EURCHF is BullishBulls are in control of the price action and have managed to print a higher low and higher high. If they manage to retain control the price could move to new highs according to Dow theory. Targets are mentioned on the chart.
EURCHF trade ideas
Shorting EURCHF
Looking at the economic value of the company EURCHF it's should be able to make 160pips in the future, through my financial valuation analysis on the price action.
The company EURCHF was built by an activist investor in the weekend when the making was closed, this tells that activist can see the economic value of the pair EURCHF,
the accounting records shown on the price account for the company EURCHF is not not leading to the direction on its economic growth..
So I'm, entrusting the activist investor in make adjustments to the company EURCHF director , because there is a new developing opportunity in the CHF sector developing at the moment.
EUR/CHF may fall 14 - 29 pipsPivot
0.9685
Our preference
Short positions below 0.9685 with targets at 0.9660 & 0.9645 in extension.
Alternative scenario
Above 0.9685 look for further upside with 0.9705 & 0.9720 as targets.
Comment
As long as 0.9685 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
0.9720
0.9705
0.9685
0.9674 Last
0.9660
0.9645
0.9635
Number of asterisks represents the strength of support and resistance levels.
EURCHFEURCHF is showing Bullish divergence Along place a buy as it will break its Last HL WITH Trendline
EURCHF LongEURCHF is showing bullish divergence on RSI and double bottom reversal pattern is formed. Price action is moving upwards forming bullish trend.
Trade idea - EURCHF Long4H
Bullish impulse: indication .
Pattern within pattern: confirmation.
Inverse head & shoulders, Bullish fake out flag.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
-68 Fib completion aligning with entry zone .
= Buy limit set.
1% risk.
Eur/Chf Trend ChangeEur/Chf had a long term downtrend...
Until now!!!
The Trend has changed on the day chart!!!
We have a buy signal now on the 15min time frame.
This is a trend following trade idea!
We had a trend change , and a pullback...
Use Risk Management please
EUR/CHF ShortContext:
• Monthly Rejection confirmed
• Weekly build a RBD with FVGs
• Daily consolidated for 3 days below Swing Low and left that base
Idea:
• Short on 4h-Supply
Entry Area:
• 0.9642 - 0.9670
Entry Signal:
Two options
• LMT on 4h Supply
• Reversal on lower timeframe like 1h
Stop:
• Above Supply or entry setup
Target:
• 0.9565 (last bullish montly candle low)
Scenario invalidated:
• Bullish Reversal into breakout-Range, i.e. above 0.967
• If we build up momentum and create another base → would be new scneraio
Please feel free to comment!
EURCHF: Very Bearish Setup 🇪🇺🇨🇭
EURCHF looks very bearish after a breakout of a neckline
of a descending triangle on a daily.
I think that the pair will drop lower.
Next support - 0.959
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EURCHFThis Weekly FORECAST
Opportunity for EURCHF. This setup trading idea is for swing. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
EURCHF Is Bearish! Sell!
Please, check our technical outlook for EURCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.968.
The above observations make me that the market will inevitably achieve 0.965 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURCHF:Key Level and Political RisksHello Traders,
In today's trading session, we're closely monitoring EUR/CHF for a potential selling opportunity around the 0.96500 zone. The pair had been in an uptrend but recently broke out of it and is now in a correction phase. It is approaching the 0.96500 area, which serves as both a support and resistance level.
Adding to the EUR's challenges, the recent EU parliamentary elections in France resulted in a significant majority for a far-right candidate, historically known for advocating France's exit from the EU. This outcome is detrimental to the EUR. Additionally, President Macron has called for an early French election, which exacerbates political instability and poses further risks to the EUR.
Trade safe, Joe.
eurchf scalp longA scalp long position on EUR/CHF aims to capitalize on short-term price movements. Favorable factors include potential Euro strength
identifying short-term support levels and bullish candlestick patterns can guide entry points.
EUR/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello,Friends!
We are now examining the EUR/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.978 level.
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Bullish RSI divergence at H4There is a bullish RSI divergence at H4, a trade of RR 1:2 is placed, let's monitor
EURCHF Is A BuyReasons why we are bullish for EURCHF:
in the target area there is a large offset between the closing and opening price of an M5 candle. The markets usually work through these zones.
on June 6, 2024, the market recovered at the 0.786% retracement, consolidating the recovery that had begun in recent days. At the same time, the retracement was exactly on a bullish order block (M5 to M15), which also gained in relevance as a result of the successful retest.
the CumulativeVolumeDelta (Monthly) shows a hidden bullish divergence
as interest rate cuts become more likely but the economy remains relatively strong, the Swiss franc is less in demand as a safe haven
Why I'm might be selling EURCHF W7We have been in a downtrend for a while (Looking at the 1h timeframe).
We have a clear triangle pattern on 1H
A divergence which is showing us bullish momentum
I have found that triangles are a low probability setup so be careful.
Price extended, potential retracementAnalysis: Price can be seen as extended can we can look to trade against the current trend. Since price is not over extended, risk adverse participants should only initiate a smaller position.
Short opportunity: Short at market reopening towards 0.98355 as Take Profit - 1 level
EURCHF SETUP Price is currently at weekly support so its a strong chance that price could go back bullish. I'd definitely wait until price forms bullish structure before looking to go long back to weekly highs.
if price breaks below weekly, support, look for price to push towards 0.95800 area.
EUR_CHF WILL FALL|SHORT|
✅EUR_CHF is consolidating
Below the broken key level
Of 0.9729 which is now a resistance
So we are bearish biased and
We will be expecting
A further move down
SHORT🔥
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EUR CHF - Short set upEven though there is bullish divergence on 1H TF. The price hasn't followed up well. Assuming still this as bearish flag and price is consolidating before another leg down I will keep my sell stop / entry below the bear flag pole. 0.96695
Entry - 0.96695
Stoploss - 0.97225
TP-1 - 0.96154
TP-2 - 0.95619
USOIL, GBPAUD AND USDCAD ANALYSIS Next week looks mouth watering for these trades. Monitor and always be cautious as alternatives are probable.
