EURCHF
EURCHF for a lower low? 🦐EURCHF on the 4h chart got rejected by the daily resistance near the parity level.
The price started a series of lower low lower high and reached the daily support at the 0.98000 area.
The market with a series of lower low lower high is showing a bearish momentum and according to Plancton's strategy IF the market will break below i will consider a nice short order according to the CPS rules.
EURCHF: Buy opportunity inside this Channel Down.EURCHF is on red 1D technicals (RSI = 39.692, MACD = -0.003, ADX = 65.962) as it is trading at the bottom of the 2023 Channel Down. This is a buy opportunity targeting its top (TP = 0.99500). We will short there as long as the price closes inside the Channel Down and target S1 (TP = 0.97100). The pattern and the long term bearish trend breaks , if the pair closes above the R1, in which case we will buy and target the R2 (TP = 1.01000).
Prior idea:
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EUR/CHF Resistance 🔪On CAD/JPY is nice to see strong sell-off from the price 0.9821, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong S/R zone from the past + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EURCHF Will Go Lower From Resistance! Sell!
Take a look at our analysis for EURCHF.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.979.
The above observations make me that the market will inevitably achieve 0.971 level.
P.S
We determine oversold 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.
Like and subscribe and comment my ideas if you enjoy them!
EURCHF bias remains negative.EURCHF - 24h expiry - We look to Sell at 0.9833 (stop at 0.9863)
Our short-term bias remains negative.
Intraday rallies continue to attract sellers and there is no clear indication that this trading sequence is ending.
50 4-hour EMA is at 0.9834.
The preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 0.9763 and 0.9753
Resistance: 0.9795 / 0.9820 / 0.9840
Support: 0.9790 / 0.9775 / 0.9750
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.
✅TS ❕ EURCHF: under the zone✅✅ EUR CHF maintains a downward trend.
The chart has fallen below the range.
The price will continue to decline. ✅
🚀 SELL scenario: short to 0.9811 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURCHF Trading plan based on the RSIEURCHF is trading inside a Channel Down after getting rejected on January's Falling Resistance.
As long as the Channel Down is intact, the trend is bearish. If broken to the upside, it's bullish.
They key to it however seems to be the RSI.
Trading Plan:
1. Sell as long as the RSI (1d) remains under its MA line.
2. Buy if it crosses over it.
Targets:
1. 0.97500 (near Support 1)
2. 0.99500 (near Falling Resistance).
Tips:
1. The RSI (1d) has always given a buy signal when it crossed above its MA ever since the Falling Resistance started.
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EURCHF | could be a good sell boys👉EURCHF @0.9836~ SELL
📍 SL - 0.9896
💰 TP1 - 0.9816
💰 TP2 - 0.9776
💰 TP3 - 0.9676
Hey everyone I believe EURCHF will drop we are currently in a triangle pattern and should be able to break it and re-test the previous bottom level, if broken then we will aim for higher timeframe trend, if that breaks tp3. 😊📈
EURCHF Technical Analysis and Trade IdeaThis video offers a comprehensive analysis of the EURCHF, concentrating on its recent trading patterns. It's worth noting that a significant resistance level has been reached, and a price gap exists below it. Bigger players may look to attack sell-side liquidity resting under in the form of stop losses. The video delves into various topics such as trend analysis, price action, market structure, and price gaps. Furthermore, it briefly mentions a potential trade opportunity.
EUR/CHF Set To Fall! SELL!
My dear subscribers ,
EUR/CHF looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 0.98234
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 0.97797
Safe Stop Loss - 0.98488
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURCHF: Will Start Falling! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURCHF chart which, if analyzed properly, clearly points in the downward direction.
❤️ Please, support our work with like & comment! ❤️
EURCHF: Important Breakout & Bearish Outlook 🇪🇺🇨🇭
EURCHF was consolidating for 2 weeks, perfectly respecting 0.985 - 0.989 horizontal support.
It was finally broken last week and a daily candle successfully closed below that.
The broken structure turned into resistance now.
I will expect a bearish continuation from that at least to 0.975.
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EUR/CHF Technical Analysis! SELL!
My dear followers ,
EUR/CHF looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 0.98326
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.97411
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURCHF: Bearish Move After Consolidation 🇪🇺🇨🇭
EURCHF was consolidating for quite a long period of time within a horizontal trading range on a daily.
Its support was broken yesterday.
I believe that such a violation may trigger a bearish continuation.
I expect a bearish move to 0.9787 / 0.9723
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EURCHF bias remains negative.EURCHF - 24h expiry - We look to Sell at 0.9856 (stop at 0.9886)
Broken out of the channel formation to the downside.
Previous support at 0.9860 now becomes resistance.
Our short term bias remains negative.
Daily signals are mildly bearish.
Preferred trade is to sell into rallies.
Our profit targets will be 0.9786 and 0.9776
Resistance: 0.9830 / 0.9845 / 0.9860
Support: 0.9820 / 0.9800 / 0.9780
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- Long term Swing TradeTechnical Analysis:
-Trop down analysis shows that there is a strong bearish trend for this pair so I will only be looking for short trades.
-Supply zone and Fibonacci level 62% are in line which shows a strong confluence that price will retrace to from this level.
-According to my algorithm, the seasonality shows a bearish trend for this pair will last till the beginning of may.
Fundamental Analysis:
There will be a few major impact news which could have a massive impact on how how price will react during the news.