Hello,Friends! EUR/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 8H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.939...
Price is breakout of our sell entry at 0.96383, an overlap resistance and is reversing to our take profit at 0.94193, a pullback support level. Our stop loss is at 0.96242, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
Hello Traders In This Chart EURCHF HOURLY Forex Forecast By FOREX PLANET today EURCHF analysis 👆 🟢This Chart includes_ (EURCHF market update) 🟢What is The Next Opportunity on EURCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
As we see our first take profit has been hit, now we target our main TP. Share your idea in the comment section of this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
Looking ahead to the upcoming week, our strategic focus centers on EURCHF, as we actively evaluate a potential buying opportunity within the 0.94600 zone. The technical analysis reveals that EURCHF has been consistently advancing in an uptrend, showcasing a noteworthy upward trajectory. Currently, the currency pair is in the midst of a correction phase, steadily...
Hello traders, we want to check the EURCHF chart. After reaching the specified support level, the price has started an upward trend. We expect the price to maintain its upward trend and the price will grow to around 0.95400. good luck.
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURCHF chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Instrument shows break of previous LH. Wait for the further confirmation of retrace to Fib level 50% to 60%. Place pending buy stop either at 50% or 60% level. Will this trade get executed with success of hitting our TP's?
Everyone, Like Cadchf and Usdchf we think all chf tag will be bullish in coming days. Therefore, a entry with proper risk management can be a good one. Just wait for today’s daily candle to close before taking any further entries!
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Please, check our technical outlook for EURCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.949. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
EURCHF is trading in descending parallel channel. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of local falling wedge from strong support zone and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout...
This pair is getting really close to its lowest point from last year at 0.94, and I'm beginning to lean towards buying. Here's my thinking. I believe we might see it drop below 0.94, but that could just be a quick move to trigger stop-loss orders, with lots of them set just below that point. If it does drop below 0.94, it might happen quickly, with a sharp fall...
The EURCHF pair stayed within the long-term Channel Down, got rejected on its top after our November 02 sell call (see chart below) and effectively hit our 0.941850 target: Despite having more downside to drop it below Support 2, we expect a medium-term rebound as the 1D MACD is very close to posting a Bullish Cross, which within this Channel Down has been a...
EUR/CHF has recently confirmed a ChoCh (Change of Character) on the major order flow, accompanied by multiple Breaks of Structure (BoS) indicating a reversal. The price has retraced back towards the most recent Order Block (OB), where we observe demand and bullish sentiment in close proximity to the highlighted zone.
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further in the short term.
EURCHF - 24h expiry There is no clear indication that the downward move is coming to an end. Bespoke resistance is located at 0.9475. 50 4hour EMA is at 0.9480. We look for a temporary move higher. The lack of interest is a concern for bulls. We look to Sell at 0.9475 (stop at 0.9499) Our profit targets will be 0.9415 and 0.9405 Resistance: 0.9450 /...