----------------EURCHF SHORT----------------
Although it seems like EURCHF currency pair had their first impulse leg to the upside on weekly timeframe I expect a correction from current zone on the daily timeframe. One more push to the upside it possible and after that we might see at least a pullback or a complex correction before it continues to the north. I...
Hello,Traders!
EUR-CHF went down and
Retested a weekly horizontal
Support level around 0.9679
And already made a rebound
So as the pair is trading in an
Uptrend I believe that we will
See a further move up
Buy!
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Hey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.96700 zone, EURCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.96700 support and resistance area.
Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bullish , trading within the flat wedge pattern in blue.
Currently, EURCHF is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong demand zone $0.972.
🏹 Thus, the highlighted blue circle is a strong...
In the video, we analyze the EURCHF currency pair. Our assessment identifies a potential buying opportunity. We’ll deconstruct the current price trend, meticulously evaluate recent price movements, take market dynamics into account, and identify a potential entry point based on favorable technical analysis. However, it’s essential to emphasize the importance of...
Hello,Traders!
EUR-CHF was trading along
The rising support line but
Now we are seeing a
Bearish breakout and the
Breakout is confirmed so
I think that we will see
A further move down
Sell!
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Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURCHF.
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What better way to start the new year than with a EURCHF long?
I am open to suggestions.
EUR view:
➡️ Inflation in the eurozone will rise slightly in early 2023 and climb towards the 3% mark🟢
➡️ In addition, however, it will fall more sharply in the following months than the ECB currently expects, forcing the ECB to cut interest rates earlier than planned🟢
...
Assumptions:
- EUR/CHF is observed to be adhering to a robust trendline channel, indicating a clear directional bias in the market.
- Entry is suggested at the prevailing price of 0.97560.
- Stop Loss is recommended to be placed near 0.96960 to mitigate potential downside risk.
- Take Profit levels are set at TP-1: 0.98150 and TP-2: 0.98760.
Analysis:
EUR/CHF...
EURCHF is approaching the top of the multi year Channel Down pattern with 1D on bullish technicals (RSI = 66.643, MACD = 0.006, ADX = 55.830) but with a weekly chart almost overbought. The 1D RSI has already posted its first LL which suggest an underlying Bearish Divergence. We turn bearish on this pair targeting the 0.5 Fibonacci (TP = 0.9600) like the previous...
🎗 Pair of Name OANDA:EURCHF ( Euro / Swiss Franc )
🗨️ Time Frame : 12h
✔️ Direction : Long
➕ Type : Middle Channel Band break + VP Poc Break - upper Band
————————
The Bullish side . as we can see price has been on the clear bullish side ever since the start of the year. Along with that, Price broke the liquidity trend line. And we are now in expectations of...
Take a look at our analysis for EURCHF.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.977.
The above observations make me that the market will inevitably achieve 0.981 level.
P.S
Overbought describes a period of time where there has been a...
This is a beautiful price action.
We can see a clear market maker-buy model here.
Smart money reversal and distribution phase one is already done, now we should wait to intermediate low form and then buy.
Now, I can see the steel side liquidity formed above and inside the FVG which is a high-probability scenario for buy.
If the price continues to create a...
I will short EurChf once it breaks the major trendline and retests. For now, I will just be waiting until it does so. My setup will be invalid if it breaks the above resistance and continues to buy.
✅EUR_CHF fell again to retest the support
But it is a strong rising support line
So I think that there is a high chance
That we will see a bullish rebound and a move up
LONG🚀
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Hello,Traders!
EUR-CHF is trading in an
Uptrend along the rising
Support line and we are already
Seeing a rebound from the
Support so we will be expecting
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over....
