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Eurchflong

EUR/CHF Technical Analysis.Currently, EUR/CHF is trading at 1.0754. The pair started a new up trend after breaking the resistance level at 1.0642. Previously, the pair was trading in down trend by making lower low higher high pattern in the resistance and support wedges. As the pair has already started a new up trend by breaking the resistance level, so its first target price was at 1.0719 and second target price was at 1.07663. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5
EURCHF H4 LONG PRICE ACTION FORECAST After the breakout of the descending wedge pattern, an incredible rally has been experienced by this pair. With explicit overextended price action and the most recent candle under the H4 timeframe signaling some exhaustion, a healthy correction should come into play. A correction to the FIB level for a new bullish impulse allows the following setup. The order: Type: buy-limit S/L: 30 pips - R:R | 1:3 - T/P: aiming towards the descending trendline from D1 -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
EUR/CHF Technical Analysis.Currently, EUR/CHF is trading at 1.0685. The pair started a new up trend after breaking the resistance level at 1.0647. Previously, the pair was trading in down trend for a long time in the descending resistance and support wedges. As the pair has already started a new up trend after breaking the resistance level, its first target price is at 1.0729 and second target price will be at 1.0779. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5
EURCHF H4 LONG PRICE ACTION FORECAST After the descending wedge pattern breakout, we could expect the retest of the descending trendline from the pattern for an uptrend continuation. The price structure allows the setup of a long entry with an excellent R:R. The price action has got rejected from a strong support level from the weekly realm, allowing the confirmation of an uptrend momentum. The order: Type: sell-limit S/L: 26 pips - R:R | 1:2 - T/P: aiming towards a support trendline. -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
EUR/CHF - Swing trade from Falling wedge.Hey, another Forex idea, not for today, but for the next week. EUR/CHF is in a Falling wedge which is a bullish formation. This is a swing trade that can take a week. Optimal entry area 1.06000 - 1.06160 Second entry area Buy the breakout of the Falling wedge downtrend line. Take profit area 1.07470 - 1.07600 Make sure to follow me in order to not miss out on my future regular setups. If you found this setup useful, please don't forget to leave a like! 🙌
Long
by TiborVrbovsky
2
EURCHF FUNDAMENTAL AND TECHNICAL IDEAGood day everyone Here's an idea on the EURCHF pair, The EURO has been strong against most major counterparts in the previous weeks in which global sentiments and the counter currency flow where the main drivers. . . > With the European Central Bank (ECB) we saw some short-term buying for the EURO on Thursday. > As i had mentioned the EURO has had some strong gains as we saw it hit 3 months high on Friday against the dollar after the European Central Bank (ECB) expanded its stimulus programme > INVEST.COM - Head Of Mizuho Bank Peter Chatwell " The EURO will keep rallying and more towards $1.20 ,adding that ECB ha " dramatically" supported the EURO by reducing tail risk . . . EURCHF support for the EURO was bolsted on wed when Germany launched a 130 Billion EURO stimulus packaged after last months supporting a European union recovery fund that would bring the bloc closer to a fiscal union , EURCHF hit 5 months high while the European single currency rose to 13 month high against the EURJPY.. . . . We broke resistance level 1.08636 just above 1.618 fib ext level pushed down for a retest of this level now support in the pair possibly signalling continuation to the upside so i will be looking for long entries in the pair... target 1 - 1.09175 target 2 - 1.09664 sl & entry - follow your rules RISK-MANAGEMENT period - swing
Long
by PULEMokhothu
2
EURCHF - SWING - 06. JULY. 2020Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Bullish price action this week. 4 HOUR Turned from previous lows, expecting more upside. DAILY Jumping on bullish train, good long entries! - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.06470 SL @ 1.06170 TP @ 1.06890 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
21
EURCHF GREAT potential tradeWelcome to the EURCHF LONG POTENTIAL TRADE . As we can see in the charts we have a strong support zone here which was previous daily resistance (green) below we have huge monthly support as above in red we have a weekly resistance which willbe our target. According to the impulse move upwards, the .786 fib lines up perfectly with bottom of support so it might hit that area first before going upwards. I will be entering this trade upon break of the falling triangle structure or test of .786 fib for a low risk LONG position, with targets along the way upto the red resisance zone. From a commitment of traders perspective, EUR has been getting stronger while CHF has been weakening hence a huge potential for upside and we see a slowening of the downward action. Hope you guys like the analysis! Your support is highly appreciated, and any feedback is more than welcome (positive or negative)
Long
by Leezz
EURCHF Bullish Bounce Occurring!!! Long Opportunity!!!We can see that price level is currently very near the 50MA (Yellow Line) which I believe we will see a nice rejection off this level, heading for the upside. Yesterday's candle was rather interesting with a doji candle close signalling to us that a potential reversal can possibly take place. EURCHF trend line is also yet to be broken with yesterday's candle testing that price level, with a nice rejection. As of now, I see a nice BULLISH opportunity with price potentially making a breakout from 50.0 fib level which it tested several times. That is because we can see a strong resistance level there as well. I will be trading the bullish movement for now, taking note of price action when it reaches closer to 50.0 fib level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Long
by YGForex