The price of the currency pair is expected to start a downtrend after reaching the resistance level of 0.98191 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the EUR and CHF exchange rates
EUR/CHF has confirmed a bullish breakout above the daily resistance level. We anticipate a continuation of this bullish trend towards the next resistance zone identified from previous price action. It is likely we will see a minor retracement before the pair resumes its upward rally.
Preferred direction: SELL Comment: Following our recent trading ideas, the US currency has strengthened slightly. This should not be confusing as the bearish potential for the US dollar remains. Also for the franc . Not long ago we held shorts to the level of 0.90108 . This time we also consider this level as a target and most likely the instrument will...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to multiple Supply zones - Price action is close to multiple Resistance Trendlines as well - Targeting the 50% Fibo retracement for this trade ...
📈🔍 EURCHF Update! 🚀 🔍 Here's a deeper dive into the current situation: EURCHF has been consolidating around a key horizontal level, indicating a potential reversal point. 🔄 The formation of a bullish pattern 🐂 suggests that buyers might be gaining control, especially after a successful test of this level. 📈 The crucial signal to watch for is a daily candle close...
The EUR/CHF currency pair is currently exhibiting a Bearish Bat Harmonic Pattern (XABCD) on the 4-hour chart. Point D, identified as the Potential Reversal Zone (PRZ), aligns with a critical Key Resistance area and intersects with a significant 4-hour Trend Line. This confluence of factors strengthens our bearish bias and suggests a potential bullish trend...
✅EUR_CHF will be retesting a resistance level of 0.9847 soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
the EURCHF can reach Q4, as ECB rates are basically still higher than SNB rates for some time to come. In other words, we're likely to see a bullish rate in the medium term. Then in the long term, if the European economy is strong.
Dear Traders, EURCHF, we have witness a strong change of character in the price, now we expect price to do small correction and reject from our entry point, we also have added stop loss and our take profit areas to make it more clear to all of you. Please keep in mind that tomorrow is NFP and market will likely to remain extremely bullish. We wish you a great...
Price is rising towards a resistance level which is a pullback resistance and could potentially reverse from this level to our take profit. Entry: 0.98393 Why we like it: There is a pullback resistance level. Stop loss: 0.98723 Why we like it: There is a resistance at the 127.2% Fibonacci extension. Take profit: 0.97762 Why we like it: There is a pullback...
My dear followers, I analysed this chart on EURCHF and concluded the following: The market is trading on 0.9797 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.9758 Safe Stop Loss - 0.9822 About Used Indicators: A super-trend indicator is plotted on either above or...
EURCHF formed a cup & handle pattern after a test of a key horizontal support. I am looking for a bullish breakout of its neckline to buy the pair. A daily candle close above 0.978 will confirm the violation. A bullish continuation will be expected to 0.982 resistance then. ❤️Please, support my work with like, thank you!❤️
My dear friends, My technical analysis for EURCHF is below: The market is trading on 0.9773 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.9754 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
H1 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97973 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98353 Why we like it: There is a pullback resistance...
My Dear Robbers / Traders, This is our master plan to Heist Bullish side of EURCHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens...
EUR-CHF is going up To retest the horizontal Resistance of 0.98360 And after the retest We will be expecting A local move down !