EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
EUR/CHF pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.954 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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EURCHF
Strifor || EURUSD-08/24/2023Preferred direction: Neutral
Comment: For the Euro, everything remains the same. Yesterday the price could not reach the level of 1.07882 a little, which may happen today. At the same time, there is some potential for a reversal upwards, but several conditions must still be formed for this.
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Strifor || USDCHF-08/24/2023Preferred direction: BUY
Comment: The currency pair is still bullish. This priority is relevant as long as the price is above the level of 0.87757. Such a long-term accumulation at the level does not benefit buyers, however, given the general behavior of the price in relation to the franc, we can say that this is a normal situation for this instrument.
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✨ NEW: EURCHF ✨ UT SWING ✨-SL @ 1.0100 🚫 (conservative)
-SL @ 1.0080 🚫 (aggressive)
SLO @ 1.0025 ⏳
TP5 @ 1.0000 (closing ALL Buy Positions)
TP4 @ 0.9950 (shaving)
TP3 @ 0.9830 (shaving)
TP2 @ 0.9755 (shaving)
TP1 @ 0.9640 (shaving)
BLO1 @ 0.9490 ⏳
BLO2 @ 0.9465 ⏳
-SL @ 0.9430 🚫(aggressive)
-SL @ 0.9400 🚫 (conservative)
CURVE ANALYSIS
Based on the 1-day timeframe, the EURCHF curve analysis is still bearish ( TEMPORARILY ). The Swiss National Bank (SNB) has been keeping interest rates low, which makes the Swiss franc an attractive haven currency. This has been putting downward pressure on the euro. The price has been trending downward since August 11, 2023, and the RSI indicator is approaching oversold levels.
However, Price Action has entered the Demand Zone, which suggests that IN THE NEAR FUTURE the EURCHF is likely to experience a trend change to the upside:
— The price has been trading above the 200-day moving average for the past few days.
— The MACD indicator has crossed above the signal line.
— The RSI indicator is in the oversold territory.
EURCHF - BEARISH MOVE📉Hello Traders👋🏻
Yesterday, The EURCHF Price Reached The Support Level (0.96771 - 0.96438)
Currently, This Key Level is Broken (Support Becomes New Resistance Level)🔥
So, I Expect a Bearish Move📉
i'm waiting for a retest...
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TARGET: 0.95185🎯
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Price Alert Nearing Key Buy Zone, Upward Surge To 1 Potentially?We're approaching a pivotal zone on the charts. The price is trending downward, nearing the 0.95 mark. This level marks the beginning of a Weekly BUY/DEMAND zone established in September of last year when prices plummeted to an all-time low of 0.94.
The Daily chart, linked below, shows the price steadily descending towards this key level.
he most likely path now is to look for buying opportunities as price goes down under the 0.95 and towards the all time low @ 0.94.
Ideally, I'd like to see the price decline below 0.95 and then enter an accumulation phase on shorter timeframes. In essence, we want to see sideways price movement during the intraday or daily period, as shown in the chart above.
Should this specific price behavior emerge, it indicates that the most likely direction next is up. In that scenario, I'll initiate a trade based on signals from the TRFX indicator in the 8-hour, 12-hour, or daily timeframe.
A primary target for this position would be around the monthly low from May at 0.968. From there, we might see a reversal pushing the price down towards 0.95, possibly positioning it for a climb to or beyond parity (1). My stop loss is set firmly below the all-time low.
Thanks for reading my analysis. Always happy to share my insights. Happy trading!
AUDCHF 🥷 🥷 💱 AUDCHF 🥷
↘️ Descending Double Top ↘️
1️⃣ Short Order whenever the Market will Open On Monday
🕛 Hourly Chart Pattern 🕛
🟢 TP 0.56060
🔴 SL 0.56635
2️⃣ long Order after one ascending chart from the price 0.53416
🕛 Weekly Chart Pattern 🕛
🟢 TP 0.65800
🔴 SL 0.50000
Good Luck and thank you
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EURCHF - SH + BOS + RTO Pattern ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we can see the confirmation of the SH + BOS + RTO Pattern, so I expect bearish price action. Price first stop hunted the liquidity, broke the structure and then returned to bearish order block.
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EURCHF: Expecting Bearish Continuation! Here is Why:
Balance of buyers and sellers on the EURCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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EURCHF: Important Zone to Watch 🇪🇺🇺🇸
EURCHF is trading in a long-term bearish trend.
After a consolidation, the price violated a key horizontal support and closed below that.
The broken structure and a major falling trend line now compose the contracting zone of supply.
I will expect a bearish movement from that at least to 0.953 support.
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EURCHF - 4hrs ( Sell Scalping After Break / Tp Range 100 PIP ) Pair Name : EUR/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short After Break )
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Bearish Break
0.95650 Area
Reasons
- Turn level Area
- Visible Range lvn
- Choch Area
- Inner Trend Break
- Day / week low
Bullish Rversal
0.94800 Area
Reasons
- Major Turn level
- Visible Range lvn
- Pattern Reversal
- Fibo Golden Zone
- Quarter's Area
- Counter Trend
EURCHF - 4hrs ( Target 1 Hit + 30 PIP / full tp 100 PIP )Pair Name : EUR/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 30 PIP
EUR/CHF A Fall Expected! SELL!
My dear friends ,
My technical analysis for EUR/CHF is below:
The market is trading on 0.95606 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.95444
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
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.
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EURCHF Potential DownsidesHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.96300 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.96300 support and resistance zone.
Trade safe, Joe.
Strifor || USDCHF-08/14/2023Preferred direction: BUY
Comment: The US dollar continues to put pressure on all major currency pairs at the beginning of the week. It is most likely to count on such a trend in the first half of the week, at least. The American still has a place to strengthen, and the franc is no exception. We continue to consider the level 0.87757 as a starting point upward towards 0.90000.
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EURCHF Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.