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Eurchfshort

EURCHF to break lower?EURCHF - Intraday - We look to Sell a break of 0.9824 (stop at 0.9846) Short term bias has turned negative. The trend of lower intraday highs has also been broken. A break of the recent low at 0.9825 should result in a further move lower. We look for losses to be extended today. The bearish engulfing candle on the daily chart is negative for sentiment. Our profit targets will be 0.9771 and 0.9761 Resistance: 0.9865 / 0.9880 / 0.9900 Support: 0.9850 / 0.9825 / 0.9810 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.
Short
by OANDA
EURCHF's intraday higher lows broke. EURCHF - Intraday - We look to Sell a break of 0.9824 (stop at 0.9846) Short term bias has turned negative. The trend of lower intraday highs has also been broken. A break of the recent low at 0.9825 should result in a further move lower. We look for losses to be extended today. The bearish engulfing candle on the daily chart is negative for sentiment. Our profit targets will be 0.9771 and 0.9761 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. Resistance: 0.9850 / 0.9865 / 0.9880 Support: 0.9825 / 0.9810 / 0.9790
Short
by OANDA
1
EURCHF short … for the week of 12 Dec 2022I have been watching this pair for the past 2 weeks, as it has been grinding lower. Recently it has been consolidating around 0.9820 region. It has now broken below the trendline, it is already below the 200dma and the final hurdle is the strong support zone that I have marked. A break and close below the zone will encourage me to take a short to the next support located in the 0.9490 area. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and share your thoughts!!
Short
by Trading_Vista
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! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
22
Selling EURCHF at previous support.EURCHF - 11h expiry - We look to Sell at 0.9829 (stop at 0.9852) Short term bias has turned negative. Previous support at 0.9830 now becomes resistance. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 0.9772 and 0.9762 Resistance: 0.9780 / 0.9800 / 0.9830 Support: 0.9760 / 0.9745 / 0.9725 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.
Short
by OANDA
Selling EURCHF into resistance.EURCHF - Intraday - We look to Sell at 0.9887 (stop at 0.9908) Short term bias has turned negative. Bespoke resistance is located at 0.9890. Preferred trade is to sell into rallies. Our profit targets will be 0.9832 and 0.9822 Resistance: 0.9870 / 0.9890 / 0.9905 Support: 0.9840 / 0.9820 / 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.
Short
by OANDA
Selling EURCHF downtrend.EURCHF - 11h expiry - We look to Sell at 0.9906 (stop at 0.9931) Broken out of the triangle formation to the downside. Trend line resistance is located at 0.9907. We look for a temporary move higher. Preferred trade is to sell into rallies. Short term bias has turned negative. Our profit targets will be 0.9848 and 0.9838 Resistance: 0.9880 / 0.9910 / 0.9925 Support: 0.9845 / 0.9830 / 0.9820 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.
Short
by OANDA
EURCHF in a descending triangle.EURCHF - 14h expiry - We look to Sell at 0.9915 (stop at 0.9935) Trades with a bearish descending triangle formation. Trend line resistance is located at 0.9915. Preferred trade is to sell into rallies. Our profit targets will be 0.9865 and 0.9855 Resistance: 0.9880 / 0.9910 / 0.9925 Support: 0.9864 / 0.9851 / 0.9820 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.
Short
by OANDA
1