EURCHF – 12 hours of straight selling and now?? 13 Aug, 2023The overall flow in this market has been bearish, even though recently price was moving sideways. After some serious bearish action on Friday, I expect the bears to follow through with more. A retracement to the 0.9640 area would be nice and that is where I will be monitoring for some bearish evidence.
The first target is quite obviously in the 0.9530 region. If price indeed does what I am anticipating, we have a +2.3R trade opportunity with the possibility for more if PA supports the possibility to take this trade down to 0.9500.
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EURCHF
EUR/CHF The Target Is UP! BUY!
My dear subscribers ,
This is my opinion on the EUR/CHF next move:
The asset is approaching an important pivot point 0.96332
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.96714
Safe Stop Loss - 0.96130
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Strifor || USDCHF-08/10/2023Preferred direction: BUY
Comment: The price continues to accumulate near the resistance level 0.87757, which is the break level. This is a very important level, you can learn more about it in details of this level below. Regarding the targets, in this case, longs can be with the potential at the level of 0.89500, where the previous area for pushing is located.
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EURCHF Will Go Higher From Support! Buy!
Take a look at our analysis for EURCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.962.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.974 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EUR/CHF - 4hrs ( Buy Trade After Break Tp Range 120 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 ( Long after Break )
Type : Mid Term Swing
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Bullish Break
0.96250 Area
Reasons
- inner Choch level
- Visible Range Hvn / Lvn
- Major Turn level / D
- Day / week High Break
Bearish Reversal
0.97600 Area
Reasons
- Major Turn level
- visible Range poc
- Pattern Target
- Fibo Golden Zone
- Quarter's Area
Strifor || USDCHF-08/08/2023Preferred direction: BUY
Comment: This currency pair was looked for a promising short not so long ago, however, the buyer still manifests itself and most likely the growth will continue. Remember that on the market, trader should be flexible! Level 0.87757 is now considered as the first target, which is unlikely to delay the buyer for a long time and the instrument will continue to update local highs.
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EURCHF Will Go Down From Resistance! Short!
Here is our detailed technical review 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 0.960.
Considering the today's price action, probabilities will be high to see a movement to 0.958.
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.
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Strifor || USDCHF-08/04/2023Preferred direction: SELL
Comment: The sell-priority remains on the currency pair, however, a small addition in connection with the upcoming data on the US labor market. In this addition, it is assumed that at the time of the start of the data release, the US dollar will strengthen on all fronts, after which a reversal and a fall in the currency are expected. Thus, we are waiting for an impulse above 0.87757, and after going under the level we continue to consider sell.
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Strifor || EURUSD-08/03/2023Preferred direction: BUY
Comment: Finally, we can look for buy-position in the Euro. As we expected, the price fell a little under the level of 1.09623 towards the next potential sellers' target at 1.09000. This probability still remains, but it is already possible to start open buy-position, it would be optimal to break your position into three, that is, to gain a position gradually. Upside potential 1.11500.
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Strifor || USDCHF-08/03/2023Preferred direction: SELL
Comment: At the moment, one of the most promising trades in the foreign exchange market. At the level of 0.87757, two false breakouts were formed, which promises a fall to mid-term lows at the level of 0.85696. It should be noted that the level of 0.87757 is a daily level, that gives it the most important value (breaking level). The fall will most likely stop near the level of 0.87000, where the volume for pushing was formed earlier.
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EURCHF : Short Trade , 1hHello traders, we want to check the EURCHF chart. The price has broken the ascending channel downwards. If the price pullback to the specified key level, we expect this level to maintain the downward trend of the price and cause the price to fall further. We expect the price to It should drop around 0.95600. Good luck.
GBPCHF I Range trading strategy Welcome back! Let me know your thoughts in the comments!
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EUR CHF SHORTRisk 0.5%
TP1 = 1:2 RR
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