Swiss
GBPCHF: Potential Long Trade Explained 🇬🇧🇨🇭
After a strong bearish movement,
GBPCHF formed a cute double bottom formation on 1H.
To trade the pattern wisely, wait for 1.2574 - 1.259 neckline breakout.
We need an hourly candle close above that.
Then buy on a retest.
Goal - 1.2635
Stop - 1.2535
In case of a bearish violation of the pattern's lows setup will be invalid.
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Eido = PNT PnetworkHere we go, this is a time for up.
Good acculumation, good chart and good swiss project !
Is it time for EU stocks to outperform US stocks again?Over the last years there were periods when US stocks outperform EU stocks and periods were EU stocks outperformed US stocks. Almost like a perfect oscillation. Currently EU stocks have been consolidating for quite some time and especially German stock, so maybe all stocks do well and EU ones do better. The secular trend when adjusted for EURUSD rates too, is still down for EU up for US, but in the short term EU ones look better.
I should just say EU ones, because Swiss stocks also look fantastic. They've been actually doing very very well and they look a bit like the DAX. Since 2000 DAX is up 100% vs EUR and 145% vs USD. SMI is up 45% vs CHF and 155% vs USD.
So to me there are two scenarios here as I don't think there is much downside. These stocks are somewhat undervalued both against themselves and against the US stock market, plus the ECB is really printing money and rates are super low which makes the stock market much more attractive than anything else.
USD/CHF:BEARISH CHANNEL|PRICE ACTION+FIBO ANALISY|SHORT SETUP 🔔The forecast for the USD/CHF remains bearish after price action moved below its Ichimoku Kinko Hyo Cloud, which has taken a bearish bias, expected to increase selling pressure. While volatility is likely to increase over the following few trading sessions, the Tenkan-sen and the Kijun-sen show signs of rising bearish momentum.
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EUR/CHF FORECAST FUNDAMENTAL ANALYSIS | SHORT TREND SETUP 🔔German Factory Orders for April are predicted to increase 1.0% monthly. Forex traders can compare this to German Factory Orders for March, which increased 3.0% monthly. Spanish Industrial Production for April is predicted to increase by 12.6% annualized. Forex traders can compare this to Spanish Industrial Production for March, which increased 12.4% annualized. Eurozone Sentix Investor Confidence for June is predicted at 26.0. Forex traders can compare this to Eurozone Sentix Investor Confidence for May, reported at 21.0.
The Swiss CPI for May is predicted to increase 0.3% monthly and 0.6% annualized. Forex traders can compare this to the Swiss CPI for April, which increased 0.2% monthly and 0.3% annualized.
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.
Can bulls extend the sell-off in the EUR/CHF and force it into its horizontal support area?
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short GBPCHF to 1.2650No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management
THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE)
Direct Message me for info.
FOLLOW SHARE LIKE IF YOU WANT MORE clean ideas
looking to make a change in all this guess work, want to make money and grow confidence when trading, let me know.
82fx
long USDCHF to 0.9262No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management
THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE)
Direct Message me for info. FOLLOW SHARE LIKE IF YOU WANT MORE
Follow and share for more clean ideas looking to make a change in all this guess work, want to make money and grow confidence when trading let me know.
82fx
LONG GBPCHF TO 1.2820No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management
THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE)
Direct Message me for info. FOLLOW SHARE LIKE IF YOU WANT MORE
Follow and share for more clean ideas looking to make a change in all this guess work, want to make money and grow confidence when trading let me know.
82fx
EUR/CHF: PRICE ACTION IN HIGH TIMEFRAME , PRICE WILL GROW ? 🔥Welcome back Traders, Investors, and Community!
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USDCHF | LONG-Values-
Entry Range: 0.89896 - 0.88857
Average Entry: 0.89164 (RRR: 1.91)
Stop Loss: 0.87765
Profit Target: 0.91860
-HOW TO ENTER MY TRADES-
1. Ladder your entries.
You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled.
2. Only first touches are valid.
If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid.
Example:
Trade Idea:
Valid and Invalid Entry:
GBFCHF Reversed Head & Shoulder and go up My advisor Marketmiracle generated a LONG signal on GBPCHF with a target of 1,2854
Although the previous signal has not yet given the expected results of this fact and this fact is a confirmation of the previous, analyzing the graph it would seem that even the premises of basic technical analysis are there.
The price seems to draw an upside down head and shoulders, is close to the previous lower support and is about to cross a dynamic support of much longer period.
If this is not enough, the moving average at 200 periods is immediately below the price.
As far as cash flows are concerned, these are increasingly being supported by large investors in favour of the GBP appreciation.
Let’s see if even this time the price will continue to fall.. I think not.
CHF - FUNDAMENTAL DRIVERSFUNDAMENTAL BIAS: BEARISH
1. Developments surrounding the global risk outlook
As a safe-haven currency, the market's risk outlook is the primary driver of CHF. Swiss economic data rarely proves market moving; and although SNB intervention can have a substantial impact on CHF, its impact tends to be relatively short-lived. Additionally, the SNB are unlikely to adjust policy anytime soon, given their overall bearish tone and a lack of meaningful developments regarding economic data.
The market's overall risk tone is improving with coronavirus vaccines being rolled out as well as the unprecedented amount of monetary policy accommodation and fiscal support from governments. Of course, risks remain as many countries are now battling third waves of the virus - most notably many countries in Europe. As such, there is still a degree of uncertainty and risks to the overall risk outlook which could prove supportive for the CHF should negative factors for the global economy develop; however, on balance the overall risk outlook is continuing to improve and barring any major meltdowns in risk assets the bias for the CHF remains bearish.
GBPCHF LONG No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management
THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE)
Direct Message me for info.
Follow and share for more clean ideas looking to make a change in all this guess work, want to make money and grow confidence when trading let me know.
82fx
CHF - FUNDAMENTAL DRIVERSFUNDAMENTAL BIAS: BEARISH
1. Developments surrounding the global risk outlook.
As a safe-haven currency, the market's risk outlook is the primary driver of CHF. Swiss economic data rarely proves market moving; and although SNB intervention can have a substantial impact on CHF, its impact tends to be relatively short-lived. Additionally, the SNB are unlikely to adjust policy anytime soon, given their overall bearish tone and a lack of meaningful developments regarding economic data.
The market's overall risk tone is improving with coronavirus vaccines being rolled out as well as the unprecedented amount of monetary policy accommodation and fiscal support from governments. Of course, risks remain as many countries are now battling third waves of the virus - most notably many countries in Europe. As such, there is still a degree of uncertainty and risks to the overall risk outlook which could prove supportive for the CHF should negative factors for the global economy develop; however, on balance the overall risk outlook is continuing to improve and barring any major meltdowns in risk assets the bias for the CHF remains bearish.