EURCHF Top-Down AnalysisHello Traders,
Here is the Top-Down Analysis of EURCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 41 - 05 Oct
M > Price is at monthly support level with last month closing in a Doji.
W > Price is in consolidation at this level since July 2020.
D > Consolidation of over 100 pips is ideal for intraday trading with two support trend lines.
As per COT EUR saw closure of more Long than Short, reducing net positions; EUR was very weak for the said week. EXY was positive last week though it reached resistance level and dropped. CHF saw closure of Long and addition of few Short positions reducing net positions. SXY was very weak for the said week. SXY was strong last week.
4H > For past 4 weeks price has not been able to reach resistance level and we can see LH with support respected. Enter only for intraday at this moment.
Pair Correlation > EURCHF has positive correlation with AUDCHF and negative correlation with USDCAD on weekly chart.
This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section you can share your view and ask questions.
Thank You
AP17FX
Eurchflong
EURCHF SWING LONGEURCHF Finally has broken out of a 2 year descending trend line, which gives us a shift from a selling to buying BIAS, extra confluence is that it has just bounced off a demand zone and has successfully retested it on a 78.6 fib level. I'm already holding BUY Positions and I expect price to rally to my final TP around 1.1000
EUR/CHF - Free 3:1 Long Setup.EURCHF - Short term (until the end of week)
We look to Buy at 1.0737
We will cut loss at - 1.0719
Our profit targets will be 1.0789 and 1.0799
Risk to reward ratio - 2,9:1
Preferred trade is to buy on dips.
Price action continued to range between key support & resistance (1.0733 - 1.0830) and we expect this to continue.
We look to trade current range.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0737, resulting in improved risk/reward.
Dips continue to attract buyers.
Resistance : 1.0800 / 1.0817 / 1.0830
Support : 1.0785 / 1.0760 / 1.0745
Signal Centre
EURCHF - New ScenarioAfter this pair broke the descending daily trend line we began to see price bounce between a small ascending channel. The structure has now shifted from a downtrend to a potential uptrend on the lower time frames indicating the start of a potential bullish move. Our first target would be the top trend line of the channel but if price manages to break that the possibilities are endless.
COT Data - 72% Short
EURCHF BullishI have a .01 swing trade at 1.07715 Expecting price to breakthrough and test previous high, to come down and test bearish trendline, bullish trendline, and this zone.
Ideal entry is around 1.07410
Trying to set limit orders and reduce my time and overall risk in the markets. Lets see how this works out.
I would love to see price come down and fill this wick on the 1hr tf. My current limits I placed at the beginning of the week were missed by less than 1 pip. :(
If it's a real uptrend I'd expect it to not take out previous lows so my stops will be at those levels.
I feel like I'm missing something.
EURCHF long trade ideacurrently, we are seeing price respected the trendline resistance, we need to wait for the price to breakout resistance level 1 before placing any buy order. use resistance level 2 or resistance level 3 as the target price.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURCHF signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market or on pull back,if my markup is right we are start formed wave of 3
targets: 1.0865 - 1.0915 - 1.0970
after first target reached move ur stop to breakeven
stop: 1.0766 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5+
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for your donate. (I lost almost 100k$ about 1 year ago,it was all)
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(PM to me).
EURCHF, daily timeframe, buy above the kumo cloudHello my friends,
I just got this fresh from the oven of my tradingview forex screener.
This pair has been in consolidation for 6 weeks and yesterday candle finally showing some strength in bulls.
We got all the confirmation needed to take a long position.
1st confirmation is price above the kumo cloud so we only looks to buy.
2nd confirmation is Parabolic SAR finally switched from above the price to below it, indicating buying pressure
Buy EURCHF at 1.0800
Stop loss at 1.0745
Take profit 1 @1.0855
Take profit 2 @1.0910
Use only 1-2% risk
Good Luck
Disclaimer : I am buying this pair from 1.0800
EUR/CHF BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we need to wait for a confirmation!
EUR/CHF: Daytrade-Preparation
Note: Aggressive management as market is still choppy!
Market-Buy: 1,07900
Stop-Loss: 1,07675
Target 1: 1,08135
Target 2: 1,08220
Target 3: 1,08400
Stop-Loss: 22,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,31
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EURCHF - BULLISH BIASEUR - BULLISH
1️⃣ Euro was supported by a stronger-than-expected Eurozone's business survey in August, as well as broad dollar weakness in the aftermath of Federal Reserve Chairman Jerome Powell's speech at Jackson Hole.
2️⃣ The US Fed chief also warned about increasing downward risks to employment and inflation due to the pandemic.
CHF - BEARISH
1️⃣ The global risk sentiment remained well supported by hopes of a potential vaccine and treatment for the COVID-19 virus. This coupled with a positive trade-related development further boosted investors' confidence.
=====
TECHNICAL
=====
- We are looking to long EURCHF on SMA100 area + RBS level on H1 chart.
- EURCHF in bullish zone.
=====
RISK TO THIS TRADE
=====
- This trade will hit stop loss if USD make a comeback or markets sentiment turns to risk-off mode that will boost CHF performance.
New Update On EUR/CHF +200 Pips New Update On EUR/CHF +200 Pips
New Entry Is Available
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions