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Eurchfshort

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
EURCHF: This week directional bias seeking sellside liquidity EURCHF has just purged a buyside liquidity pool, and I'm expecting price to trade lower to fill in the sellside inefficiency below. Confluences : 1. We have a short term equal low that formed a on the four hour TF after the inefficient price delivery in the most concluded bullish price leg. I'm looking forward to see price trade lower to seek liquidity below the lows this wee. 2. we just had a liquidity purge, but we haven't seen the smartmoney edge, meaning (Take out their existing long position to go short). I'm looking for the high of the week to definitely form by taking out the short term high created after the purge. 3. After the smart money edge, I'm expecting a displacement to the downside, there I'll be capitalizing on any premium P.D-Arrays to short the market. Conclusion : EURCHF directional bias for this week is bearish, taking short opportunities likely to be is highly probable than longs for the week. StefanFX
Short
by stefan143
2
EURCHF to be capped by yesterday high.EURCHF - 13h expiry - We look to Sell at 0.9944 (stop at 0.9971) Rallies should be capped by yesterday's high. The bearish engulfing candle on the daily chart is negative for sentiment. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Posted a Double Top formation. Bearish divergence is expected to cap gains. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 0.9877 and 0.9867 Resistance: 0.9900 / 0.9925 / 0.9945 Support: 0.9864 / 0.9840 / 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