Eurchfshort
EURCHF - 1W AnalysisAfter the support line has broken, the next support level to be tested is at 1.0300. Will the lowest price in January 2015 reoccur? Seeing the trend is certainly potential, but it cannot be predicted as early as now, seeing the distance that is still so far away, and the lines that need to be traversed.
EURCHF. Price will break through the support level.Hi guys!
Now the Euro is in a downward channel,
and will not soon begin its stable growth.
The price is approaching the level of support that it should break through
and will reach 1.06000. Good luck to you!
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This idea does not provide the financial advice.
EURCHF approaching support, potential for a bounce!
EURCHF is expected to drop to 1st support at 1.06262 where it could potentially react off and up to 1st resistance at 1.06607.
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EURCHF sell on H1Plan : wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
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EURCHF Market Outlook | Daily Forex Market BreakdownEURCHF
Looking very good I believe we could be seeing a very since swing trade developing. We need to be very patient. Pushing a bit lower but looking like we might be slowing down soon. We need to wait and see if we can keep pushing lower or if the bulls are going to take control.
EURCHF POSSIBLE SELL SET UPThis pair has an interesting set up. The price is on a downtrend, on his third structure, and making his third clean touch on the line, also in the old broken support (new resistance), and a .78 FIB level, with that three confirmations the prices has the strong enough to reach the support zone below (1.0796 and 1.0782) and then we will wait if the price make a bounce on any of the two support zones mentioned, or if the price manage to broke those support zones we will look for a bearish candle or chart pattern to enter a short trade.
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EURCHF: A solid buy setup is about to be valid!The chart pretty much explains exactly what we are preparing to do on EURCHF, go long!
But... yeap, we focus on being professional and "following" the markets without making crazy price predictions as we are no guru's or wizards and we surely have no crystal ball to predict the moves.
It is our duty and ongoing responsibility to be proactive and reactive at the same time to our charts and follow our basic analysis process of Past, Present, Future.
In short... we decide on Monday what we will do, but so far indications are we could be buying this one!