EURCHF Potential DownsidesHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.96300 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.96300 support and resistance zone.
Trade safe, Joe.
Strifor || USDCHF-08/14/2023Preferred direction: BUY
Comment: The US dollar continues to put pressure on all major currency pairs at the beginning of the week. It is most likely to count on such a trend in the first half of the week, at least. The American still has a place to strengthen, and the franc is no exception. We continue to consider the level 0.87757 as a starting point upward towards 0.90000.
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EURCHF Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCHF – 12 hours of straight selling and now?? 13 Aug, 2023The overall flow in this market has been bearish, even though recently price was moving sideways. After some serious bearish action on Friday, I expect the bears to follow through with more. A retracement to the 0.9640 area would be nice and that is where I will be monitoring for some bearish evidence.
The first target is quite obviously in the 0.9530 region. If price indeed does what I am anticipating, we have a +2.3R trade opportunity with the possibility for more if PA supports the possibility to take this trade down to 0.9500.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
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EUR/CHF The Target Is UP! BUY!
My dear subscribers ,
This is my opinion on the EUR/CHF next move:
The asset is approaching an important pivot point 0.96332
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.96714
Safe Stop Loss - 0.96130
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Strifor || USDCHF-08/10/2023Preferred direction: BUY
Comment: The price continues to accumulate near the resistance level 0.87757, which is the break level. This is a very important level, you can learn more about it in details of this level below. Regarding the targets, in this case, longs can be with the potential at the level of 0.89500, where the previous area for pushing is located.
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EURCHF Will Go Higher From Support! Buy!
Take a look at our analysis for EURCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.962.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.974 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EUR/CHF - 4hrs ( Buy Trade After Break Tp Range 120 PIP )Pair Name : EUR/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Long after Break )
Type : Mid Term Swing
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Bullish Break
0.96250 Area
Reasons
- inner Choch level
- Visible Range Hvn / Lvn
- Major Turn level / D
- Day / week High Break
Bearish Reversal
0.97600 Area
Reasons
- Major Turn level
- visible Range poc
- Pattern Target
- Fibo Golden Zone
- Quarter's Area
Strifor || USDCHF-08/08/2023Preferred direction: BUY
Comment: This currency pair was looked for a promising short not so long ago, however, the buyer still manifests itself and most likely the growth will continue. Remember that on the market, trader should be flexible! Level 0.87757 is now considered as the first target, which is unlikely to delay the buyer for a long time and the instrument will continue to update local highs.
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EURCHF Will Go Down From Resistance! Short!
Here is our detailed technical review for EURCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.960.
Considering the today's price action, probabilities will be high to see a movement to 0.958.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Strifor || USDCHF-08/04/2023Preferred direction: SELL
Comment: The sell-priority remains on the currency pair, however, a small addition in connection with the upcoming data on the US labor market. In this addition, it is assumed that at the time of the start of the data release, the US dollar will strengthen on all fronts, after which a reversal and a fall in the currency are expected. Thus, we are waiting for an impulse above 0.87757, and after going under the level we continue to consider sell.
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Strifor || EURUSD-08/03/2023Preferred direction: BUY
Comment: Finally, we can look for buy-position in the Euro. As we expected, the price fell a little under the level of 1.09623 towards the next potential sellers' target at 1.09000. This probability still remains, but it is already possible to start open buy-position, it would be optimal to break your position into three, that is, to gain a position gradually. Upside potential 1.11500.
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