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Eurchflong

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
EURCHF H4 LONG PRICE ACTION FORECAST -UPDATE-EURCHF was able to break the price compression in the descending wedge pattern formation. Breaking the resistance line with the further retest place the pair in a clear bullish bias. MACD under a clear divergence, and signaling a diminished bearish pressure for a long entry The order: Type: buy-limit. S/L: 23 pips - R:R | 1:2 - T/P: target next resistance level -- *** 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
EURCHF - SWING - 23. JUNE. 2020Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Strong break and retest of our main sr level. 4 HOUR Good pa and pressure, expecting further movement to the upside. DAILY Overall slowly dropping market about to change direction.. - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.06870 SL @ 1.06430 TP @ 1.07530 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
13
EURCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX