EURCHF → A safe CHF could lead to a fall in the pairing OANDA:EURCHF is actively declining towards 0.9677 and is not ready to go up yet. Based on the general fundamental background, the currency pair may continue to fall towards 0.96 or 0.95 After a false breakdown of the range support, there is no strong reaction and the price returns to the level (retest). Fundamentally, CHF is stronger than EUR. The reason for the strong fall of the currency pair is the strong Swiss franc, which is getting stronger on the background of growing risks of recession in Europe, because in this case the Swiss franc plays the role of a hedge asset. The situation is such that determines the medium-term potential. The currency pair may continue to decline after the breakout and consolidation of the price below 0.9677. In addition, the decrease in the ECB interest rate is also a favorable background Resistance levels: 0.9738 Support levels: 0.9677 I expect that a retest of the support may lead to a breakout of the level, which will provoke a strong sell-off in the market. Regards R. Linda!Shortby RLindaUpdated 1117
EURCHF Analysis: Bullish Reversal AnticipatedAfter an extended bearish trend, I have spotted a significant bullish formation on the EURCHF chart. Key technical indicators and chart patterns are pointing towards a potential reversal to a bullish trend. This presents a promising opportunity for traders to capitalize on the expected upward movement. Stay tuned for more detailed analysis and updates!Longby forexNetwork10Updated 7711
EUR-CHF Bearish Breakout! Sell! Hello,Traders! EUR-CHF is trading in a Downtrend and the pair Made a strong bearish Breakout of the key Horizontal level of 0.953 And the breakout is confirmed So we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals112
EUR/CHF may fall 39 - 64 pipsPivot 0.9560 Our preference Short positions below 0.9560 with targets at 0.9505 & 0.9480 in extension. Alternative scenario Above 0.9560 look for further upside with 0.9585 & 0.9605 as targets. Comment As long as 0.9560 is resistance, look for choppy price action with a bearish bias. Supports and resistances 0.9605 0.9585 0.9560 0.9544 Last 0.9505 0.9480 0.9450 Number of asterisks represents the strength of support and resistance levels.Shortby Daniel_Thompson2
Downside extended. Potential retracement1. Price pushed past key support level at 0.9681 without any consolidation / retracement 2. Wide price to daily 50 exponential moving average deviation 3. Price now at next level of support level Longby TrainingTraderUpdated 113
EUR/CHF Day Trading Analysis With Volume ProfileOn EUR/CHF it's nice to see a strong sell-off from the price of 0.95950. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the strong volume area are my main reasons for this short trade. Happy trading, Daleby Trader_Dale4
EUR/CHF For Bearish after finish pull-backwait for finish pull-back and creating lower high at red arrow or between fibo levels (50:61) and then go short if you want to go with pull back then you can go long with low lot size and out after creating lower high - EUR under pressure - General Trend is Down have fun :)Shortby maxbayne0
SELL CADCHF for downtrend continuation STOP LOSS : 0.6538 ThSELL EURCHF for downtrend continuation STOP LOSS : 0.9759 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Shortby BALE_FX5
Eurchf is bullish Eurchf is in down trend but it reached to the extreme levels where it should rebound to up side before it continues into its direction. Now eurchf should go up to 0.9580-0.9600, then we will wait the confirmations to go bearish with the trend. Moreover all eur pairs are oversold which it stands with our vision.Longby Zeyadabdo2
EURCHF Will Move Lower! Short! Please, check our technical outlook for EURCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.963 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 666
EUR-CHF Risky Long! Buy! Hello,Traders! EUR-CHF is falling down And the pair is locally Oversold so after the Pair hits the the support Of 0.956 we will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals226
EUR/CHF For Bearishyou can go short now or wait for pull-back and creating lower high at red arrow or fibo levels area 50:61 - EUR is Weak - CHF is Strong - General Trend is Down have fun :)Shortby maxbayne220
EURCHF Sell limitTouching key level is so beautiful, I put a waiting order here. Let's see how market dance.Shortby mrkfinancialUpdated 443
EURCHFEURCHF is showing Bearish divergence place a sell as it will break its Last HL WITH Trendline Shortby Trade_WithOsamaUpdated 4
EURCHF is BullishBulls are in control of the price action and have managed to print a higher low and higher high. If they manage to retain control the price could move to new highs according to Dow theory. Targets are mentioned on the chart. Longby Fahad-Rafique2
Shorting EURCHF Looking at the economic value of the company EURCHF it's should be able to make 160pips in the future, through my financial valuation analysis on the price action. The company EURCHF was built by an activist investor in the weekend when the making was closed, this tells that activist can see the economic value of the pair EURCHF, the accounting records shown on the price account for the company EURCHF is not not leading to the direction on its economic growth.. So I'm, entrusting the activist investor in make adjustments to the company EURCHF director , because there is a new developing opportunity in the CHF sector developing at the moment. Shortby DolapoJebe4
EUR/CHF may fall 14 - 29 pipsPivot 0.9685 Our preference Short positions below 0.9685 with targets at 0.9660 & 0.9645 in extension. Alternative scenario Above 0.9685 look for further upside with 0.9705 & 0.9720 as targets. Comment As long as 0.9685 is resistance, look for choppy price action with a bearish bias. Supports and resistances 0.9720 0.9705 0.9685 0.9674 Last 0.9660 0.9645 0.9635 Number of asterisks represents the strength of support and resistance levels.Shortby Daniel_Thompson3
EURCHFEURCHF is showing Bullish divergence Along place a buy as it will break its Last HL WITH Trendline Longby Trade_WithOsama2
EURCHF LongEURCHF is showing bullish divergence on RSI and double bottom reversal pattern is formed. Price action is moving upwards forming bullish trend. Longby H2TO0
Trade idea - EURCHF Long4H Bullish impulse: indication . Pattern within pattern: confirmation. Inverse head & shoulders, Bullish fake out flag. Clear support & resistance zone is there. Corrective approach towards entry zone. -68 Fib completion aligning with entry zone . = Buy limit set. 1% risk. Longby PipjagerUpdated 0