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EURCHF

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.
Short
by OANDA
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.
Short
by OANDA
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.
Short
by OANDA
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.
by InkyGrip
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
Short
by TheSignalyst
7
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.
Long
by OANDA