GBPCHF ShortHey traders, in today's trading session we are monitoring GBPCHF for a long term selling opportunity around 1.254 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Switzerland
CHFJPY ShortHey traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 122.6 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPCHFHey traders, in this week we are monitoring GBPCHF for a selling opportunity around 1.25 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURCHF ShortHey traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 1.04100 zone. Once we will receive any bearish confirmation the trade will be executed.
trade safe, Joe.
CADCHF LongHey traders, in this week we are monitoring CADCHF for a buying opportunity around 0.727 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
CHFJPY LongHey traders, in the coming week we are monitoring CHFJPY for a buying opportunity around 123,7 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
GBPCHF ShortHey traders, in this week we are monitoring GBPCHF for a selling opportunity around 1.241 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURCHF ShortHey traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 1.035 zone. Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCHF ShortHey traders, in the coming week we are monitoring AUDCHF for a selling opportunity around 0.656 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
NZDCHF ShortHey traders. in the coming week we are monitoring NZDCHF for a selling opportunity around 0,613, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURCHF ShortHey traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 1.043 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
CHFJPY ShortHey traders, in today's trading session we are monitoring CHFJPY for a short term selling opportunity around 125.5 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
USDCHF LongHey traders, in this week we are monitoring USDCHF for a buying opportunity around 0.908 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDCHF LongHey traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.665 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
GBPCHF ShortHey traders, in this week we are monitoring GBPCHF for a selling opportunity around 1.259 zone, Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
USDCHF longHey traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.918 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USDCHF longHey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.915 respecting the Monthly demand zone in combination with the bullish trend. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
CHFJPY UpdatesHey Traders, our CHFJPY long idea did hit our final target around 124 zone from 123 zone with over 100 pips of profits. in today's trading session we are monitoring CHFJPY for a possible pullback around 124.2 zone. Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
CHFJPY LongHey Traders, in tomorrow's trading session we are monitoring CHFJPY for a buying opportunity around 123 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USDCHF longHey Traders, in the coming week, we are monitoring USDCHF for a buying opportunity around 0.916, Once we will receive any bullish confirmation the trade will be executed. Trade safe and use proper risk management.
Joe.
GBPCHF shortHey Traders, today we are monitoring GBPCHF for the short term selling opportunity around 1,233 zone. once we will receive any bearish confirmation the trade will be executed.
Trade Safe, Joe.
EURCHF on its way to ATL1. Be aware that the SNB (Swiss National Bank) had set a minimum exchange rate of 1.20 CHF per EUR for some years to keep Switzerlands economy in place, because we rely on exports.
2. This synthetically set level can be seen in the period from 2012-2013 where the price basically did nothing for weeks and was just kept alive at that rate
3. On 15.01.2015 this synthetic minimum price was abolished and the price dumped instantly to under the equilibrium, even to 0.96 EUR per CHF. Historical moment!
4. Notice the bearish retest in 2018, what a beautiful rejection there at the last support from 2015.
5. Around start of the pandemic in march 2020 we had a bullish retest of support at bullish weekly OB indicated by the "tick" in green.
6. At the moment we broke this support and I am expecting another break and retest of this 3-month support @ 1.0418.
7. Last but not least, there is a big liquidity pool resting around the sell stops at 1.0234 , above and below. Probably will act as a magnet for price action and a big stop hunt happening there.
CONCLUSION:
--> EUR is at the brink of doom here, holding at the last support in its entire history to the Swiss Franc.
--> the narrative behind the weakness of EUR is the non-stop-printing of new money during the pandemic caused by the ECB
--> add the relatively stable condition of the swiss economy regarding the rest of europe into the mix, and you have enough reasons to sell your EUR to CHF
As a swiss-based trader, wanted to have a look at my personal exchange rate for buying things abroad or taking bigger investments like land and real estate in cheaper european countries. Applying some fundamental knowledge here, but mostly the chart explains itself with its price action. Hope this chart gives some clarification and insight!
USDCHF - Monthly Elliott LiveAs per plotting of the monthly in Advanced Get - we will update these ideas with weekly & daily plots.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
