Trade Idea: Buying EURCHF Reasoning: Ending wedge on the daily and lower end of a range. Entry Level: 0.9725 Take Profit Level: 0.9765 Stop Loss: 0.9706 Risk/Reward: 2.1/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
EURCHF - Intraday - We look to Sell at 0.9879 (stop at 0.9901) Short term bias has turned negative. Short term MACD has turned negative. Expect trading to remain mixed and volatile. We look for a temporary move higher. 0.9891 has been pivotal. Our profit targets will be 0.9823 and 0.9813 Resistance: 0.9840 / 0.9870 / 0.9890 Support: 0.9810 / 0.9790 /...
Nothing is doing worse this year than the euro and my margin. It suggests long positions from a several-year low with nice RR. You can wait for Fomoc today or open small poosition from now. Take care
Trade Idea: Selling EURCHF Reasoning: Downtrend to persist Entry Level: 0.9633 Take Profit Level: 0.9553 Stop Loss: 0.9659 Risk/Reward: 3.03:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
EURCHF - Intraday - We look to Sell at 0.9615 (stop at 0.9635) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. We look for a temporary move higher. 20 4hour EMA is at 0.9615. Our profit targets will be 0.9566 and 0.9556 Resistance: 0.9580 / 0.9600 / 0.9620 Support: 0.9570 / 0.9550 / 0.9530 ...
EURCHF - Intraday - We look to Sell at 0.9699 (stop at 0.9721) Daily signals are bearish. Preferred trade is to sell into rallies. Previous support at 0.9700 now becomes resistance. We look for a temporary move higher. Our profit targets will be 0.9644 and 0.9634 Resistance: 0.9680 / 0.9700 / 0.9720 Support: 0.9660 / 0.9640 / 0.9620 Risk Disclaimer...
EURCHF - Intraday - We look to Sell at 0.9809 (stop at 0.9831) Our short term bias remains negative. 0.9811 has been pivotal. Previous support at 0.9810 now becomes resistance. Preferred trade is to sell into rallies. Our profit targets will be 0.9755 and 0.9745 Resistance: 0.9800 / 0.9820 / 0.9840 Support: 0.9780 / 0.9760 / 0.9740 Risk Disclaimer...
EURCHF - Intraday - We look to Sell at 0.9882 (stop at 0.9903) Bespoke resistance is located at 0.9880. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Preferred trade is to sell into rallies. Our short term bias remains negative. Our profit targets will be 0.9828 and 0.9818 ...
EURCHF - Intraday - We look to Sell at 0.9943 (stop at 0.9964) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. 0.9945 has been pivotal. Previous support at 0.9945 now becomes resistance. Our profit targets will be 0.9888 and 0.9878 Resistance: 0.9900 / 0.9920 / 0.9945 Support: 0.9870 / 0.9850...
EURCHF - Intraday - We look to Sell at 0.9943 (stop at 0.9964) Our short term bias remains negative. 20 4hour EMA is at 0.9935. 0.9945 has been pivotal. Previous support at 0.9945 now becomes resistance. Our profit targets will be 0.9888 and 0.9878 Resistance: 0.9900 / 0.9920 / 0.9945 Support: 0.9870 / 0.9850 / 0.9830 Risk Disclaimer The trade ideas...
EURCHF - Intraday - We look to Sell at 1.0049 (stop at 1.0072) The weaker Euro has boosted performance. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Previous support at 1.0050 now becomes resistance. Our profit targets will be 0.9992 and 0.9982 Resistance: 1.0020 / 1.0050 / 1.0080 ...
EURCHF - Trade Idea (Medium Term) I've been long EURCHF for while, I have scaled out in my positions mostly but now the key pull back occurring is a very interesting area! Technical Aspects: Support: 1.09095, 1.08390, 1.07440, 1.06420 Resistance: 1.10295, 1.11490, 1.12685, 1.13605 Pattern: Smaller term, wedge. Longer term, channel. 200 EMA - Key resistance...
There is a strong possibility that a downward breakout will come; but a pullback to the descending wedge line will yield a better RR, if there's no break upward. DISCLAIMER: TRADE WITH CARE. THIS IS NOT A SIGNAL SERVICE!
The euro-Swiss is implying a switch in long-term trend to bullish after crossing above its 200 DMA I posted about the EUR/CHF breakout beyond its down-sloping trend line earlier (linked below)
Euro is breaking higher on possibility of joint-EU bonds 1.05 is major long term support and appears to have held. A spike higher in EUR/CHF beyond a down sloping trendline could usher in further upside
Looking at EURCHF dollar for a probable long trade opportunity price is forming an EXPANDING TRIANGLE as a Continuation pattern to the bottom Current price formed an Inverted Head and Shoulder Pattern waiting for the Bull flag to confirm the move to the upside for the third touch at the top of the structure
Hi Traders, here is my analysis on EURCHF buys. This is based on the consensus for ECB today (in 36 mins of time of writing), which will create a short spike down for potential longs (if goes as planned). Combining this with the technicals, we can see 2 levels that are yet to be filled, on the weekly fib, and a daily fib. Of course, if news comes out the other...
If price continues the respect on this trendline, I'll be looking for buys. However, I would be waiting to see signs that price is ready to turn around like MACD divergence or reversal patterns.