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Swiss

GBPCHF - Triggered short. Start of a recovery or chance to sell?DAY TRADE - EXPIRES AT 9PM UK Trade Idea Trading within a Bearish Channel formation. A break of bespoke support at 1.2341, and the move lower is already underway. Bespoke resistance is located at 1.2387. The bias remains mildly bullish but there is scope for a move in either direction at the open. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.2385, resulting in improved risk/reward. Expect trading to remain mixed and volatile. We look to Sell at 1.2325 Stop: 1.2375 Target: 1.2225 Target 2: 1.2150
Short
by Signal_Centre
8
EURCHF - Selling strength this morning.DAY TRADE - EXPIRES AT 9PM Trade Idea Broken out of the triangle formation to the downside. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. We look for a re-test of the upward trending resistance. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.1105, resulting in improved risk/reward. The conflicting views have resulted in the immediate outlook being hard to interpret. We look to Sell at 1.1105 Stop: 1.1125 Target 1: 1.1055 Target 2: 1.1020
Short
by Signal_Centre
2
GBPCHF - Preferred trade is to sell into ralliesTrade Idea Broken out of the channel formation to the upside. Bespoke resistance is located at 1.2532. There is scope for mild buying at the open but gains should be limited. A higher correction is expected. Although we remain bearish overall, a correction is possible without impacting the trend lower. Preferred trade is to sell into rallies. We look to Sell at 1.2530 Stop: 1.2570 Target 1: 1.2360 Target 2: 1.2305 Trade ideas & daily market report July 9th 2019 Market highlights Reduced expectations of aggressive Fed easing continued to support the US currency during Monday, although ranges were narrow. Equity markets lost ground as expectations of aggressive Fed rate cuts declined further. Demand for the yen and Swiss franc weakened slightly as US bond yields edged higher with the Euro also unable to make headway. Gold prices also declined as bond yields increased and the dollar maintained a firm tone. Oil prices gained some support from Iran tensions, but failed to hold gains. Commodity currencies were unable to make headway amid a solid US currency tone with Sterling also losing ground. Bitcoin pushed above $12,000 which helped trigger further buying.
Short
by Signal_Centre
CHFJPY - SWING - 08. MAY. 2019WELCOME TO DACAPITAL-TRADING! CHFJPY FOREX BREAKDOWN 08 MAY 2019 1 HOUR Found a support right now, we need a market turn! 4 HOUR Bearish market for a couple of days turning bullish now. DAILY Strong Support can hold right now, looking for upside momentum! SWING SETUP BUY CHFJPY ENTRY @ 108.200 SL @ 107.610 TP @ 111.200 RR: 5.10 (Use normal Risk!) IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
Long
by DACapitalTrading
USDCHF Short - Monster shortUSDCHF Short - From the prior swing low on January 10th to the current swing (and multiyear) high is a 99-day move. This is exactly in line with Gann’s 90-day cycle of the inner year – a powerful reversal cycle. - There is a square of price and time at 1.0156 on the date of April 25th. Because we are more than halfway through the current time pivots, the April 25th pivot is appropriate to expect a reaction off the square of price and time. - Parabolic rise over exactly 30 days. - Highest Composite Index reading since November of 2016, highest RSI reading since May of 2018 – Extreme overbought conditions. - Below average daily volume over the past 17 trading days. - Full Moon appears on April 19th - the USDCHF is hypersensitive to selloffs when it is trading at or near short/longterm swing highs. Massive conditions for taking heavy shorts here.
Short
by itsjustanalysis
2