Swiss Performance IndexDaily Chart on the left side
After the drop it had nice recovery, followed by a sideward movement which the index left in the last days
Passed through the resistance at 12’556.21 (horizontal line) and at 12’572.12 (76.4% Fibonacci Retracement)
Golden Cross a few days ago
Weekly Chart on the right side
Uptrend since a few weeks
50 MA turned back upward
It looks as if it will soon reach its high of 17 February.
Swiss
EURCHF - Bullish Momentum! **Best trade for this week**It's been difficult month, majors stuck within ranges. However, explore the idea of the minor pairs. I've been trading this pair since last week. A break out - Wait for the pull back and get in for a great R/R (Risk/Reward) Trade opportunity. Remember - To control your own risk management. This is just a trade idea - Not a recommendation.
Have a great week ahead!!
[$BMW] Quitte ou double ? // Double or quits ?FR/EN ( below)
FR
Le stratège de la banque suisse, Nick Nelson, a passé en revue les secteurs de la cote.
Il est acheteur sur BMW, je suis plutôt neutre à date, pas assez d'indication sur un reversement de tendance clair et confirmé mais on peut être ambitieux ( attention :) )
En vue weekly, la tendance est toujours baissière est le rebond a été assez franc et test les 50€.
L'idée est d'observer si nous tenons le support ou ce prix marquant des 50€ sera un rempart qui ne pourra pas etre franchi dans l'immédiat.
Dans le cas de continuation baissière , une revisite des plus bas n'est pas à exclure 20 € étant le point psychologique cible.
Si on contraire, les acheteurs reviennent massivement et qu'on rebondi sur les précédents sommets de 2002 et 2007 , le prix se heurtera à une forte zone entre 65€ et 90€.
Est-ce seulement un creux pour repartir à la hausse et de recharger fortement l'un des fers de lance de l'automobile allemand ?
Dans les deux cas, on attend les confirmations aux échelles de temps qu'on souhaite.
En observation , la Tenkan Weekly refait support après cette grosse baisse.
Le Chikou est assez loin et nous donne pas beaucoup d'information à l'instant T .
En revanche, une mouvement assez similaire sur d'autres indices comme le $Bitcoin $ BTC ou l'$Ethereum dans le secteur de la crypto ( ex: ) montrent une évolution des prix progressive avec un passage de la Chickou Weekly à travers ce passage fin des nuages d'Ichimoku.
Cette finesse des résistances pourraient être une zone de passage dans un scénario haussier.
A voir comment tout cela se décante.
Donc Nick Nelson, je respecte votre opinion (les arguments sont là) en revanche, je resterai en attente avant de donner un quelconque signal sur du prix de l'action BMW
Ceci n'est évidemment pas un conseil en investissement
Stay Safe
PEACE !
--
EN
The Swiss bank strategist, Nick Nelson, has reviewed the sectors of the stock market.
He is a buyer on BMW, I'm rather neutral to date, not enough indication on a clear and confirmed trend reversal but one can be ambitious ( attention :) )
In weekly view, the trend is still bearish and the rebound has been quite frank and is testing the 50€.
The idea is to see if we can hold the support where the 50€ price will be a bulwark that can't be crossed in the immediate future.
In the case of a continuation of the bearish trend, a revisit of the lowest is not to be excluded, 20€ being the psychological target point.
If, on the contrary, buyers come back massively and we bounce back on the previous peaks of 2002 and 2007, the price will come up against a strong zone between 65€ and 90€.
Is this just a trough to start up again and to strongly recharge one of the spearheads of the German car industry?
In both cases, we're waiting for confirmations on the time scales we want.
In observation, the Tenkan Weekly is back on its feet after this big drop.
The Chikou is quite far away and does not give us much information at the moment T .
On the other hand, a rather similar movement on other indices such as the $Bitcoin $ BTC show a progressive price evolution with a passage of the Chickou Weekly through this fine passage of the Ichimoku clouds.
This fine resistance could be a passage zone in a bullish scenario.
Watch out !
So Nick Nelson, I respect your opinion (the arguments are there) on the other hand, I will stay on hold before giving any kind of orientation on BMW stock price
This is obviously not investment advice.
Stay Safe
PEACE!
Translated with www.DeepL.com (free version)
CAD/CHF (July 12)Price is at a key level and could be forming a double bottom. The level has already been tagged and rejected and now price is forming a lower time frame structure. There is potential for price to move up to the beginning of structure which is also a recent high.
USDCHF trend line break - long retestUSDCHF setting a limit order
Long: 0.94118
Target: 0.94531
S/L: 0.94028
Risking 2%
Check Related Idea below for Daily timeframe context
USDCHF big move inbound?#USDCHF
Fairly bullish on this guy, waiting for 0.9386 to break so I can get on board.
USDCHF - Selling rallies to the top of the channel USDCHF is Bearish - We look to Sell at 0.9423
▪️ Trading within a Bearish Channel formation.
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Bespoke resistance is located at 0.9423.
▪️ The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing.
▪️ Preferred trade is to sell into rallies.
Stop: 0.9443
Target1: 0.9330
Target2: 0.9300
CHF/JPY (July 5)We are in an ascending channel. If price breaks we can target the beginning of the structure but price could also push higher to form that double top formation before dropping.
NZD/CHF (July 5)Similar to the other NZD pairs, price is in a key area of value and it is likely we will se price react in this area. A first target would be the trend line and if we break, then we will look to reach the beginning of structure.
CAD/CHF (July 5)Price is potentially forming a continuation pattern and we would be looking for a third touch and candle rejection to then take this to the downside. We have also broken a bigger structure and price is in a correction following an impulsive leg.
SHORT USD/CHFHere we have a CupandHandle formation on a corrective downtrend, meaning that the market is slowly moving to the down side i would say that the best form to handle this one it to wait for the correction (handle) to brake and aim to the keylevel at 0.91831
Something like this set up where we first aim for the support line and then move to the keylevel
Breakout | EURCHF | BUYBreakout from triangle pattern on the EURCHF Chart.
TP1: 1.0683
TP2: 1.0713
TP3: 1.0764
SL: 1.0590
NZDCHF (June 28)Here on Kiwi Swiss we have rejected the bottom of structure and we could be heading to form a double top before continuing the higher timeframe move.
HUGE 371pip short on CADCHFToday I entered a huge huge 371pip short on CADCHF - with the reward risk ratio of 7.41.
I'm looking for a break of the marked 4H structure and for it to retest and continue down to the desired target of 0.66215. I know a lot of people will say this is ambitious, and I agree - but I from an analysis that I'm following and have checked out. I feel that this is a great opportunity for a longterm short.
Something I'll be keeping in mind would be the news coming from Canada on Wednesday - especially the CPI report which will certainly have some High Impact on the Pair.
Please let me know your guys thoughts!
*Please note this is my own personal analysis, and I strongly recommend that you carry out your own analysis before executing a trade. Please do not take this analysis as gospel.*
AUDCHF Bearish Bat shortAUDCHF bearish bat short on the 15 minute chart with T.P. points.
1) R/R = 2.31%
2) R/R = 2.92%
Is the Franc Bullish?The franc will weaken significantly.
Why?
Because most people think it will gain strength.
USDCHF going short for longterm tradesDollar vs Swiss is going short. This is my prediction based on pure technical analysis.
First take profit is roughly at 0.94578 and the final take profit would be at the major resistance line 0.91937. The perfect entry would have been at 0.95450, however one can enter at the current market price as long as you keep in mind that the stop loss is at 0.96271.
Lets see how the market pans out!
