After breaking the corrective channel the pair seems to have found support again. Although it is not a very strong area of support we can see that this area has been rejected twice last month. RSI also seems to confirm that a bigger corrective move might be in the cards. On top of that the pair printed a doji yesterday. All those factors combined make me feel...
FREE ANALYSIS ON #EURCHF Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) Expecting some bullish momentum soon on this pair. MACD already showing Bullish divergence. Keep an eye out for this pair
EURCHF daily timeframe has broken this continuation pattern after breaking the major trendline back in 2018. clear retest of this support zone showing potential bearish movement.
EURCHF is approaching its resistance at 1.11463 where it is could reverse down to its support at 1.10905. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF reversed off its resistance at 1.11480 where it could potentially drop further to 1.11165. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The EURCHF broke support and is on its way to below 200 moving averages, all of which continue to point to a weakening euro. Entry price: 1.1150 Stop loss: 1.1200 Take profit: 1.1000
About two months ago the eurchf dropped and touched major support (200 Moving average line) and returned to the upside, but the rallies did not hold up and the market returned to the downside, the nearest target to which the eurchf is going is probably again the Moving average 200. Take profit: 1.1160
waht eurchf as the bulls are about to take over
Hi Traders, The rally on EURCHF from the major low at 1.11621 took the form of Elliot wave impulse structure, labelled (i)-(v). According to the Elliot Wave theory, a three wave retracement follows every impulse move, in the EURCHF's case, the decline from wave 1/A high unfolded as a three-wave (a)-(b)-(c) zigzag pattern in wave 2/B. . The correction also finds...
Hi Traders, The rally on EURCHF from the major low at 1.11621 took the form of Elliot wave impulse structure, labelled (i)-(v). According to the Elliot Wave theory, a three wave retracement follows every impulse move, in the EURCHF's case, the decline from wave 1/A high unfolded as a three-wave (a)-(b)-(c) zigzag pattern in wave 2/B. . The correction also finds...
Market getting ready to change trend for a sell. RSI signalling overbought at 75 reading. Get in on buy and enjoy your profits. Market often forms a double top/bottom to signal trend reversal so look out for that. Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
In the last weeks, CHF (Swiss Franc) has been very weak against all the major currencies. Most likely there is more than one reason about it, including the SNB (Swiss National Bank) that has sold Swiss Francs and bought Euros (as it has often done in the last four and a half years). Today I analyse Eur-Chf because it has reached an interesting level. Two aspects...
Trade-Ideas no. 1010 Sell EURCHF at 1.1410 Stop loss at 1.1435 TP near 1.1380 or more Breakeven at 23 pips Trailing at 30 pips.
Trade no.1005 Order Type: Market Sell Sell at 1.1306 SL at 1.1336 TP near 1.1280 or 30pips+