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Eurchfanalysis

EURCHF - Where are the sore spots of the SNB?The SNB delievered a real game changer in the last week and hiked its rate by 0,50%. The whole market got catched on the wrong foot and the EURCHF dropped immediatly by more than 200 Pips. So whats next for the franc? The SNB explained that they could intervene now from both sides. So they could either slow a appreciating CHF (as they did many times) or they could also slow a depreciating CHF by selling their huge FX reserves (that was new and unexpected by the market) My guess is that their 1st level on the downside would be the 1.0000 level (-> round number and psychological level) Their level on the upside could be 1.05 as the EURCHF dropped strongly 2 times in the last weeks from this level without any news or data to support this rapid weakening. Maybe it was the SNB already with their feet on the brakes? Again I'm just guessing here and I will have a close look on the SNB data in the next weeks to verify this thesis. So a range in the EURCHF between 1.00 and 1.05 could be plausible. What could be the points to break this range? 1. Inflation in Switzerland would need to drop significantly to give the SNB more room to breathe (upside pressure for the EURCHF) 2. ECB would need to become more dovish (downside pressure for the EURCHF) 3. sudden positive news from the Ukraine conflict (huge upside for EURCHF possible) (4. Of course a further slowing in the world or european economy would also lead to downside pressure for the EURCHF)
by PrimeTrading
Jamie Gun2Head Idea - Selling EURCHFTrade Idea: Selling EURCHF Reasoning: Rejection wicks everywhere, lets get back down to 2015 lows. Entry Level: 0.9784 Take Profit Level: 0.9651 Stop Loss: 0.9811 Risk/Reward: 4.93:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
EURCHF stuck in range and may go higher Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:EURCHF We can see market is strugling near its previous resistance and currently standing near its a strong support in h1 Support level . So we are expecting more rise near Trendline. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
by Theranasaramd
EURCHF:No end in sight for Euro-bashingEURCHF Intraday - We look to Sell at 0.9909 (stop at 0.9931) The weaker Euro has affected performance. There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9910. Our profit targets will be 0.9854 and 0.9844 Resistance: 0.9880 / 0.9910 / 0.9950 Support: 0.9850 / 0.9830 / 0.9800 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
Short
by VantageMarkets
EURCHF: Euro getting bashed!EURCHF Intraday - We look to Sell at 0.9976 (stop at 0.9998) The weaker Euro has affected performance. There is no clear indication that the downward move is coming to an end. 50 1hour EMA is at 0.9976. Our outlook is bearish. We look for a temporary move higher. Our profit targets will be 0.9922 and 0.9912 Resistance: 0.9945 / 0.9960 / 0.9980 Support: 0.9920 / 0.9900 / 0.9880 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
1
Swiss franc reaches parity with euro: 0.98 next? The euro-Swiss franc ( EUR/CHF ) exchange rate is in the spotlight today as the pair returned to hit parity for the second time since early March. The eurozone's worsening economic outlook continues to push ( EUR/CHF ) lower, and the market appears to be giving more credit to the Swiss National Bank's (SNB) ability to continue rising rates to curb inflation. Yesterday, GfK's consumer confidence index for Germany predicted a drop from -26.0 to -27.4 in July, a new series low, while today German inflation in June jumped to 7.6% year on year (y/y), albeit to a lesser extent than anticipated (8% y/y). However, the beginning of the euro's bearish phase versus the franc was triggered by the SNB's unexpected half-percentage-point increase in interest rates on June 14, when the market expected rates to remain unchanged. It was the SNB's first rate rise since 2007, after maintaining the rate at a record low of -0.75 percent since 2015, and it signalled a significant shift in monetary policy. It also communicated to the market that the SNB is ahead of the ECB in terms of rate hikes. SNB Chairman Thomas Jordan stated that more monetary policy tightening will be required to return inflation to the central bank's objective of 2%. This made the franc the best-performing major currency in June, appreciating versus the greenback ( USD/CHF ) as well. Technically speaking, the EUR/CHF pair entered oversold territory as the 14-day relative strength index (RSI) dropped below the 30 level mark. The MACD indicator is not signalling a bottoming out. This fresh drop to parity level in EUR/CHF does neither reflect a bullish divergence, as the RSI is updating new lows simultaneously with prices, nor a bullish reversal after a double bottom, since the neckline technical figure is absent in the chart. The next EUR/CHF support level is now at 0.98, which was reached at the end of January 2015. Idea written by Piero Cingari, forex and commodities analyst at Capital.com
by Capitalcom
EURCHF: Sell rallies!EURCHF Intraday - We look to Sell at 1.0169 (stop at 1.0192) Daily signals are bearish. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.0172. Our profit targets will be 1.0111 and 1.0101 Resistance: 1.0120 / 1.0150 / 1.0170 Support: 1.0100 / 1.0050 / 1.0000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
EURCHF (LONG) 🔥🔥🔥ENTRY OPPORTUNITY Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Long
by Thewest-sidetrader