EURCHF
EURCHF :Analysis , 4hHello traders, we want to check the EURCHF chart. The price is moving in a descending channel and at the same time it reached the bottom of the channel as well as the key area of 0.98800 and 0.98900, so we expect a correction around the price of 0.99500 If the price wants to continue its downward trend, the next price target will be 0.98400. Good luck.
EURCHF AnalysisWe are expecting to see a continuation of the pair to the downside because of weak euro.I am expecting for an entry at 0.99179 and with a potential reversal to the downside at 0.98343 and for more pips profit at 0.97966.i will place my stop loss at the level of 1.00253 because if it break this level the pair will take a bullish trend to the upside
EURCHF - 4hrs ( Sell Trade Target Range 200 PIP ) 💲Pair Name : EUR/CHF
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( ↘️ Short )
Type : Mid Term Swing
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🔰bearish Break
0.99100 Area
Reasons
🔘- Major Turn level
🔘- Visible Range Value
🔘- Channel Retest
🔘- Pattern Retest
🔘- High Traded Volume Area
🔘- Quarter High
🔰Bullish Reversal
0.96500 Area
Reasons
🔘- Major Turn level
🔘- Visible Range Value
🔘- Fixed Range Value Area
🔘- Fibo Golden
🔘- Pattern Target
EURCHF downtrend line continues to attract sellers.EURCHF - Intraday - We look to Sell at 1.0019 (stop at 1.0044)
Trend line resistance is located at 1.0021.
Prices expected to stall near trend line resistance.
Expect trading to remain mixed and volatile.
We look for a temporary move higher.
Our profit targets will be 0.9959 and 0.9949
Resistance: 0.9980 / 1.0000 / 1.0020
Support: 0.9960 / 0.9934 / 0.9920
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.
XAUUSD, EURNZD, EURCHF, NZDCHF & EURGBP Analysis for next weekWe have good setups in these pairs . Shorting most of Euro pairs and also GOLD. But we have to wait for good entries. How we can buy NZDCHF and sell EURCHF at the same time? If we look at RSI in these charts we will found it overbought in one and oversold in the other one. And this also means that NZD is strong and EUR is weak. Which may suggest that this spike in EURNZD is UTAD not BOS. What do you think?
EUR/CHF bullish Symmetrical Triangle - Target 1.0259Symmetrical Triangle has formed on the EUR/CHF
We just need to wait for a breakout for it to be perfect to enter.
7 < 21> 200 - Bullish
RSI >50
Target 1.0259
CONCERNS:
My only concern is that the previous trend was not a strong uptrend, but rather a sideways range.
This could set the motion for a sideways breakout.
Nevertheless, it's bullish bias.
EURCHF supressed by a trend line resistance.EURCHF - Intraday - We look to Sell at 1.0028 (stop at 1.0056)
Trend line resistance is located at 1.0030.
Prices expected to stall near trend line resistance.
Expect trading to remain mixed and volatile.
We look for a temporary move higher.
Our profit targets will be 0.9961 and 0.9951
Resistance: 1.0000 / 1.0020 / 1.0035
Support: 0.9975 / 0.9960 / 0.9943
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 to find resistance at previous support.EURCHF - Intraday - We look to Sell at 0.9997 (stop at 1.0025)
Trading close to the psychological 1.0000 level.
Previous support at 1.0000 now becomes resistance.
Short term oscillators have turned negative.
We look for a temporary move higher.
Our profit targets will be 0.9928 and 0.9918
Resistance: 0.9970 / 1.0000 / 1.0030
Support: 0.9943 / 0.9920 / 0.9900
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 to breakdown?EURCHF - Intraday - We look to Sell at 0.9987 (stop at 1.0013)
Expect trading to remain mixed and volatile.
A break of the recent low at 0.9988 should result in a further move lower.
Short term MACD has turned negative.
A higher correction is expected.
Our profit targets will be 0.9922 and 0.9912
Resistance: 1.0020 / 1.0040 / 1.0070
Support: 1.0010 / 0.9988 / 0.9940
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 Breakout Above Weekly Resistance 🦐Technical analysis of the EUR/CHF pair on the 4-hour time frame reveals an upward trend within an ascending channel.
After reaching a recent low, the price action started to move higher, forming higher highs and higher lows.
The ascending channel pattern formed as the price action created two parallel trend lines, one acting as resistance and the other as support.
The price initially experiences rejection at the weekly resistance, this is a sign that there is strong selling pressure at that point. However, if the price can successfully break above the resistance, it can indicate that the buying pressure is stronger and that the upward trend may continue.
In such a scenario, traders can place a long order at the break of the resistance, with a stop loss placed below the level according to the Plancton's strategy rules.
It is important to keep in mind that the market can be unpredictable and traders should always have a well-defined risk management strategy in place as we teach in the Academy, as well as monitor the price action and any relevant news and economic releases that may impact the pair.
EURCHF - Wait For The Trigger!⏰Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
EURCHF has been overall bearish trading inside the red falling broadening wedge and it is currently sitting around the upper trendline acting as a non-horizontal resistance.
Moreover, the green level 1.0 is a resistance zone and previous major low.
on H1: Right Chart
EURCHF is forming a head and shoulders pattern.
For the bears to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the sell is activated, EURCHF can still trade higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich