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Chf

USDCHF remains in a slight uptrend.USDCHF - 24h expiry Our short-term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 4-hour EMA is at 0.8769. The sequence for trading is higher highs and lows. Remains bullish while above last week's low. We look to Buy at 0.8771 (stop at 0.8739) Our profit targets will be 0.8851 and 0.8871 Resistance: 0.8814 / 0.8828 / 0.8850 Support: 0.8790 / 0.8770 / 0.8750 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURCHF Buy opportunity on a MACD Bullish Cross.The EURCHF pair eventually hit our 0.95555 bearish target as set by our sell signal in June (see chart below): The price is now past a 1D MACD Bullish Cross and on the bullish wave of the 7 month Channel Down. We therefore go long again targeting Resistance 1 at 0.96510 on the short-term and if a 1D candle closes above it, we will extend it towards the 1D MA100 (green trend-line) at 0.97100. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
GBPCHF Downtrend Alert: Time to Sell?Good morning traders, As anticipated, we observed a retracement in the GBPCHF pair. A rising wedge pattern has subsequently materialized, and a recent downside breakout confirms this formation. The prevailing market sentiment remains bearish. On the 1-hour timeframe, all moving averages are aligned with our perspective, and the majority are consistent on the 4-hour timeframe as well. With the 1-hour death cross still intact, our current strategy suggests maintaining a bearish position.
Short
by FX-TradingLions
GBPCHF COULD BE A GOOD SELL Hello, Traders! Presently, we're seeing a strong bearish tide in the overall market. Particularly noteworthy is the 'Falling Three Methods' pattern completion we've spotted on the 4-hour timeframe. This is a significant bearish signal, pointing to continued downward momentum. We're also anticipating impactful GBP news in the next few hours. It's critical that you remain alert for swift price shifts and ensure you manage your positions in line with your account balance.
Short
by FX-TradingLions