EURCHF sell on H4Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
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Eurchfforecast
Further Bullish Momentum? - EUR/CHF Ichimoku Long TradeThis pair got a big bullish push over the past couple weeks and I'm looking for that trend to continue.
All our confirmations are looking pretty strong right now, I just would like to see a small dip to get a good entry.
I'm going to play this one with a pretty tight stop loss since we've been respecting tenkan sen so well.
My overall target is previous major price structure highs but I've drawn out several partial take profit levels to aim for as it rises.
If we fail to hold our bullish trend or if our confirmations change, this setup may become invalidated.
EURO/SWISS UPDATE - DOWNANALYSIS ON EURCHF
Welcome to my analysis
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1HR CHart
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Interesting Point of interest In the EURCHFpair.
- Price above 200 day EMA.
- look for sell opportunities.
- Expecting more downward momentum.
- Watch 1.09406 for take profit.
- MACD showing bearish divergence
Stay Tuned
EURCHF Long OpportunityHey guys its Brian here with a long opportunity for EURCHF.
As you can see from the chart, I have identified a solid support that has held many times. The price is currently testing that support and this provides a good long opportunity.
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EURCHF approaching resistance, look out for potential reversal!
EURCHF is approaching its resistance at 1.09389 where it is could reverse down to its support at 1.08962.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BUY EURCHF AFTER PULLBACKFX:EURCHF
Buyers are having a field day. We saw price impulse bullish and it's currently rejecting off a solid point of resistance. Price is showing potential to retrace at least 50% of that bullish move before the buyers come into play again. You can also see this as buyers taking profits.
Entry, stop loss and take profit have all been marked. Risk no more than 2%.
EURCHF Fundamental Analysis – September 2nd 2019Here are the key factors to keep in mind today for Euro trades:
Spanish Markit Manufacturing PMI: The Spanish Markit Manufacturing PMI for August was reported at 48.8. Economists predicted a figure of 48.5. Forex traders can compare this to the Spanish Markit Manufacturing PMI for July which was reported at 48.2.
Italian Markit/ADACI Manufacturing PMI: The Italian Markit/ADACI Manufacturing PMI for August is predicted at 48.5. Forex traders can compare this to the Italian Markit/ADACI Manufacturing PMI for July which was reported at 48.5.
French Markit Manufacturing PMI: The Final French Markit Manufacturing PMI for August is predicted at 51.0. Forex traders can compare this to the previous French Markit Manufacturing PMI for August which was reported at 51.0.
German Markit/BME Manufacturing PMI: The Final German Markit/BME Manufacturing PMI for August is predicted at 43.6. Forex traders can compare this to the previous German Markit/BME Manufacturing PMI for August which was reported at 43.6.
Eurozone Markit Manufacturing PMI: The Final Eurozone Markit Manufacturing PMI PMI for June is predicted at 47.0. Forex traders can compare this to the previous Eurozone Markit Manufacturing PMI for June which was reported at 47.0.
Here are the key factors to keep in mind today for Swiss Franc trades:
Swiss Retail Sales: Swiss Retail Sales for July increased by 1.4% annualized. Forex traders can compare this to Swiss Retail Sales for June which increased by 0.7% annualized.
Swiss Manufacturing PMI: The Swiss Manufacturing PMI for August is predicted at 45.7. Forex traders can compare this to the Swiss Manufacturing PMI for July which was reported at 44.7.
Swiss Total Sight Deposits and Swiss Domestic Sight Deposits: Swiss Total Sight Deposits for the week of August 30th are predicted at CHF592.1B and Swiss Domestic Sight Deposits are predicted at CHF480.0B. Forex traders can compare this to Swiss Total Sight Deposits for the week of August 23rd which were reported at CHF591.7B and to Swiss Domestic Sight Deposits which were reported at CHF478.1B.
Should price action for the EURCHF remain inside the or breakout above the 1.0830 to 1.0920 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1.0890
Take Profit Zone: 1.1060 – 1.1110
Stop Loss Level: 1.0800
Should price action for the EURCHF breakdown below 1.0830 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1.0790
Take Profit Zone: 1.0670 – 1.0720
Stop Loss Level: 1.0830
EURCHF approaching support, potential for a bounce!
EURCHF is expected to drop to 1st support at 1.08717 where it could potentially react off and up to 1st resistance at 1.08881.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.