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Eurochf

EURCHF will go DOWN by Rising Wedge Pattern!!!EURCHF managed to form a rising wedge pattern near the 🔴 resistance zone 🔴 and the downtrend line . EURCHF managed to break the lower line of the rising wedge pattern. I expect EURCHF will go DOWN again to the 🟢 heavy support zone 🟢. 🔅Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Short
by pejman_zwin
24
EURCHF growth by Falling Wedge Pattern🚀EURCHF managed to form a Falling Wedge pattern near the 🟢heavy support zone🟢. I expect EURCHF to grow up to at least the downtrend line after breaking the upper line of the falling wedge pattern. 🔅Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Long
by pejman_zwin
15
Why is it better for Europeans to keep their savings in CHF ?Why is it better for Europeans to keep their security/savings in Swiss francs rather than in euros? Hi everyone, An idea that’s a little different from usual, but today I wanted to explain why it is better for Europeans to keep their security/savings funds in Swiss Francs rather than in Euros. Let's start with some history. A strong economy, low debt and high foreign investment all combine to make the Swiss franc a strong currency and a safe haven. But the strength of the Swiss franc is not new. Today's Swiss franc draws its strength from its long history, from its economic ties with Switzerland and its main partners. Strong vs. weak currency The notion of a strong currency is quite relative: a currency can be strong against one currency, and weak against another. The euro is strong against the Japanese yen but weak against the Swiss franc. Let’s take the EUR/CHF pair as an example (in other words, what one euro is worth after conversion into Swiss francs). At the beginning of 2008, it cost about 1,638 Swiss francs to obtain 1,000 euros, whereas today it costs only 984 Swiss francs to obtain the same amount. While in absolute terms these two currencies can be considered strong, the Swiss franc has won the match against the euro over the last decade with a positive evolution of the exchange rate against the single currency. Once we understand the concept of the exchange rate between currencies and its constant fluctuation, it is not very complicated to start to have a small idea of where we want to go to benefit from it. Why is the Swiss franc so powerful? In the case of Switzerland, three important factors explain the robustness of the Swiss franc compared to other currencies: - The economic growth ; rather in good shape in comparison with the rest of the world and has managed to get through the last few crises without too much damage. - Low debt ; despite the crisis, Switzerland's debt level remains well below that of its European counterparts. While Switzerland's debt ratio does not exceed 30% of GDP, those of its neighbours soar to 116.3% for France and 153.5% for Italy. - The stability of the geopolitical context ; Unlike some monetary zones that are relatively unstable due to geopolitical factors and/or galloping inflation, Switzerland is reassuring because of its great economic and political stability. A correlation between the Swiss franc and the N100 (Euronext 100 index)? Yes, but not only that, it seems obvious from the different developments of these two assets that a correlation link is indeed present. It is relatively simple to explain. We can observe that in the past, when the N100 performs well, it attracts investors and at the same time, it increases the strength of the euro and therefore decreases the strength of the Swiss Franc. In times of economic uncertainty or recession, however, investors flee the N100 and the euro to seek refuge (hence the term "safe haven") in the Swiss franc. The strength of the Swiss franc then increases and allows the investor to continue to gain purchasing power. We can also add to this that it is a very good way for European investors who wish to keep their savings liquid to fight inflation. Indeed, in 2021, the average inflation in the euro zone was 5% while the Swiss franc rose by 4.47% against the euro. We can therefore deduce that a European who has left his liquid assets in euro has lost 5% of his purchasing power, whereas a European who has converted his liquid assets into Swiss Francs has only lost 0.53% of his purchasing power. So why is it important to keep your savings in Swiss francs? If you want to keep your savings liquid while avoiding taking too much risk, it seems obvious to me that keeping them in Swiss francs is the best solution. The Swiss franc, compared to the euro, has all the advantages of a financial investment, while retaining the liquidity of a currency. It is obviously less risky than gold or commodities and provides an average annual return of about 3% over the last ten years. It is a good way to convert these investments into cash during recessions, but also to fight inflation during periods of uncertainty or to protect savings against the rising cost of living. How to find the best conversion point? Technical analysis lovers, it's up to us, let's start with this obvious bearish channel presented since early 2018. We can observe that the Swiss franc is gaining more and more strength against the euro and continues to oscillate within this channel. At the time of writing this article (November 11, 2022) we could observe during the last month a bullish reversal pattern which has not been validated yet, but which came to test the resistance n°1 (0.99453CHF). For the time being, even with this reversal figure in daily time unit, the euro remains bearish against the Swiss franc. It is therefore still interesting to convert savings into Swiss francs. We can consider a reversal when the euro breaks the 5 resistances and especially when we have a confirmed breakout from the top of the bearish channel. From a more macroeconomic point of view, we have observed a correlation link between the N100 and the EUR/CHF, we can thus deduce that when the N100 performs, the euro gains strenght and it becomes more advantageous to keep its savings in euros. When the N100 falls, the euro falls and the Swiss franc becomes stronger. The best conversion point is therefore logically the transition from a period of sustainability for the euro zone, to a period of uncertainty. This is what we saw on 24 February following the Russian invasion of Ukraine. How can you increase your profitability by combining the Swiss franc with your investments? Let's assume that you are an average French investor, you have invested part of your savings in an ETF/Tracker representing the 40 largest French companies (Lyxor CAC 40 (DR) UCITS ETF) . You then obtain an average return of 14.36%, smoothed over the last 10 years. Although this is already a very good performance, like many investors you are suffering from the covid crisis + the Ukrainian geopolitical context which has been causing the markets to fall for over a year now. During this last year, you would have lost 5.69% due to an economic recession. If we assume that you know that when the markets are down it is better to convert your investment back into cash and more specifically into Swiss Francs, you would have validated your gains of the previous 9 years, i.e. 149.34% which you would have converted into Swiss Francs. In one year, you would have earned 7.07% more on your investment. Therefore, you would have gone from a smoothed return of 14.36% to 15.64% over the last 10 years. So you can see that combining investments with safe havens in times of crisis can help you boost your profitability. We can also add that over the last 10 years you could have converted your investment during the covid period (March 2020) which would have further increased your profitability. Conclusion The Swiss franc is your ally, so use it! Whether it is to protect your savings from inflation or to boost your profitability during periods of economic downturn, the Swiss franc is a very powerful lever for your finances and your investments. It allows you to maintain a certain amount of liquidity while suffering from more moderate inflation than in the euro zone. Disclamer I would like to remind you that if you are domiciled in France or Monaco, you must declare to the tax authorities any accounts opened, held, used (at least once) or closed during the year abroad. THIS IS NOT INVESTMENT ADVICE ! If you have any questions, I remain at your disposal in the comment space. **************** French version **************** Pourquoi est-il préférable pour les Européens de conserver leurs fonds de sécurités/épargnes en franc suisse plutôt qu’en euros ? Bonjour à tous, Une idée un peu différente de d’habitudes, aujourd’hui je souhaitais vous expliquer pourquoi est il préférable pour les Européens de conserver leurs fonds de sécurités/économies en franc suisse plutôt qu’en euros. Commençons par un peu d'histoire. Une économie forte, un faible endettement et des investissements étrangers élevés réunissent tous les ingrédients pour faire du franc suisse une monnaie forte et une valeur refuge. Mais cette force du franc suisse n'est pas nouvelle. Le franc suisse d'aujourd'hui tire sa force de son histoire ancienne, de ses liens économiques avec la Suisse ainsi que de ses principaux partenaires. Monnaie forte vs monnaie faible La notion de monnaie forte est assez relative : une monnaie peut être forte par rapport à une monnaie, et faible par rapport à une autre. L’euro est fort par rapport au Yen japonais mais faible par rapport au franc suisse. Si l’on prend comme exemple la paire EUR/CHF (autrement dit, ce que vaut un euro après conversion en franc suisse). Il fallait débourser environ 1 638 francs suisses début 2008 pour obtenir 1000 euros, tandis qu’il suffit aujourd’hui de débourser 984 francs suisses pour obtenir la même somme. Si dans l’absolu ces deux monnaies peuvent être considérées comme fortes, le franc suisse remporte le match face à l’euro au cours de la dernière décennie avec une évolution positive du taux de change face à la monnaie unique. Une fois cette notion de taux de change entre les devises, ainsi que de cette perpétuelle fluctuation de ce dernier comprise, il n’est déjà pas très compliqué de commencer à avoir une petite idée d'où nous souhaitons aller pour en tirer profit. Pourquoi le franc suisse est-il si puissant ? Dans le cas de la Suisse, trois facteurs importants viennent expliquer la robustesse du franc suisse par rapport à d’autres monnaies : - la croissance économique  ; plutôt en forme en comparaison avec l’international et qui a su traverser les dernières crises sans trop de dommages. - le faible endettement  ; malgré la crise, le niveau d’endettement de la Suisse reste bien inférieur à celui de ses homologues européens. Si le taux d’endettement de la Suisse ne dépasse pas les 30% du PIB, ceux de ses voisins s’envolent avec 116,3% pour la France et 153,5% pour l’Italie. - la stabilité du contexte géopolitique ; Contrairement à certaines zones monétaires relativement instables en raison de facteurs géopolitiques et/ou d’une inflation galopante, la Suisse rassure de par sa grande stabilité économique et politique. Un lien de corrélation entre le franc suisse et le N100 (Euronext 100 index) ? Oui, mais pas que, il parait évident aux vues des différentes évolutions de ces deux actifs qu’un lien de corrélation est bien présent. Il est relativement simple à expliquer. Nous pouvons observer que dans le passé, lorsque le N100 performe il attire des investisseurs, par la même occasion, il fait augmenter la puissance de l’euro et contribue donc à faire diminuer la puissance du franc suisse. Tandis que lors des moment d’incertitude économique ou bien de récession, les investisseurs fuit le N100 ainsi que l’euro pour se réfugier (d’où le terme de monnaie refuge) en franc suisse. La puissance du franc suisse augmente alors et permet au investisseur de continuer à gagner du pouvoir d’achat. Nous pouvons également ajouter à cela que c’est un très bon moyen pour les investisseurs européens qui souhaitent garder leurs épargnes liquides de lutter contre l’inflation. En effet en 2021, l’inflation moyenne dans la zone euro a été de 5% tandis que le franc suisse à augmenter de 4,47% par rapport à l’euro. Nous pouvons donc en déduire qu’un Européen qui a laissé ces liquidités en euro a perdu 5% de pouvoir d’achat sur ces dernières tandis qu’un Européens qui aurait converti ces liquidités en franc suisse n’aurait quant à lui perdu que 0,53% de son pouvoir d’achat. Pourquoi est-il donc important de conserver son épargne en franc suisse ? Dans le cas où vous souhaiter garder votre épargne liquide tout en évitant de prendre des risques trop importants, il me paraît évident que la conserver en franc suisse sera la meilleure des solutions. Le franc suisse par rapport à l’euro, a tous les avantages d’un placement financier, tout en gardant la liquidité d’une monnaie. Il est évidemment moins risqué que l’or ou les matières premières et permet d’obtenir sur ces dix dernière un rendement annuel moyen d’environ 3%. C’est un bon moyen de convertir ces investissements en cash lors des récessions, mais également de lutter contre l’inflation lors des périodes d’incertitudes ou encore de protéger son épargne contre l’augmentation du coût de la vie. Comment trouver le meilleur point de conversion ? Amateur d’analyse technique, c’est à nous, commençons par cet évident canal baissier présenter depuis début 2018. Nous pouvons observer que le franc suisse prend de plus en plus de puissance par rapport à l’euro et continue d’osciller à l’intérieur de ce canal. À l’heure où j’écris cet article (le 11 novembre 2022) nous avons pu observer lors du mois dernier une figure de retournement haussière qui n’a pour l’instant certes pas été validée, mais qui est venue tester la résistance n°1 (0.99453CHF). Pour l’instant, même en présence de cette figure de retournement en unité de temps journalière, l’euro reste baissier par rapport au franc suisse. Il reste donc intéressant de convertir son épargne en franc suisse. Nous pourrons envisager un retournement lorsque l’euro viendra casser les 5 résistances et surtout lorsque nous aurons une cassure confirmée par le haut du canal baissier. D’un point de vue plus macroéconomique, nous avons pu observer un lien de corrélation entre le N100 et l’EUR/CHF, nous pouvons en déduire que lorsque le N100 performe, l’euro prend de la puissance et il devient donc plus avantageux de garder son épargne en euros. Tandis que lorsque le N100 régresse, l’euro chute et donc le franc Suisse prend plus de puissance. Le meilleur point de conversion est donc en toute logique le passage d’une période de pérennité pour la zone euro, à celle d’une période d’incertitude. C’est ce que nous avons pue observer le 24 février dernier suite à l’invasion de l’Ukraine par la Russie. Comment augmenter sa rentabilité en combinant le franc suisse à ses investissements ? Partons du principe que vous êtes un investisseur français lambda, vous avez placé une partie de vos économies sur un ETF/Tracker représentant les 40 plus grosses sociétés françaises ( Lyxor CAC 40 (DR) UCITS ETF ). Vous obtenez alors un rendement moyen lissé sur les 10 dernières années de 14.36%. Bien que ce soit déjà une très belle performance, comme beaucoup d’investisseur vous subissez la crise du covid + le contexte géopolitique ukrainien qui fait chuter les marchés depuis maintenant plus d’un an. Lors de cette dernière année, vous auriez perdu 5,69% dû à une récession économique. Si nous partons du principe que vous savez que lorsque les marchés s’essouffle qu’il est préférable de reconvertir votre investissement en cash et plus particulièrement en franc suisse, vous auriez alors validée vos gains des 9 années précédentes, cette à dire 149,34% que vous auriez alors converti en franc suisse. Ce qui en une année, vous aurez permis de gagner 7,07 % en plus sur votre investissement. Vous seriez donc passé d’un rendement lissé sur ces 10 dernières années de 14,36% à 15,64%. Vous comprenez donc que combiner l’investissement ainsi que les valeurs refuges en temps de crise peut vous aider à booster votre rentabilité. Nous pouvons ajouter à cela qu'au cours des 10 dernières années vous auriez également pu convertir votre investissement lors de la période du covid (mars 2020) ce qui aurez encore augmenter votre rentabilité. Conclusion Le franc suisse est votre allié alors utilisé le ! Que ce soit pour protéger votre épargne de l’inflation ou bien pour booster votre rentabilité lors des périodes d’essoufflement, le franc suisse est un effet de levier très puissant pour vos finances et vos investissements. Il permet de conserver une certaine liquidité tout en subissant une inflation plus modérée que dans la zone euro. Disclamer Je tiens à rappeler que si vous êtes domicilié en France ou à Monaco, vous devez déclarer à l'administration fiscale les comptes ouverts, détenus, utilisés (au moins une fois) ou clos dans l'année à l'étranger. CECI N'EST PAS UN CONSEIL EN INVESTISSEMENT ! Si vous avez des questions, je reste à votre disposition dans l'espace commentaire. **************** Thanks to Owen (owensn) for his help with the translation. ****************
Long
by UnknownUnicorn35464780
1
Any hope for a pull ? EUR/CHF 1D analysis 09/07/21Hello everyone , as we all know the market action discounts everything :) looking at the EUR/CHF chart and indicators we are getting a lot of bearish signs for the daily basis , where the market price is moving below the MA and RSI showing weakness in the market sitting at 31.79 . The MACD creating a bearish divergence on july 8th . we might see the market drop down to the range of 1.06655 hitting the first resistance line or even dropping even more and hitting 1.05060 hitting the second resistance line, looking at the bigger picture the EUR seems to formed a Flag pattern which indicates possible continuation of a previous trend but we need to wait for the conformation , and waiting a conformation on a Head and shoulder pattern that could be the move that pulls back the price back up ? if it is we will probably be seeing the price bouncing back and hitting the support line at 1.112 and maybe getting bigger momentum and hitting the second support at 1.146. Fundamental Point of View : In a report, Swiss Federal Statistical Office said that Swiss consumer price inflation rose to a seasonally adjusted 0.2%, from 0.3% in the preceding month. The forecast for the EUR/CHF remains bearish with rising inflation and a weaker-than-expected global economy combining for a turbulent summer. Interest rates may rise sooner than communicated by many central banks, adding to the debt problem. The CCI reached extreme oversold territory but has plenty of downside potential. Can bulls extend the sell-off in the EUR/CHF and force it into its horizontal support area? The bearish note in EUR/CHF is seen unchanged while below the 1.1002/05 band, suggested Axel Rudolph, Senior FICC Technical Analyst at Commerzbank. “EUR/CHF continues to recover from the 200 day moving average at 1.0883 and remains close to the 55 day moving average and April 12 low at 1.0969/75 above which the mid-March low and current June high can be spotted at 1.1002/05.” While trading below this area we will retain a medium-term bearish forecast. EUR/CHF is threatening a potential ‘head and shoulders’, which would be confirmed above downtrend resistance at 1.1003/04. This would end the Q2 move lower and turn the one-month risks higher for a move towards 1.1029, then 1.1077. The potential ‘measured base objective’ projects a move above here and roughly coincides with the 1.1118 corrective price high. With the 1.1153 high not far above, we would look for a cap in this zone. said FXstreet teams Make sure to Follow and Like for more content This is my personal opinion and not financial advice. If you have any questions please ask Thank you for reading.
Short
by GabiDahduh
EURCHF - BUYS - 9th September 2019Hi Traders, here is my analysis for EURCHF BUYs. The trade is not ready yet, but this is what I am looking to play out. Theres clear traffic straight into a resistance level for a start. For those who don't understand clear traffic, it is usually when a succession of candles of the same colour head into a zone, and price reverses to usually take out those candles from these key levels. If we combine this theory with 61.8% fibonacci retracement for some institutional buy orders, which are conveniently set at the break and retest of weekly support.. this looks good. Let's see what price does. :)
Long
by Bradmerry
A trading opportunity to sell in EURCHFMidterm forecast: While the price is below the resistance 1.1500, beginning of downtrend is expected. We make sure when the support at 1.1320 breaks. If the resistance at 1.1500 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis : A peak is formed in daily chart at 1.1475 on 04/23/2019, so more losses to support(s) 1.1385, 1.1355 and minimum to Major Support (1.1320) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 61. Trading suggestion: There is possibility of temporary retracement to suggested Sell Zone (1.1430 to 1.1475). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.1430) Ending of entry zone (1.1475) Entry signal: Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 1.1385 TP2= @ 1.1355 TP3= @ 1.1320 TP4= @ 1.1225 TP5= @ 1.1160 TP6= Free
Short
by ForecastCity
2
A trading opportunity to sell in EURCHFMidterm forecast: While the price is below the resistance 1.1500, beginning of downtrend is expected. We make sure when the support at 1.1320 breaks. If the resistance at 1.1500 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis : A peak is formed in daily chart at 1.1475 on 04/23/2019, so more losses to support(s) 1.1385, 1.1355 and minimum to Major Support (1.1320) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 61. Trading suggestion: There is possibility of temporary retracement to suggested Sell Zone (1.1430 to 1.1475). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.1430) Ending of entry zone (1.1475) Entry signal: Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 1.1385 TP2= @ 1.1355 TP3= @ 1.1320 TP4= @ 1.1225 TP5= @ 1.1160 TP6= Free
Short
by ForecastCity
2