EURCHF
EURCHF to find support at trend line.EURCHF - Intraday - We look to Buy at 0.9835 (stop at 0.9815)
The trend of higher lows is located at 0.9835.
We look to buy dips.
Our short term bias remains positive.
Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return.
Our profit targets will be 0.9885 and 0.9895
Resistance: 0.9870 / 0.9890 / 0.9910
Support: 0.9840 / 0.9820 / 0.9795
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.
Buying EURCHF at previous highs.EURCHF - Intraday - We look to Buy at 0.9875 (stop at 0.9855)
Our short term bias remains positive.
There is no clear indication that the upward move is coming to an end.
Previous resistance at 0.9875 now becomes support.
20 4hour EMA is at 0.9876.
We look to buy dips.
Our profit targets will be 0.9925 and 0.9935
Resistance: 0.9900 / 0.9910 / 0.9937
Support: 0.9890 / 0.9875 / 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.
20 Reason for buy EURCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Extremely bearish
2 📆Monthly: a clean bearish move but now in a retracement mood
3 📅Weekly: the trend is bear, but the current action is corrective so that the price may go up 1.0052 area for the retest
4 🕛Daily: up trend continues toward weekly resistance areas
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart:w pattern and also a double bottom
7: 3 Volume: high volume bullish sign
8: 4 Momentum UNCONVENTIONAL Rsi: resistance at 60, so once it breaks the 60 level, price will enter a super bullish zone
9: 5 Volatility measure Bollinger bands: squeezing
10: 6 Strength ADX: extremely sideways bullish Dmi is up
11: 7 Sentiment ROC: eur is stronger than CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: impulse
14: Support resistance base: a middle band
15: FIB:
☑️ final comments: buy
16: 💡decision: buy
17: 🚀Entry: 9901
18: ✋Stop losel:0.9872
19: 🎯Take profit: 1.0036
20: 😊Risk to reward Ratio: 1:6
🕛 Excepted Duration: 10 days
EURCHF: BEARISH Market Analysis! Looking for CONTINUATION!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
After the formation of the M pattern and breakout to the downside, the market started initially pushing down, without going so far from the swing, and since the beginning of November it has been consolidating much of the time inside a wedge formation.
When, where and why would we step into the market?
Overall, this market looks bearish because not really able to continue the upward movement as previously expected.
However, before entering short we would see a sharp breakout of the current structure, considering the random volatility inside the consolidation area, we would get stop out many times trying to chase to down move.
In the scenario of market continuation to the upside, no action will be taken on here.
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
Buying EURCHF at 50 EMA.EURCHF - Intraday - We look to Buy at 0.9851 (stop at 0.9832)
50 4hour EMA is at 0.9847.
Bespoke support is located at 0.9850.
Our short term bias remains positive.
A lower correction is expected.
We look to buy dips.
Our profit targets will be 0.9899 and 0.9909
Resistance: 0.9893 / 0.9910 / 0.9930
Support: 0.9880 / 0.9865 / 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 at trend of higher lows.EURCHF - Intraday - We look to Buy at 0.9821 (stop at 0.9799)
Intraday signals are mildly bullish.
Trend line support is located at 0.9815.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 0.9872 and 0.9882
Resistance: 0.9870 / 0.9890 / 0.9910
Support: 0.9840 / 0.9815 / 0.9790
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: Bearish Setup Explained 🇪🇺🇨🇭
EURCHF reached a key level this week.
The price formed a double top formation on that on 1H time frame.
Its neckline was broken then.
I believe that the pair will keep falling.
Next target - 0.98
❤️If you have any questions, please, ask me in the comment section.
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Buying EURCHF at trend line support.EURCHF - Intraday - We look to Buy at 0.9813 (stop at 0.9791)
Intraday signals are mildly bullish.
Trend line support is located at 0.9810.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 0.9868 and 0.9878
Resistance: 0.9870 / 0.9890 / 0.9910
Support: 0.9840 / 0.9815 / 0.9790
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 bearish move possibility from 2 areaAs you can see in the chart bearish impulsive move followed by a corrective bullish move which shows price intention of moving lower after completing its corrective move. now in this case we need to be looking for an area where corrective move may end.
for a bearish move to resume price need to take out enough liquidity in order to move down, as it can be seen in the chart 2 areas are close to price with enough liquidity resting above it. the closer is above the previous candle in the form of bearish engulfing and the further out area is a local top which formed in the bullish corrective move which price already test it twice and there are huge amount of liquidity there.
For taking a position from any of these 2 areas you need to remember:
that price need to tap into a area clearly. but unable to close above the area.
also it is possible that price fail to reach the zone but to engage in a position it should fit your strategy.
Buying EURCHF at 20 EMA.EURCHF - Intraday - We look to Buy at 0.9841 (stop at 0.9819)
Short term bias has turned positive.
We look to buy dips.
20 4hour EMA is at 0.9840.
Our profit targets will be 0.9895 and 0.9905
Resistance: 0.9890 / 0.9920 / 0.9935
Support: 0.9860 / 0.9840 / 0.9800
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.
70-100pips short setup for EurChfMarket has dropped below the previous daily low zone. Should get a nice short for 70-100pips from bearish flag as market makers have shown strong bearish activity with given price action. Seeking for the market to possibly create a lower low which would take liquidity from the equal lows below.