EURCHF to find buyers close to previous low?EURCHF - 24h expiry
Buying posted close to the previous low of 0.9417.
Bullish divergence is expected to support prices.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look for a temporary move higher.
We look to buy dips.
We look to Buy at 0.9420 (stop at 0.9396)
Our profit targets will be 0.9480 and 0.9490
Resistance: 0.9450 / 0.9470 / 0.9505
Support: 0.9434 / 0.9417 / 0.9400
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Chf
CADCHF Potential DownsidesHey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.64900 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64900 support and resistance zone.
Trade safe, Joe.
USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.87600 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87600 support and resistance area.
Trade safe, Joe.
USDCHF: Classic Smart Money Pattern?! 🇺🇸🇨🇭
I spotted a classic smc formation on USDCHF.
The price violated a key support. The violation turned out to be a trap
and the market returned above the structure with a strong bullish imbalance.
We may anticipate more growth now.
Goal - 0.873
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USDCHF 3/12/23US dollar Swiss franc breaking out of our bearish range following into another bearish range we're now waiting for our swing low to form so we can confirm the range direction as a whole we have a very clear point of interest along with liquid highs we're looking for these to be round before further downside.
AUDCHF Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring AUDCHF for a buying opportunity around 0.57800 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57800 support and resistance area.
Trade safe, Joe.
EURCHF Potential DownsidesHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97200 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.97200 support and resistance area.
Trade safe, Joe.
EURCHF intraday dips continue to attract buyers.EURCHF - 24h expiry
Previous support located at 0.9625.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
A Morning Doji Star formation has been posted at the low.
Preferred trade is to buy on dips.
Daily signals are mildly bullish.
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We look to Buy at 0.9627 (stop at 0.9607)
Our profit targets will be 0.9677 and 0.9687
Resistance: 0.9650 / 0.9660 / 0.9680
Support: 0.9635 / 0.9625 / 0.9615
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
CHF Futures Trade PlanWe are observing a rise in activity and open interest at the 1.125 Put strike. A surge of purchases is expected if the price hits the level marked on the chart (put breakeven point). The appealing graphical illustration supports this scenario, while the 11-day period before the option contract's expiration goes against it.
EURCHF: Is That a Bullish Confirmation?! 🇪🇺🇨🇭
In comparison to USDCHF, EURCHF looks bullish to me.
The price is trading within a wide horizontal range on a 4H.
Testing its support, the pair formed a tiny cup & handle pattern
and violated its neckline.
I believe that the market will go to the resistance of the range - 0.9678
❤️Please, support my work with like, thank you!❤️
USDCHF 26/11/23US dollar to the Swiss franc here showing us that the bearish price action is the overall movement that the market wants now last week we had a bullish range within the bearish order flow but overall the market has continued to go bearish as we come into this range we are looking for the swing low to form to validate our range we are then looking for the highlighted areas above to be contacted for an overall continuation in bearish price action.
USDCHF Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring USDCHF for a selling opportunity around 0.88400 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88400 support and resistance area.
Trade safe, Joe.
USDCHF forming a bottom.USDCHF - Intraday
Posted Mixed Daily results for the last 4 days.
A Doji style candle has been posted from the base.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Price action looks to be forming a bottom.
Bespoke support is located at 0.8825.
We look to buy dips.
We look to Buy at 0.8825 (stop at 0.8805)
Our profit targets will be 0.8875 and 0.8885
Resistance: 0.8850 / 0.8875 / 0.8900
Support: 0.8825 / 0.8817 / 0.8800
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.