EURCHF 240 - Channel Down Breakout : 2 days agoChannel Down has broken through the resistance line at 6/21 23:00. Possible bullish price movement forecast for the next 5 days towards 0.9644. Expiry Date/Time: 6/28 14:22Longby ronlobo0
Strong buy for EURCHF, 2hrEURCHF has reached a a very strong weekly low that has made it to bounce of it and change direction. For EURCHF we have been buying low and selling high. It respects the most of the simple patterns and respects them. For now the focus on the 2hr chart says that we are looking to bullish and we have lost the selling momentum. We have been selling for the month of June and we are hopefully going to follow the uptrend movement. Our downtrend resistance trendline that the pair has respected for more that three times has been broken and the pair got enough strength to push above it from the Inverse Head & Shoulder created. Longby AnalysisExpert228
EUR/CHF: Navigating SNB Cut and French Election DynamicsHey Traders, In today's trading session, we are closely observing the EUR/CHF pair for a potential selling opportunity around the 0.95500 zone. This level is identified as a key support and resistance area, aligning with the ongoing downtrend. The pair is currently in a corrective phase, approaching the trend line near the 0.95500 level. Recent Developments: Swiss National Bank (SNB) Policy Adjustment: Yesterday, the SNB implemented a 25 basis points rate cut. This move typically signals a dovish monetary stance, which might initially weaken the Swiss Franc. French Elections: As we approach the French elections, demand for the Swiss Franc is anticipated to remain robust. Political uncertainty often drives investors towards safe-haven currencies like the CHF. Given these dynamics, we expect the recent SNB rate cut's impact on the Swiss Franc to be temporary. The heightened demand for the Franc amid electoral uncertainty should bolster its strength, making the 0.95500 zone a critical level to watch for potential selling opportunities in the EUR/CHF pair. Best Regards, Joe Shortby JoeChampionUpdated 2210
EURCHF Will Move Lower! Short! Take a look at our analysis for EURCHF. Time Frame: 2H Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.954. Considering the today's price action, probabilities will be high to see a movement to 0.950. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider111
EURCHF is BullishPrice was in a downtrend, but now bulls seem to have assumed control of the price action as they have managed to break previous lower high and print a new higher high. Currently price is in trying to print a higher low, after which if it manages to break precious higher high a bullish rally could be triggered. Targets are mentioned on the chart. Longby Fahad-Rafique111
EURCHF - Basic Fibo retracementBasic fibo reversal trades based on 2 entries 1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$ 2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$ Total Risk: 200$ Total Profit: 1000$ Total RR 1:5Shortby The_SOBUpdated 2
EUR-CHF Short From Resistance! Sell! Hello,Traders! EUR-CHF shot up sharply And the pair is about to Retest a horizontal resistance Level of 0.9580 from where We will be expecting a Local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals113
EURCHF Price Analysis: Triple Bottom Signals a bullish momentumEURCHF Price Analysis: Triple Bottom Signals a bullish momentum On the 4-hour chart, the price tested 0.9480 for 3 times indicating the possibility of a triple bottom pattern. Today after the SNB Interst Rate decision, the price broke out of the pattern and is rising more by confirming in this way the bullish reversal pattern. This pattern can push the price further and will also be supported by the SNB news. 🚨Breaking: The Swiss National Bank (SNB) board members decided to cut the benchmark Sight Deposit Rate by 25 basis points (bps) from 1.50% to 1.25%, following its quarterly monetary policy assessment on Thursday. The decision came in line with the market expectations. The SNB announced a surprise 25 bps rate reduction in March to 1.50%, which made it the first major central bank to dial back tighter monetary policy - as reported by FXstreet. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniUpdated 7728
EURCHF 4HHello traders welcome back EURCHF my plan is to hunt the fundamentals for 80 pips green, so if you interested more jusst follow me and stay with me Longby Abdukadir_Hunter2
EUR/CHF SELLAs you can see we can see a trndline in the 15 minute cart and, in the one hour we can see strong sell signals in the macd and the rsi that are suposed to show the eurchf to fall more and more.Shortby hcarbajal121
EURCHF | Short D1 | Market Exec | Building Momentum for Risk OffTechnical 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 Fundamental Confluences for Trade: - There seems to be some disconnect between asset classes and with everyone already so 'risk-on', the risk-off build up momentum is ripe for the taking. Suggested Trade: Entry @ Area of Interest 0.9830 - 0.9870 SL @ 0.9942 TP 1 @ 0.9720 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.9598 Risk-to-Reward @ Approx. 2.59 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________Shortby weekendanalystUpdated 5
EURCHF Trade Signal: SellTraders, we have identified a new trading opportunity for the EUR/CHF pair. Here are the details for your consideration: - Direction: Sell - Enter Price: 0.94941 - Take Profit: 0.94674 - Stop Loss: 0.95352 Justification: Our forecast is based on the analysis conducted using the EASY Quantum AI strategy. This strategy combines advanced technical indicators with AI-based algorithms to predict market movements with high accuracy. 1. Technical Indicators: The moving averages and relative strength index (RSI) are pointing towards a bearish trend. The pair is currently facing resistance levels that suggest a potential downtrend. 2. Market Sentiment: Recent sentiment analysis shows a stronger Swiss Franc compared to the Euro, driven by economic reports and geopolitical factors favoring the CHF. 3. AI-Based Analysis: The AI component of our strategy highlights a higher probability of a price decline, as indicated by historical patterns and real-time data inputs. Please proceed with caution and ensure that you set the entry price, take profit, and stop loss as specified. Stay informed and trade wisely! Happy Trading!Shortby ForexRobotEasyUpdated 0
Trade Signal: EURCHF - BuyTraders, we have identified a potential buying opportunity for the EUR/CHF currency pair. Direction: Buy Enter Price: 0.9495 Take Profit: 0.95138667 Stop Loss: 0.94769667 Our signal is based on the analysis performed using the EASY Quantum Ai strategy. Here's why we believe this movement is likely: 1. Trend Analysis: The EUR/CHF pair has shown a consistent uptrend in recent sessions, supported by positive macroeconomic data from the Eurozone. 2. Technical Indicators: Key technical indicators such as moving averages and RSI have aligned, indicating potential upward momentum. 3. Support and Resistance Levels: The entry price at 0.9495 is positioned at a significant support level, enhancing the probability of an upward move. 4. Market Sentiment: Current market sentiment favors the euro over the Swiss franc due to differing economic outlooks and monetary policies. Remember, all trades carry risks, and it's essential to use appropriate risk management strategies. Always perform your own analysis or consult with a financial advisor before making trading decisions. Good luck, and trade safely!Longby ForexRobotEasy0
EURCHF → A safe CHF could lead to a fall in the pairing OANDA:EURCHF is actively declining towards 0.9677 and is not ready to go up yet. Based on the general fundamental background, the currency pair may continue to fall towards 0.96 or 0.95 After a false breakdown of the range support, there is no strong reaction and the price returns to the level (retest). Fundamentally, CHF is stronger than EUR. The reason for the strong fall of the currency pair is the strong Swiss franc, which is getting stronger on the background of growing risks of recession in Europe, because in this case the Swiss franc plays the role of a hedge asset. The situation is such that determines the medium-term potential. The currency pair may continue to decline after the breakout and consolidation of the price below 0.9677. In addition, the decrease in the ECB interest rate is also a favorable background Resistance levels: 0.9738 Support levels: 0.9677 I expect that a retest of the support may lead to a breakout of the level, which will provoke a strong sell-off in the market. Regards R. Linda!Shortby RLindaUpdated 1117
EURCHF Analysis: Bullish Reversal AnticipatedAfter an extended bearish trend, I have spotted a significant bullish formation on the EURCHF chart. Key technical indicators and chart patterns are pointing towards a potential reversal to a bullish trend. This presents a promising opportunity for traders to capitalize on the expected upward movement. Stay tuned for more detailed analysis and updates!Longby forexNetwork10Updated 7711
EUR-CHF Bearish Breakout! Sell! Hello,Traders! EUR-CHF is trading in a Downtrend and the pair Made a strong bearish Breakout of the key Horizontal level of 0.953 And the breakout is confirmed So we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals112
EUR/CHF may fall 39 - 64 pipsPivot 0.9560 Our preference Short positions below 0.9560 with targets at 0.9505 & 0.9480 in extension. Alternative scenario Above 0.9560 look for further upside with 0.9585 & 0.9605 as targets. Comment As long as 0.9560 is resistance, look for choppy price action with a bearish bias. Supports and resistances 0.9605 0.9585 0.9560 0.9544 Last 0.9505 0.9480 0.9450 Number of asterisks represents the strength of support and resistance levels.Shortby Daniel_Thompson2
Downside extended. Potential retracement1. Price pushed past key support level at 0.9681 without any consolidation / retracement 2. Wide price to daily 50 exponential moving average deviation 3. Price now at next level of support level Longby TrainingTraderUpdated 113
EUR/CHF Day Trading Analysis With Volume ProfileOn EUR/CHF it's nice to see a strong sell-off from the price of 0.95950. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the strong volume area are my main reasons for this short trade. Happy trading, Daleby Trader_Dale4
EUR/CHF For Bearish after finish pull-backwait for finish pull-back and creating lower high at red arrow or between fibo levels (50:61) and then go short if you want to go with pull back then you can go long with low lot size and out after creating lower high - EUR under pressure - General Trend is Down have fun :)Shortby maxbayne0
SELL CADCHF for downtrend continuation STOP LOSS : 0.6538 ThSELL EURCHF for downtrend continuation STOP LOSS : 0.9759 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Shortby BALE_FX5