The EURCHF downtrend remains firmly intact, with the support zone successfully transitioning into a robust resistance area. The price action consistently adheres to the downtrend trendline, and today we observe EURCHF retesting this trendline. This presents a compelling opportunity for sellers to enter the market and anticipate the next downward wave. In the...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.98500 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.98500 resistance zone. Trade safe, Joe.
EURCHF - 24h expiry Our short term bias remains positive. Previous resistance, now becomes support at 0.9785. We look to buy dips. 20 4hour EMA is at 0.9776. There is no clear indication that the upward move is coming to an end. We look to Buy at 0.9783 (stop at 0.9763) Our profit targets will be 0.9833 and 0.9843 Resistance: 0.9800 / 0.9820 /...
Hey Traders, Next week, our focus will be on observing EURCHF for a potential selling opportunity within the range of 0.98500. EURCHF is currently experiencing a downward trend and is presently undergoing a corrective phase. During this phase, it is nearing the significant support and resistance zone located at 0.98500, which serves as a key reference point in the...
EURCHF is on its 1day MA50, trading inside a Channel Down pattern. That is a Lower High with a maximum extension going as high as the 1day MA200. Sell now and target 0.95500. If you take the additional sell on the 1day MA200, target Support A at 0.964500. Follow us, like the idea and leave a comment below!!
EURCHF - 24h expiry Our bespoke resistance of 0.9750 has been clearly broken. Previous resistance at 0.9750 now becomes support. A lower correction is expected. We look to buy dips. Short term bias has turned positive. We look to Buy at 0.9745 (stop at 0.9725) Our profit targets will be 0.9795 and 0.9805 Resistance: 0.9770 / 0.9780 / 0.9787 Support:...
Price fell rapidly leaving behind a huge imbalance where it preceded to tap into an established demand zone. It then broke structure to the upside on a lt. Thisower timeframe, which could be the start of the move up to fill in the imbalance above. Price also formed liquidity at the to of the main structure which it could potentially target. This has now presented...
EURCHF - 24h expiry We are trading at oversold extremes. 0.9680 continues to hold back the bears. Bespoke support is located at 0.9680. 0.9677 has been pivotal. Support is located at 0.9680 and should stem dips to this area. We look to Buy at 0.9681 (stop at 0.9661) Our profit targets will be 0.9731 and 0.9741 Resistance: 0.9700 / 0.9710 /...
The EURCHF pair is trading within a Channel Up since the March 23 High, below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line), which formed a Death Cross a few days ago, the first such bearish pattern since August 02 2021. The emerging MACD Bearish Cross will be the final confirmation signal ahead of the next downside target, as every Bearish...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97400 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.97400 support and resistance zone. Trade safe, Joe.
Cette paire maintient probablement sa tendance baissière. On attend donc une baisse du prix.
EURCHF - 24h expiry Trades at the lowest level in 32 weeks. There is no clear indication that the downward move is coming to an end. The previous swing low is located at 0.9677. A break of the recent low at 0.9674 should result in a further move lower. We look for losses to be extended today. We look to Sell a break of 0.9673 (stop at 0.9693 Our profit...
EURCHF is approaching the bottom of the January Channel Down and S1 (0.964500), followng a Death Cross on Friday. The 1D timeframe is technically red heavily (RSI = 33.995, MACD = -0.004, ADX = 37.194) and as the RSI is on a Falling Wedge, an upward break-out is very likely. Consistent with the previous two rebounds inside the Channel Down, we are aiming at a...
The "EUR/CHF" has been in a downtrend since March – 2021, and it is obvious that we can expect a trend reversal if necessary. > The EUR is the base currency of the pair and has suffered greatly from the USD (DXY) appreciation. > The CHF is generally seen as a security, which is why the EUR is losing out to them. --> Once the USD (DXY) shows signs of corrective...
Hey Traders! 👋 For Day 13/100 of our challenge, we will look at EURCHF potential downsides. - Recently broken 0.972 support - Made a low at 0.968 - Now retesting 0.972 as resistance We're looking to: - Take sell on H4 bearish signals - To target support at 0.967 That's it for today! See you guys tomorrow 🥂
EURCHF - 24h expiry Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. 20 1day EMA is at 0.9788. We are trading at oversold extremes. We look to Sell at 0.9788 (stop at 0.9808) Our profit targets will be 0.9738 and 0.9728 Resistance: 0.9740 / 0.9760 /...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for sell setups as EURCHF has been sitting around the upper brown trendline. Now EURCHF is approaching the lower bound trendline. Moreover, the blue zone is a strong support. 🏹 So the highlighted purple...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97500 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.97500 support and resistance zone. Trade safe, Joe.