EUR/CHF Technical AnalysisEUR/CHF Technical Analysis
Timeframe: 15-Minute Chart
Chart Overview:
In this 15-minute EUR/CHF chart, we observe a clear descending trend characterized by lower highs and lower lows. The price action reflects a bearish sentiment with key support and resistance levels marked to guide potential trading decisions.
Key Elements:
1. Descending Channel:
- The price is moving within a descending channel, indicating a prevailing bearish trend. The channel is defined by the upper resistance trendline and the lower support trendline.
- This channel suggests that the price is making lower highs and lower lows, a classic sign of a downtrend.
2. Support and Resistance Levels:
- Resistance Levels: Key resistance levels are marked at 0.97421 and 0.96952. These levels have previously acted as support, but now they may act as resistance as the price approaches them from below.
- Support Levels: Significant support levels are identified at 0.95532 and 0.94752. These levels have provided a floor for the price action in the past and could be potential bounce points.
3. Price Patterns:
A consolidation pattern is observed around the 0.95532 support level, where the price seems to be stabilizing after a significant downtrend.
This consolidation could signal an accumulation phase, where buyers are gathering strength before a potential breakout.
### Conclusion:
The EUR/CHF pair is currently in a bearish trend within a descending channel. Key support and resistance levels provide potential entry and exit points for trades. Volume spikes indicate significant market activity around these levels, making them critical for trading decisions. Always manage your risk with appropriate stop losses and position sizing.
Eurchflong
EURCHF - Long from trendline ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I have a confluence for a long position if price makes a retracement and then rejects from trendline + liquidity zone + institutional big figure 0.98000.
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EURCHF"EURCHF analysis update: Price has shifted to the bullish side after breaking out of a major bearish trend and a recent bullish flag pattern. Following the Elliott Wave 12345 pattern, we've entered a buying position after a 38-50% retest and a bullish rejection. Get ready for potential upside!"
EURCHF Bullish Money Heist Plan on Long sideMy Dear Robbers / Traders,
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EURCHF Bullish Money Heist plan to be RichMy Dear Robbers / Traders,
This is our master plan to Heist Bullish side of EURCHF Market based on Thief Trading style Analysis.. kindly please follow the plan i have mentioned in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan.
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EURCHF - Downside move ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect downside move after price filled the imbalance and rejected from bearish order block + institutional big figure 0.98000.
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EURCHF Technical Analysis and Trade IdeaIn the video, we analyze the EURCHF currency pair. Our assessment identifies a potential buying opportunity. We’ll deconstruct the current price trend, meticulously evaluate recent price movements, take market dynamics into account, and identify a potential entry point based on favorable technical analysis. However, it’s essential to emphasize the importance of robust risk management practices. Please remember that this video is purely educational and should not be interpreted as financial advice.
EUR & CHF - The bad and the uglyWhat better way to start the new year than with a EURCHF long?
I am open to suggestions.
EUR view:
➡️ Inflation in the eurozone will rise slightly in early 2023 and climb towards the 3% mark🟢
➡️ In addition, however, it will fall more sharply in the following months than the ECB currently expects, forcing the ECB to cut interest rates earlier than planned🟢
➡️ My expectation here is March (at the earliest) or April 2024🟢
The CHF view explains why I still see the EURCHF strengthening in the short term:
➡️ The SNB will soon follow the ECB and also very likely make a 1st rate cut in the 1st half of 2024🟢
➡️ Although Swiss inflation will also briefly move back towards the 2% mark at the beginning of 2024, driven by rent increases and higher electricity prices, it will then also stabilise below the 2% mark again🟢
➡️ As soon as it returns from its skiing holiday in the Swiss Alps, the SNB will not be happy about the excessively high level of the CHF and will either tolerate a (slightly) weaker franc or even aim for it itself🟢
Conclusion:
The EURCHF therefore has room for a 200 - 300 pip upward move and will very likely tackle this in the new year, giving me a good start to the new year!:)
EUR/CHF Technical Analysis: Entry Opportunity IdentifiedAssumptions:
- EUR/CHF is observed to be adhering to a robust trendline channel, indicating a clear directional bias in the market.
- Entry is suggested at the prevailing price of 0.97560.
- Stop Loss is recommended to be placed near 0.96960 to mitigate potential downside risk.
- Take Profit levels are set at TP-1: 0.98150 and TP-2: 0.98760.
Analysis:
EUR/CHF has demonstrated resilience within its established trendline channel, affirming a bullish trajectory. The current price presents an opportune entry point, aligning with the upward momentum witnessed in recent sessions. A well-placed Stop Loss near 0.96960 provides a safeguard against adverse market movements while allowing for potential upside exploration.
Trade Recommendation:
Based on the technical analysis and assumptions outlined, a long position is advisable for EUR/CHF at the current price level of 0.97560. Traders are encouraged to exercise disciplined risk management practices by adhering to the suggested Stop Loss and Take Profit levels. TP-1 at 0.98150 and TP-2 at 0.98760 offer strategic exit points to capitalize on anticipated bullish movements.
Disclaimer:
This analysis is for informational purposes only and should not be construed as financial advice. Traders are urged to conduct their own thorough analysis and consider market dynamics before executing any trades. Past performance is not indicative of future results.
EURCHF - Long active ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: As we can see here price made a retracement as I expected in my last analysis, so now I expect bullish price action as price rejected from bullish order block + institutional big figure 0.97000.
Fundamental news: On Thursday we have monthly CPI on CHF, news with high impact on currency.
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EURCHF Technical Analysis and Trade IdeaThe EURCHF has reached a crucial support level. On the 4-hour chart, there has been a significant downward price swing resulting in an imbalance. This imbalance could serve as a target for price correction. Currently, we observe a higher low on the 4-hour timeframe, and I'm actively seeking a buying opportunity if the setup described in the video materializes. Should we witness a break, retest, and subsequent failure of the current range high, I will consider a buy position. However, if price fails to exhibit this bullish setup, we will abandon this idea. As always, please note that this information is for educational purposes only and should not be construed as financial advice.
EURCHF - Retracement to order block ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, but for now I expect to see a retracement after price took buy side liquidity and rejected from institutional big figure 0.98000. My point of interest for a long position is bullish order block + 0.97000 level.
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EURCHF - LONG - BUYRejection on the Buy Side LQ Zone/Swing
Looking for a BUY
Already broken above the HMA on the 1HR TF already, so Buy on a partial and will buy again if it dips into the Buy Side LQ Swing/Zone
**This is just my trading thought process and does not constitute as financial advice.
**Please trade with proper risk management*
EUR/CHF LONG from .9724EUR/CHF has found support from the 100 EMA on H1 (at the open last night) and is heading north.
The 25 and 50 EMA'son H1 are together and below the price and this will give strength to EUR/CHF BULLS.
The 15M Pivot Point Supertrend is BULLISH and the Andean Oscillator has seen the green BUY signal line cross the red SELL earlier this morning and the green BUY and the signal are locked together and rising as the red SELL line flat lines.
We have a STOP under the 100 EMA on H1 and a target of WR1 which is 62 pips above the currenct price.
There's no scheduled news due until we have the US CB Consumer Confidence at 14:00 so there's nothing to on the horizon that may send the EURO south so I expect to see the price rise steadily on this pair over the next 24 hours.
EURCHF intraday dips continue to attract buyers.EURCHF - 24h expiry
Setbacks should be limited to yesterday's low.
Our short term bias remains positive.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
The dip was bought into but, the rally has also stalled.
We look to buy dips.
50 4hour EMA is at 0.9583.
We look to Buy at 0.9583 (stop at 0.9561)
Our profit targets will be 0.9638 and 0.9648
Resistance: 0.9600 / 0.9620 / 0.9632
Support: 0.9575 / 0.9560 / 0.9545
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 price action ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bearish market structure from daily perspective, so I look for a short. I expect bearish price action from here as price filled the imbalance and mitigated bearish order block. My target is the imbalance lower around 0.94500.
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EURCHF: Clean Bullish Move In Process! OANDA:EURCHF in our first published idea on eurchf we had identified a key level and price hit that level successfully and that idea was closed immediately. Now we are looking for swing move as we have strong buying bias and can expect price to fill the liquidity void in longer time frame. What do you think?
EURCHF intraday dips continue to attract buyers.EURCHF - 24h expiry
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 4hour EMA is at 0.9588.
The sequence for trading is higher highs and lows.
Risk/Reward would be poor to call a buy from current levels.
We look to Buy at 0.9589 (stop at 0.9567)
Our profit targets will be 0.9644 and 0.9654
Resistance: 0.9622 / 0.9635 / 0.9650
Support: 0.9579 / 0.9565 / 0.9550
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.