EURCHF is approaching our first resistance at 1.1246 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1168 (horizontal swing low support). Stochastic is also approaching resistance where we might see a corresponding drop in price....
Stops got taken on the DailY where it then reacted from a 4h tiny untested 4h level. as you can see it also took at shorter-term stops on the 4h/1h. This combined with this bullish MS and my bearish BIAS on CHF I think this is a nice little long idea. Will look to compound this trade above that 4h (future?) breaker that ran out the daily lows.
Hi All , I'm Setting a buy limit on this pair , as you can see from the chart price has held support firmly on two occasions and i expect the same movement in the coming days or weeks . Many Thanks.
PAIR IN FOCUS: EURCHF POTENTIAL ACTION: SHORT Observing the broader picture on the Daily and Weekly charting, price is moving in a descending triangle pattern. There are 2 areas to look for shorts in this setup, first area is a short near @ 1.13100 area, and the second area @ 1.13400 area. First area is in focus due to resistance from previous candle lows,...
EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure and RSI (21) is seeing a bearish exit. Trading CFDs...
EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182. Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment...
EURCHF POTENTIAL SHORT IF YOU TAKE A LOOK AT EURCHF YOU WILL SEE THAT ON THE LEFT HAND SIDE OF THE SCREEN YOU WILL SEE THE VERY DOMINANT SELLER PUSH TO THE DOWNSIDE BACK IN JANUARY OF 2015. SINCE THEN, THE BUYERS HAVE BEEN TRYING TO RECOVER THE PRICE OF THE EURO VS. THE CHF. IF YOU COMPARE HOW MANY BUYER ATTEMPTS IT HAS TAKEN TO TRY AND RECOVER THAT DROP IT...
On this Chart you will see the EURCHF is approaching the bottom of our Fib range we anticipate a sharp bounce back up to the 23 level before further bearish resumption
EURCHF is approaching its support at 1.1267 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where it could potentially bounce to its resistance at 1.1312 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance). Stochastic (34, 5, 3) is approaching its support where a corresponding bounce...
Support is being built for EURCHF. Therefore, you want to buy EURCHF as the RSI is oversold.
The pair failed to gather upside momentum, has slipped back lower. We see Doji formation on the daily candle till now. The pair finds major support at 1.1344 (converged 55-EMA and 38.2% Fib). Break below will see further weakness. Scope then for test of lower BB at 1.1316. Next major support lies at 61.8% Fib at 1.1282. Focus now on final reading of February...
Signal ID: 64381 Time Issued: Wednesday, 20 March 2019 00:00:04 GMT Status: open Entry: 1.13346 - 1.1347 Limit: N/A Stop Loss: 1.13656 The Tidal Shift Strategy has just sold EURCHF at 1.13408. The system recommends entering this trade at any price between 1.13346 and 1.1347. The signal was issued because our Speculative Sentiment Index has hit its most extreme...
EURCHF is approaching its support at 1.1332 (76.4% Fibonacci retracement, horizontal overlap support, 61.8% Fibonacci extension) where it could potentially bounce to its resistance at 1.1359 (50% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses...
EURCHF is approaching its support at 1.1346 (50% Fibonacci retracement, horizontal swing low support, 61.8% Fibonacci extension) where it could potentially bounce to its resistance at 1.1364(50% Fibonacci retracement,.61.8% Fibonacci extension). Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.
WELCOME TO DACAPITAL-TRADING! EURCHF FOREX BREAKDOWN 11 MAR 2019 1 HOUR Strong Pullback towards range resistance and our entry! 4 HOUR Bearish market with several pullbacks to the upside! DAILY Bearish with good short entrys now! LEVELS SELL EURCHF ENTRY @ 1.13510 SL @ 1.13740 (25 Pips) TP @ 1.13160 (35 Pips) RR: 1.50, use normal risk! IF YOU HAVE...
EURCHF is approaching our first resistance at 1.1369 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.1332 (61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a drop in price....
The Trend Follower Strategy has just sold EURCHF at 1.13604. The system recommends entering this trade at any price between 1.13529 and 1.13679. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.58112. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is...