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EURCHF

EURCHF 22nd MARCH 2023Monetary policy have a significant impact on the value of a currency. The European Central Bank (ECB) is responsible for setting monetary policy in the Eurozone, including interest rates, the money supply, and other factors that influence the availability and cost of credit in the Eurozone. If the ECB implements expansionary monetary policy, such as lowering interest rates or increasing the money supply, this can increase inflationary pressures in the Eurozone, which can weaken the Euro. On the other hand, if the ECB implements contractionary monetary policy, such as raising interest rates or reducing the money supply, this can help to control inflation and support the value of the Euro. It's also worth noting that the Eurozone has faced challenges in recent years due to the ongoing COVID-19 pandemic. The ECB has implemented a range of measures to support the Eurozone economy, including quantitative easing, lending programs, and other measures to increase liquidity in financial markets. In March 2023, the impact of the pandemic on the Eurozone economy and the effectiveness of the ECB's policy response will likely continue to be important factors to monitor. Other factors that could impact the Euro's value include changes in global economic conditions, shifts in investor sentiment, and geopolitical events. Uncertainty can lead to an increase in demand for safe-haven currencies, such as the Swiss franc, which can in turn strengthen its value. The Swiss franc has traditionally been considered a safe-haven currency due to Switzerland's political neutrality, stable economy, and the country's reputation for financial stability and security. In times of uncertainty or market turbulence, investors may seek to protect their investments by moving funds into safe-haven currencies like the Swiss franc.
Short
by DNP-FX
3
Sell Trade Setup on EURCHFHi Traders, The EURCHF had a really good time trending upwardly inside the ascending before it got broken below the lower bands of the channel. Now it spent 10days to make a correction back to the channel and the 10days pullback falls at the fib 61.8% golden ratio. I will be looking to go short on the first bearish candlestick that close below the Fri 17th candle. However, If the 1st supply zone got broken, then i will will be gunning to sell at the 2nd supply zone. Watchout.
Short
by Adefxc
2
EURCHF: Hit the 4 month Support. Potential rise.The EURCHF pair hit today S1 (0.97250), which is a Support level holding for exactly 4 months, turning the 1D technicals bearish (RSI = 34.341, MACD = -0.003, ADX = 35.665). The strong rebound that has followed intra day as well as the RSI approaching the 30.000 oversold limit, is enough to make us go long after some time on this pair. TP = 0.99500, which is under the LH trend-line of the multi year Falling Megaphone pattern. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
EURCHF I Best zones to trade this week!Welcome back! Let me know your thoughts in the comments! ** EURCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
32
CADCHF Update I Potential bounce from pandemic lowWelcome back! Let me know your thoughts in the comments! ** CADCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
EURCHF: Your Trading Plan For Today 🇪🇺🇨🇭 EURCHF is currently consolidating. The pair is trading within a wide intraday trading range. Currently, the price is approaching its lower boundary. To buy the pair with a confirmation, watch a double bottom pattern. 0.994 - 0.9943 is its neckline. Wait for an hourly candle close above that, buy aggressively or on a retest then. Target will be 0.996 If the price sets a new lower low, the setup will be invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5
EURCHF Triangle Breach? 07.03.2023The pair seems to have broken a triangle upper limit. The next resistance estimated to be 0.9965. __________________________ 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).
Long
by Stuart_Cowell
2
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. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
4