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Eurchfsignal

EURCHF Trade Plan: Sell After Breakout ConfirmationEURCHF decline in a five-wave impulse pattern and also trading below the daily resistance zone. Price is retracing the impulsive decline and has the potential to retest the resistance level . Look for the breakout of the counter trend line and the green level for sell trade confirmation. The breach of the red line will invalidate the bearish outlook. Do you like this analysis? Support it with your "like" and engage in the comment section. Thank You! Veejahbee.
Short
by Veejahbee
1
EUR/CHF - ready for another break to the downside?EUR/CHF has been interacting with the descending weekly trend zone for the past six weeks. We have seen no break to the upside from the descending weekly zone which may mean there is a lack in bullish momentum to break through. Since 2018, every ascending or ranging market that has then met the descending weekly trend zone has broken to the downside. We will continue to expect this precedent until we get a clear indication of a break to the upside. Although last week was relatively bullish, as price did not close above 1.0845 we are still anticipating a bearish turn in the Euro and therefore a break to the downside, however we will be looking for further confirmation of bearish rejection before entering. Once we have a clear sign we will complete a second analysis on this currency pair.
by TheForexFellows
2
EURCHF, daily timeframe, buy above the kumo cloudHello my friends, I just got this fresh from the oven of my tradingview forex screener. This pair has been in consolidation for 6 weeks and yesterday candle finally showing some strength in bulls. We got all the confirmation needed to take a long position. 1st confirmation is price above the kumo cloud so we only looks to buy. 2nd confirmation is Parabolic SAR finally switched from above the price to below it, indicating buying pressure Buy EURCHF at 1.0800 Stop loss at 1.0745 Take profit 1 @1.0855 Take profit 2 @1.0910 Use only 1-2% risk Good Luck Disclaimer : I am buying this pair from 1.0800
Long
by HayatoDragonFX
1
EURCHF - BULLISH BIASEUR - BULLISH 1️⃣ Euro was supported by a stronger-than-expected Eurozone's business survey in August, as well as broad dollar weakness in the aftermath of Federal Reserve Chairman Jerome Powell's speech at Jackson Hole. 2️⃣ The US Fed chief also warned about increasing downward risks to employment and inflation due to the pandemic. CHF - BEARISH 1️⃣ The global risk sentiment remained well supported by hopes of a potential vaccine and treatment for the COVID-19 virus. This coupled with a positive trade-related development further boosted investors' confidence. ===== TECHNICAL ===== - We are looking to long EURCHF on SMA100 area + RBS level on H1 chart. - EURCHF in bullish zone. ===== RISK TO THIS TRADE ===== - This trade will hit stop loss if USD make a comeback or markets sentiment turns to risk-off mode that will boost CHF performance.
Long
by MonsunAsia
2
EURCHF - BEARISH BIASEUR - BEARISH 1️⃣ Investors turned to the greenback amid escalating tensions between the world's largest economies after President Donald Trump banned US transactions with two of the most popular Chinese apps, citing national security reasons. CHF - BULLISH 1️⃣ Swiss consumer confidence index improved from a record low. 2️⃣ Diminishing hopes of a swift US economic recovery from the coronavirus pandemic forced investors to continue dumping the USD. ===== Technical ===== - We looking to short EURCHF on SBR level + SMA50 area. - EURCHF in bearish zone.
Short
by MonsunAsia
EUR/CHF's Long setup.Hey, I am back with another forex idea, this time looking at EUR/CHF. I really do like to trade EUR/CHF because it's pretty easy to read and has small spread. The people that follows by now know, that I expected EUR/CHF to have a breakout and made a good profit on this move This pair is in uptrend, so we are looking mostly for long trades. Now the pair is testing good known support area, from where I am going to long it, if this support area breaks, I am buying 1.07100 area. Entry 1.07480 - 1.07600 Take profit 1.07900 - 1.07960 (30-48 pips) And that's it, don't forget to follow me, in order not to miss my setups!
Long
by TiborVrbovsky
EURCHF CORRECTING FOR MORE UPSIDE?!**ENG** - Price breaking and retesting our ex-resistance zone/38,6% FIB level, if price closes above this same level with a big candle leg, we could see the bullish move starting. - Right now we are only looking, wait for a candle pattern to confirm the entry. **PT** - Preço a quebrar e a efetuar o retest na nossa ex zona de resistência / 38,6% nível do FIB, se o preço quebrar acima deste mesmo nível com uma perna longa, poderemos ver então a continuação do nosso movimento bullish. - Neste momento estamos apenas à procura de longs, um padrão de candle (morning star, bullish engulfing, etc), será o suficiente para efetuar uma entrada!
Long
by Wevesting
1
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