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EURCHF

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.
Short
by OANDA
Swiss Franc Strength Sparks EUR/CHF Selling OpportunitiesHey Traders! A nice push towards the downside broke past the moving averages and came back in, but typically this only means a push exhaustion scenario and a continuation push towards the downside, we already had a break off 200 ma on the 12hourly so likely the daily will follow, I believe this trade currently has around 30 pips profit gain, but once broken the major support level this trade can go much lower. Presidential Day for US & CAD - for fundamentals.
Short
by FX-TradingLions
1
Eurchf more downside to playout? **Find out more from my Tradingview Stream this week** *************************************************************************************** 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!
Short
by Shadowing_The_Big_Boys
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.
Short
by OANDA
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.
Short
by OANDA
1
SELL EURCHFFundamental it's expected rate hike in Switzerland and persistent risk-Off sentiment it's a good framework to take a short position Comercial Banks Positions -> Credit Suisse discusses its expectations for next week's policy SNB September policy meeting. "For the upcoming SNB meeting on Sep 22, we see a risk that the central bank might surprise the market with a larger-than-expected interest rate hike. SNB President Jordan's speech at Jackson Hole struck a hawkish tone as he voiced concerns about long-term inflation upside risks," CS notes. "Therefore, we stick with our 0.9400 EURCHF target and would consider our view incorrect at levels above 1.0060," ->Danske Research discusses its expectations for next week's SNB policy meeting. "EUR/CHF moved sharply lower yesterday afternoon, briefly dropping below 0.9550, reaching the lowest level since the removal of the floor in January 2015. We continue to expect the SNB to follow the ECB in terms of rate hikes to curb underlying inflation pressures," Danske notes. "We expect SNB to hike rates by 75bp on Thursday 22 September followed by a 50bp hike in December. Markets are currently pricing 58 and we acknowledge that it is a close call between 50bp and 75bp. In our base case, we expect EUR/CHF to move lower on announcement," Danske adds. ->Barclays comments "We expect the SNB to deliver a 100bp hike, more than the consensus forecast (50bp) and market pricing (75bp). President Jordan has been hawkish. His Jackson Hole speech outlined reasons for structural risks to a higher inflation. He made further hawkish comments after the ECB meeting. We remain short EURCHF (target 0.95) as the SNB out-hawks the ECB," Barclays adds.
Short
by topfxinvest
EUR/CHF - short Hi everyone, We have recently crossed below MA 20 on the weekly time frame, which is usually indicative of a bearish influence, and we are currently moving towards the downside below MA's on the monthly TF. A recently formed daily bearish engulfing candlestick closure and the price has made a new 1-hour low. On the 4-hour time frame, there is a possibility of a pullback to re-test the MA 20 level before it continues to trend downward. Keep in mind that tomorrow's Gross Domestic Product report for the EURO will also have a significant impact on the trade as the release of this important economic data could cause significant price movement and volatility.
Short
by fxtraderkristina