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Swissfranc

EURCHF Medium-term Channel Up.The EURCHF pair has been following the pattern published 2 months ago and has entered into a medium-term Channel Up, while still trading within a multi-year Channel Down: Right now the price is near the Higher Lows (bottom) trend-line of the Channel Up, rendering it an automatic buy on low risk towards the 1D MA200 (orange trend-line) and if a candle closes above, then extension to the long-term Lower Highs trend-line (around 1.0600). If the price breaks below the Channel Up but as long as the 1.00920 Support holds, we should turn neutral until the 1D MA50 (blue trend-line) and the 1D MA200 break. A candle closing below the Support, will more likely restore the long-term Bearish sentiment. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Long
by TradingShot
4
GBPCHF:Flight to swiss safety?!GBPCHF Intraday - We look to Sell at 1.2251 (stop at 1.2324) Preferred trade is to sell into rallies. There is scope of mild buying but gains should be limited. A move higher faces tough resistance and we remain cautious on the upside potential Short term bias is mildly bearish. Our profit targets will be 1.2100 and 1.2050 Resistance: 1.2250 / 1.2300 / 1.2350 Support: 1.2150 / 1.2100 / 1.2050 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
2
USDCHF: Your Trading Plan For Today 🇺🇸🇨🇭 USDCHF is taking off from a horizontal key level. To buy the pair with a confirmation, watch a double bottom formation on 1H time frame. You need a bullish breakout of its neckline 0.9742 - 0.9762 to confirm a coming bullish move. Goals will be 0.9825 / 0.9855. If the price sets a new lower low, a setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5
EURCHF: Eurozone still fragile!!EURCHF Intraday - We look to Sell at 1.0333 (stop at 1.0368) Daily signals are bearish. 20 4hour EMA is at 1.0349. We look for a temporary move higher. The previous swing high is located at 1.0360. Our profit targets will be 1.0246 and 1.0200 Resistance: 1.0300 / 1.0340 / 1.0380 Support: 1.0250 / 1.0230 / 1.0200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
USDCHF More downside to come unless this level breaksThis is my latest update on the USDCHF pair which on my last analysis two months ago hit both targets: The pair is currently on a strong 3 day bearish 1D candle streak following its market top on May 16. That was achieved on the 1.236 Fibonacci extension of the long-term Channel Up it has been trading in since January 2021. The rejection resembles that of the April 01 2021 top, which caused a drop of around -5.70%. A similar drop would take the pair on the 0.236 Fibonacci retracement level, which would be perfectly symmetrical. The 1D MA200 (orange trend-line) may come in as Support by the time it reaches this Fib level. The correction will get invalidated however if the price breaks again bove the 1.0 Fib or when it bottoms, above the 0.786 Fibonacci, which was the Resistance during the previous recovery. In that case, I expect the pair to systematically target the higher Fibonacci extension levels one by one (1.382, 1.5, 1.618). -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
2
EURCHF: Your Trading Plan 🇪🇺🇨🇭 EURCHF set a new higher high higher close on a daily last week. Then the price retraced to strong horizontal structure support. From that, I am looking for a confirmation to buy. On 4H time frame, I spotted a double bottom formation. I will buy the pair after the breakout of a neckline. We need a 4H candle close above 1.0425 - 1.0445 zone to confirm the breakout. Then a bullish continuation will be expected. Initial target will be 1.05 If the price sets a new lower low on 4H, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
3