EURCHF Technical Analysis And Trade IdeaIn the recent times, EURCHF has demonstrated a strong downtrend, indicating significant potential opportunities. This video presents an analysis of this trend, looking at price movements on both the weekly and daily charts.
Get ready for a quick exploration of price fluctuations, market trends, trend analysis techniques, and crucial technical aspects. This evaluation aims to provide insights into potential trading prospects within this trend.
Please note, the content presented here is purely educational. It's crucial to emphasize that while the analysis provides valuable information, it should not be interpreted as financial advice or guidance.
EURCHF
EURCHF BUYEURCHF has revisited the horizontal support area on the weekly timeframe chart.
🔍 Analysis:
Anticipating a re-test of key support levels (see chart).
Trade decisions based on technical analysis and candlestick patterns.
📊 Long-term Trades:
Ensure sufficient margin for market fluctuations.
Employ proper risk management based on your account size.
📜 Trading Rules:
Rule 1: Close some trades at Target 1 or set STOP LOSS to ENTRY for safe trading.
Rule 2: Avoid new trades on the same signal after reaching Target 1.
Rule 3: Close trade during market consolidation of over 2 days; wait for the next opportunity.
🚀 Your engagement matters! Like and share for more valuable content.
#MarketAnalysis #TradingTips #Forex #TechnicalAnalysis 📊💹
EURCHF Potential DownsidesHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.94600 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.94600 support and resistance area.
Trade safe, Joe.
EURCHF to find buyers close to previous low?EURCHF - 24h expiry
Buying posted close to the previous low of 0.9417.
Bullish divergence is expected to support prices.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look for a temporary move higher.
We look to buy dips.
We look to Buy at 0.9420 (stop at 0.9396)
Our profit targets will be 0.9480 and 0.9490
Resistance: 0.9450 / 0.9470 / 0.9505
Support: 0.9434 / 0.9417 / 0.9400
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.
EUR-CHF Swing Short From Resistance! Sell!
Hello,Traders!
EUR-CHF went up to
Retest the horizontal
Resistance level of 0.9685
But failed to break it and
We are now seeing some
Bearish price action so
We will be expecting
A further move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
EURCHF H4 I Bounce off a pullback support?Based on Daily chart analysis, we can see that the price is falling to our buy entry at 0.9532 which is a pullback support level that closes to the 61.8% Fibo retracement.
Our take profit will be at 0.9595, which is a pullback resistance level.
The stop loss will be placed at 0.9464, below the 78.6% Fibo retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURCHF Massive Long! BUY!
My dear friends,
My technical analysis for EURCHF is below:
The market is trading on 0.9617 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9635
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
EURCHF Potential DownsidesHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97200 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.97200 support and resistance area.
Trade safe, Joe.
EURCHF intraday dips continue to attract buyers.EURCHF - 24h expiry
Previous support located at 0.9625.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
A Morning Doji Star formation has been posted at the low.
Preferred trade is to buy on dips.
Daily signals are mildly bullish.
´
We look to Buy at 0.9627 (stop at 0.9607)
Our profit targets will be 0.9677 and 0.9687
Resistance: 0.9650 / 0.9660 / 0.9680
Support: 0.9635 / 0.9625 / 0.9615
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.
EURCHF Will Move Higher! Long!
Take a look at our analysis for EURCHF.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.964.
Considering the today's price action, probabilities will be high to see a movement to 0.967.
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!
EURCHF: Is That a Bullish Confirmation?! 🇪🇺🇨🇭
In comparison to USDCHF, EURCHF looks bullish to me.
The price is trading within a wide horizontal range on a 4H.
Testing its support, the pair formed a tiny cup & handle pattern
and violated its neckline.
I believe that the market will go to the resistance of the range - 0.9678
❤️Please, support my work with like, thank you!❤️
EURCHF H4 | Bullish bounce off 78.6% fibo?Price could bounce off our buy entry at 0.9634, which is a swing low support level, aligning with the 78.6% fibo retracement. Our stop loss is at 0.9616, which is below the swing low support level. Take profit is at 0.9683, which is at a swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EUR/CHF - Swissie looks done! DB + TL breakEURCHF looks like its T-ing up a long term trend reversal after a double bottom and downtrend line break on the daily candle chart.
Trade idea = wait for next 2+ day pullback into 0.955-0.96 zone. Cut losses at 0.95 and get long again if/when Swing high gets taken out.
EURCHFIs EURCHF exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.9560 followed by 0.9500.
What you guys think of it?