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EURCHF

Correlationships between EURCHF, EURUSD and USDCHF - EXPLAINEDI think I made up that word Correlationship but it sounds good. As I always mention about correlations. They are only as good as the amount of data and current time position that occurs. They correlate until they don't. They inverse eventually. And that's because the economics of currencies are so complex with with exposure of the currencies, compared to the past where theory matched reality. Anyhoo. Right now and as of the last couple of months we have seen a positive Relationship between EURCHF and EURUSD However, there is an Inverse relationship with the two above currencies and USDCHF. It is common for both the EUR/CHF and EUR/USD to follow as they are European currency pairs. This means they are likely to be influenced by similar economic factors such as interest rates and inflation in the Eurozone. With the USD/CHF, it is a cross currency pair of two safe haven currencies. And so, when the USD rises, it will appreciate against the CHF, and the USD/CHF will increase in value.
Long
by Timonrosso
1
Buying into current EURCHF's breakout.EURCHF - Intraday - We look to Buy a break of 0.9926 (stop at 0.9904) Our short term bias remains positive. 0.9924 has been pivotal. A break of bespoke resistance at 0.9924, and the move higher is already underway. Short term momentum is bullish. We look for gains to be extended today. Our profit targets will be 0.9981 and 0.9991 Resistance: 0.9913 / 0.9924 / 0.9940 Support: 0.9900 / 0.9885 / 0.9870 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
EURCHF breaking a range? 🦐EURCHF on the 4h chart after the last bearish impulse retraced at the 0.786 Fibonacci Level with a spike to the 0.886. The price then tested the 50% value support a few times. How can i approach this scenario? If the price will break and close below we will consider a nice short order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
9
EURCHF's intraday dips continue to attract.EURCHF - Intraday - We look to Buy at 0.9825 (stop at 0.9805) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Expect trading to remain mixed and volatile. Bespoke support is located at 0.9825. A lower correction is expected. Levels below 0.9830 continue to attract buyers. Our profit targets will be 0.9875 and 0.9885 Resistance: 0.9880 / 0.9900 / 0.9924 Support: 0.9860 / 0.9850 / 0.9840 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
EURCAD I Potential buy from weekly structure Welcome back! Let me know your thoughts in the comments! **EURCAD 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
19
Buying EURCHF on dips.EURCHF - Intraday - We look to Buy at 0.9825 (stop at 0.9805) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Expect trading to remain mixed and volatile. Bespoke support is located at 0.9825. A lower correction is expected. Levels below 0.9830 continue to attract buyers. Our profit targets will be 0.9875 and 0.9885 Resistance: 0.9860 / 0.9880 / 0.9900 Support: 0.9850 / 0.9840 / 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.
Long
by OANDA
EURCHF for a lower low? 🦐EURCHF on the 4h chart after the last bearish impulse retraced at the 0.786 Fibonacci Level with a spike to the 0.886. The price then tested the 50% value support a few times. How can i approach this scenario? If the price will break and close below we will consider a nice short order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
10