I cant really see this pair breaking out anytime soon. The main focus here is if we want to jump in, we jump in short. This is on our watchlist 👀
EUR - BEARISH 1️⃣ ECB President Christine Lagarde told the WSJ that the central bank was ready to unleash further stimulus to support the Eurozone economic recovery, including slashing interest rates deeper into negative territory. 2️⃣ Lagarde also warned that output would not return to pre-pandemic levels until the end of 2022. CHF - BULLISH 1️⃣ The selling...
Hello Traders, Here is the Top-Down Analysis of EURCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Price is at monthly support level with last month closing in a Doji. W > Price is in consolidation at this level since July 2020. D > Consolidation of over 100 pips is ideal for intraday trading with two support trend...
EURCHF Finally has broken out of a 2 year descending trend line, which gives us a shift from a selling to buying BIAS, extra confluence is that it has just bounced off a demand zone and has successfully retested it on a 78.6 fib level. I'm already holding BUY Positions and I expect price to rally to my final TP around 1.1000
The Euro appears to be gaining momentum after such a long time lingering in the background of a Bullish Franc as it begins to find her way a major Demand level. A bullish engulfing candle breaking out of Major Support/Resistance level last week is a sign that supports a Bullish perspective in the coming week(s). Tendency: Uptrend ( Bullish ) ...
Lower highs and higher lows so far. Lets see
Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for EURCHF. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2 .Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow...
currently, we are seeing price respected the trendline resistance, we need to wait for the price to breakout resistance level 1 before placing any buy order. use resistance level 2 or resistance level 3 as the target price. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of...
Price back to my trend line resistance. Would it hold or would price turn it to a support?? Lets see
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market or on pull back,if my markup is right we are start formed wave of 3 targets: 1.0865 - 1.0915 - 1.0970 after first target reached move ur stop to breakeven stop: 1.0766 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to...
Please share with me your thoughts Regards
EURCHF has formed an Inverted Head & shoulder Pattern , as shown in chart. The pattern Indicate the possible of upside move in EURCHF. According to chart pattern analysis, we might see upside move in EURCHF towards the resistance 2 . it has already test the support level consider it as strong support, there is higher change of price move for resistance 2 . One can...
EUR/CHF has been interacting with the descending weekly trend zone for the past six weeks. We have seen no break to the upside from the descending weekly zone which may mean there is a lack in bullish momentum to break through. Since 2018, every ascending or ranging market that has then met the descending weekly trend zone has broken to the downside. We will...
price in downtrend channel and also bounced from support zone not looking bullish right now will check at support. right now i am bearish here it can take support
Hello my friends, I just got this fresh from the oven of my tradingview forex screener. This pair has been in consolidation for 6 weeks and yesterday candle finally showing some strength in bulls. We got all the confirmation needed to take a long position. 1st confirmation is price above the kumo cloud so we only looks to buy. 2nd confirmation is Parabolic SAR...
Hey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we need to wait for a confirmation! EUR/CHF: Daytrade-Preparation Note: Aggressive management as market is still choppy! Market-Buy: 1,07900 Stop-Loss: 1,07675 Target 1: 1,08135 Target 2: 1,08220 Target 3: 1,08400 Stop-Loss: 22,5 pips Risk:...
EUR - BULLISH 1️⃣ Euro was supported by a stronger-than-expected Eurozone's business survey in August, as well as broad dollar weakness in the aftermath of Federal Reserve Chairman Jerome Powell's speech at Jackson Hole. 2️⃣ The US Fed chief also warned about increasing downward risks to employment and inflation due to the pandemic. CHF - BEARISH 1️⃣ The...