EURCHF: Expecting Bullish Continuation! Here is Why
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURCHF pair price action which suggests a high likelihood of a coming move up.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
CHFEUR trade ideas
EUR/CHF BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/CHF is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 0.963.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EUR_CHF SUPPORT AHEAD|LONG|
✅EUR_CHF will be retesting a support level of 0.9500 soon
From where I am expecting a bullish reaction
With the price going up 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
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long EURCHFGood morning traders,
EURCHF is above 200 MA, higher lows and higher highs after bottom at 0.92 . I´m expecting a bullish leg till 0.98 area
Scenario will be cancelled below 0.94 on a daily basis
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Have a great weekend
Plan your trade ahead of time to avoid impulsive decisions All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade then this is how you will gain consistency in you trading and build confidence
www.tradingview.com
EURCHF LongHi Everyone,
Hope you are all well and enjoyed my gold signal that hit all TP's
Here is our EURCHF Signal. wait for the 15 minute candle to close above the entry, and then for price to respect the entry, then we can enter. Here are the numbers.
EURCHF Buy
📊Entry: 0.95727
⚠️Sl: 0.95176
✔️TP1: 0.96349
✔️TP2: 0.97141
✔️TP3: 0.98148
Stick to the rules
Hope you all earn lots of profit.
Best wishes,
Sarah
Watch Out for 0.9510 Support for EURCHFEURCHF is approaching the 0.9510 support level ahead of the SNB decision. Markets are currently pricing in a 25 basis point rate cut with a 68.1% probability. However, the recent relief in the Swiss franc may give the SNB reason to hold rates steady.
Our view is that the SNB will proceed with a 25 basis point cut today, and the 0.95–0.9510 support area is likely to hold. However, if this support zone breaks, it could trigger a medium-term selloff, potentially pushing EURCHF below 0.94.
EUR_CHF BEARISH BREAKOUT|SHORT|
✅EUR_CHF broke out
Of the bearish wedge pattern
So we are locally bearish
Biased and we will be
Expecting a further
Bearish move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
#EURCHF 4HEURCHF (4H Timeframe) Analysis
Market Structure:
The price is currently testing a well-established trendline resistance, which has previously acted as a barrier for upward movement. Sellers have shown strong presence at this level, leading to potential downside pressure.
Forecast:
A sell opportunity may emerge if the price faces rejection at the trendline resistance and forms bearish confirmation. If the resistance holds, the market may continue its downward movement.
Key Levels to Watch:
- Entry Zone: Selling near the trendline resistance after confirmation of rejection.
- Risk Management:
- Stop Loss: Placed above the trendline resistance to minimize risk.
- Take Profit: Target lower support zones or previous swing lows.
Market Sentiment:
If the price remains below the trendline resistance, the bearish outlook stays valid. However, a breakout above this level could shift sentiment toward further bullish movement.
EURCHF My Opinion! BUY!
My dear followers,
This is my opinion on the EURCHF next move:
The asset is approaching an important pivot point 0.9588
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.9605
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
Scenario Analysis of EUR/CHF 4H Chart1. Market Structure
The market was previously in a downtrend but experienced a strong bullish breakout around early March.
Price surged upwards, breaking a key resistance zone (now acting as support).
The current price action appears to be forming a rising wedge, a potential reversal pattern.
2. Key Levels
Support Zone: Around 0.9500, which was previously resistance and now turned into a strong support.
Resistance Zone: Around 0.9650, where price is facing difficulty breaking above.
Current Price: 0.95986.
3. Chart Pattern - Rising Wedge
A rising wedge is visible, which is often a bearish reversal pattern.
Price is consolidating near the upper boundary of the wedge, showing signs of exhaustion.
If price breaks below the wedge, a bearish move towards the 0.9500 level is likely.
4. Confirmation Factors
EMA 50: The price is currently hovering around the 50-period EMA, indicating a possible shift in momentum.
Bearish Rejection Wicks: There are multiple rejection candles at the resistance zone, showing seller strength.
Breakout Zone: If the price breaks below the wedge and the gray support zone, it will confirm a bearish move.
5. Trading Plan
Bullish Scenario: If price breaks above the wedge and sustains above 0.9650, it could push towards 0.9700+.
Bearish Scenario: If price breaks below the wedge and the support zone, a drop towards 0.9500 or lower is expected.
Best Approach: Wait for a breakout confirmation before entering a trade.
VWAP + S&R - Technical & Fundamental ConfluenceTechnical Setup: EURCHF is rejecting Asia high, aligning with the two-day anchored VWAP, which reinforces this level as a key area of interest.
Fundamental Outlook: Several factors support a bullish bias:
CO2 data, retail positioning, seasonality, GDP, and interest rates all indicate strength for EUR.
The combination of these factors suggests a continuation of the uptrend.
With both technical and fundamental confluence, this setup presents a strong case for a bullish move in EURCHF.
EURCHF Bullish Breakout supported at 0.9530The EUR/CHF currency pair is showing a bullish sentiment, supported by the prevailing long-term uptrend. Recent intraday price action indicates a bullish breakout from a sideways consolidation phase, with the previous resistance now acting as a new support zone.
Key Support and Resistance Levels:
Support Zone: The critical support level to watch is 0.9530, representing the previous consolidation price range. A corrective pullback toward this level, followed by a bullish rebound, would confirm the continuation of the uptrend.
Upside Targets: If the pair sustains a bounce from 0.9530, it may aim for the next resistance at 0.9640, followed by 0.9665 and 0.9690 over the longer timeframe.
Bearish Scenario: A confirmed break and daily close below 0.9530 would negate the bullish outlook and increase the likelihood of further retracement. In this scenario, the pair could retest the 0.9500 support level, with further downside potential toward 0.9450.
Conclusion:
The bullish sentiment for EUR/CHF remains intact as long as the 0.9530 support holds. Traders should monitor the price action at this key level to assess potential buying opportunities. A successful bullish bounce from 0.9530 would favor long positions aiming for the specified upside targets. However, a break below 0.9530 would signal caution and increase the risk of a deeper pullback.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURCHF is starting to turn upLooks like a trend reversal at last.
1. Strong pinbars from the levels below 0.92 that rob the stops.
2. A broken trend line, higher lows, higher highs
3. it is currently at a very important level,we are watching how it will react and whether it will be overcome.
4. We are now long on a larger time frame.
EUR-CHF Bearish Wedge Pattern! Sell!
Hello,Traders!
EUR-CHF was trading in an
Uptrend but the pair has formed
A bearish wedge pattern so
IF we see a bearish breakout
From the wedge we will be
Expecting a bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.