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Eurchflong

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.
Long
by fxtraderanthony
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!:)
Long
by PrimeTrading
4
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.
Long
by trading_jupiter
2
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.
Long
by fxtraderanthony
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.
Long
by forextraplaces
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.
Long
by OANDA
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.
Long
by OANDA
1
Just closed buys at EURCHFWhat's up folks, Just closed my buy on EURCHF Let me explain These are my confirmations\questions > Question 1 - Was EURCHF in momentum (bullish or bearish)? Yes, EURCHF is in bullish Momentum currently Question 2 - Who is interested (at this time)? Buyers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right below the highlighted levels (orange circle) Question 4 - Have those stop losses been taken out? Yes I believe Stop losses have been taken out already on EURCHF (orange zig zag line) Question 5 - Does the set up make sense for me to pursue? Yes I believe it makes sense for me to pursue this trade given the information I have The trade was closed at 1:1.52, not the biggest or best trade but after almost 2 days, it isn't doing much so I will take what I have and run with it I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader Downvote if you didn't read this post and didn't try to understand OR Upvote if you did read this post and did try to understand
Long
by Brandon_evo4
EUR/ CHF !! 24/1/2024 Accumulate for Uptrend ⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: The price has accumulated according to the H1 frame, touching the EMA line and trading stably above the EMA line supporting the upcoming Uptrend. ⭐️ SET UP EUR/ CHF PRICE: 🔥BUY zone: 0.94400 - 0.94250 SL 0.93800 TP1: 0.94700 TP2: 0.95000 TP3: 0.95300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Long
by Nova-Scalper
2
EUR/CHF: Deciphering Multi-Timeframe Dynamics EUR/CHF Technical Analysis 1. Monthly Chart Overview: Trend Analysis: The EUR/CHF pair on the monthly chart shows a significant overextension. This suggests that the market may be overstretched, and there's a heightened probability of a price retracement or correction. 2. Weekly Chart Insights: Fibonacci Levels: The weekly chart exhibits an even more pronounced overextension, with prices reaching the -0.618 Fibonacci retracement level. This is a critical technical point often associated with potential trend reversals or consolidations. Market Sentiment: The extended nature of the price at this level could indicate a sentiment of heightened bullishness, which often precedes corrections as markets tend to revert to mean values over time. 3. Daily Chart Analysis: Structural Shift: Contrasting with the longer-term charts, the daily chart indicates a shift in structure to a bullish trend. This suggests a short-term change in market momentum or sentiment. Implications: This shift could lead to short-term bullish opportunities. However, it's crucial to consider this in the context of the broader bearish sentiment indicated on longer time frames. 4. Conclusion and Potential Strategies: Market Synthesis: While the monthly and weekly charts suggest a need for caution due to potential overextension, the bullish signals on the daily chart offer opportunities for short-term trades. Trading Approach: Traders might consider short-term bullish positions, keeping an eye on key resistance levels from the longer-term charts. It's essential to employ strict risk management strategies, including the use of stop-loss orders, to mitigate potential losses from sudden market reversals.
Long
by Wiiso