EURCHF Triangle Breach? 07.03.2023The pair seems to have broken a triangle upper limit.
The next resistance estimated to be 0.9965.
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EURCHF
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 Volume areas 📊On EUR/CHF is nice to see strong sell-off from the price 1.00280 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Weekly Volume cluster + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EURCHFI my last analysis in the comments I told to enter again after closing by reaching our stoploss in first trade.
On monday we´ll be prepare to close the sell and open buy in the level I put in the chart.
The pending order is like this:
#eurchf
buy 0.99294
stoploss 0.99150
takeprofit 1.00253
We´ll not continue thinking in selling this pair because last week the candles closed above 20 moving average daily.
Good luck to everybody.
EURCHF - Looking To Buy Pullbacks In the Short TermD1 - Bullish rally followed by double wave correction.
Price has broken above the most recent downtrend line.
H4 - Higher highs.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
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 sellEURCHF was in a uptrend till it reached 1.62 fibo level (key level). After we saw great drop that broked support level. Now price is inside that broken level for retest. I draw two fibos and notices two short opportunities.
Personally selling from second order block is more valid trade for me. But I will look how price reacts on first OB (inside resistance level).
Good luck:)
EURCHF - Short active ✅Hello traders!
‼️ This is my perspective on EURCHF .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price filled perfectly the imbalance and rejected from bearish order block.
Like, comment and subscribe to be in touch with my content!
EURCHF sellEURCHF has reached support level that was broken (resistance level now) and we saw great reaction on it (big bearish wick).
Fibonacci levels is another conformation for sell set up.
I expect price to reach at least 1.62 fibo level but also it can drop till 2.0 fibo level because we have some liquidity area on this level.
Good luck:)
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 Potential upwards move 24.02.20230.9925 is the potential resistance after the recent break of EURCHF.
Core PCE Price Index m/m today figures might have an effect but
possibly upwards.
__________________________
Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda...
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
easyMarkets EURCHF Daily - Quick Technical OverviewWaiting for EURCHF to make a breakout, before considering the next short-term directional move.
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