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EURCHF

EURCHF Breakout: Potential 100-200 Pip Move Using Ichimoku CloudIn this video, I'll be analyzing the EURCHF pair, where we are seeing an increase in short sellers and a drop in long positions. If this trend continues with the price staying above the Ichimoku cloud, it could squeeze the double top neckline into a breakout above the neckline. I’ll explain my analysis and how the current market conditions indicate a potential 100 to 200 pip move in the near future. We'll also discuss the importance of setting a 25 pip stop loss to manage risk effectively. Join me as I break down the specifics of this potential trade, demonstrating how to leverage Ichimoku cloud analysis for identifying profitable trading opportunities. Don't forget to like, comment, and subscribe for more insights and updates on effective trading strategies.
Long
by TruthakaWallStreetakaCookie
Swiss Franc: The Economic Bulwark Amid Global UncertaintiesThe Swiss franc (CHF) retains its position as a cornerstone of financial stability within the dynamic global economic environment. The recent strategic adjustments to interest rates by the Swiss National Bank (SNB) underscore Switzerland's distinct macroeconomic landscape relative to Europe. This analysis delves into the implications of these adjustments and the broader significance of the CHF in today's global financial arena. Key Considerations: The SNB's proactive interest rate cuts demonstrate a data-driven approach to managing the CHF's valuation. The CHF's historical association with stability makes it a sought-after asset during periods of heightened geopolitical tensions, as evidenced by recent investor behavior. The SNB prioritizes maintaining price stability while mitigating the risk of excessive CHF appreciation, as Chairman Thomas Jordan's recent comments suggest. Switzerland's ongoing exploration of central bank digital currencies (CBDCs) positions the CHF at the forefront of financial innovation, potentially solidifying its global financial standing. Investment Thesis: The SNB's commitment to monitoring inflation and exchange rate developments suggests a willingness to intervene if necessary, ensuring the CHF's stability and insulating the Swiss economy from external shocks. This proactive approach positions the CHF for continued strength within the global financial landscape.
Short
by signalmastermind
EUR/CHF Technical AnalysisEUR/CHF Technical Analysis Timeframe: 15-Minute Chart Chart Overview: In this 15-minute EUR/CHF chart, we observe a clear descending trend characterized by lower highs and lower lows. The price action reflects a bearish sentiment with key support and resistance levels marked to guide potential trading decisions. Key Elements: 1. Descending Channel: - The price is moving within a descending channel, indicating a prevailing bearish trend. The channel is defined by the upper resistance trendline and the lower support trendline. - This channel suggests that the price is making lower highs and lower lows, a classic sign of a downtrend. 2. Support and Resistance Levels: - Resistance Levels: Key resistance levels are marked at 0.97421 and 0.96952. These levels have previously acted as support, but now they may act as resistance as the price approaches them from below. - Support Levels: Significant support levels are identified at 0.95532 and 0.94752. These levels have provided a floor for the price action in the past and could be potential bounce points. 3. Price Patterns: A consolidation pattern is observed around the 0.95532 support level, where the price seems to be stabilizing after a significant downtrend. This consolidation could signal an accumulation phase, where buyers are gathering strength before a potential breakout. ### Conclusion: The EUR/CHF pair is currently in a bearish trend within a descending channel. Key support and resistance levels provide potential entry and exit points for trades. Volume spikes indicate significant market activity around these levels, making them critical for trading decisions. Always manage your risk with appropriate stop losses and position sizing.
by THE-10
EUR/CHF: Navigating SNB Cut and French Election DynamicsHey Traders, In today's trading session, we are closely observing the EUR/CHF pair for a potential selling opportunity around the 0.95500 zone. This level is identified as a key support and resistance area, aligning with the ongoing downtrend. The pair is currently in a corrective phase, approaching the trend line near the 0.95500 level. Recent Developments: Swiss National Bank (SNB) Policy Adjustment: Yesterday, the SNB implemented a 25 basis points rate cut. This move typically signals a dovish monetary stance, which might initially weaken the Swiss Franc. French Elections: As we approach the French elections, demand for the Swiss Franc is anticipated to remain robust. Political uncertainty often drives investors towards safe-haven currencies like the CHF. Given these dynamics, we expect the recent SNB rate cut's impact on the Swiss Franc to be temporary. The heightened demand for the Franc amid electoral uncertainty should bolster its strength, making the 0.95500 zone a critical level to watch for potential selling opportunities in the EUR/CHF pair. Best Regards, Joe
Short
by JoeChampion
2
EURCHF Will Move Lower! Short! Take a look at our analysis for EURCHF. Time Frame: 2H Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.954. Considering the today's price action, probabilities will be high to see a movement to 0.950. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EURCHF | Short D1 | Market Exec | Building Momentum for Risk OffTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to multiple Supply zones - Price action is close to multiple Resistance Trendlines as well - Targeting the 50% Fibo retracement for this trade Fundamental Confluences for Trade: - There seems to be some disconnect between asset classes and with everyone already so 'risk-on', the risk-off build up momentum is ripe for the taking. Suggested Trade: Entry @ Area of Interest 0.9830 - 0.9870 SL @ 0.9942 TP 1 @ 0.9720 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.9598 Risk-to-Reward @ Approx. 2.59 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
EURCHF Will Move Lower! Short! Please, check our technical outlook for EURCHF. Time Frame: 3h 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 0.963 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
6
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. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
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.
Short
by JoeChampion