Eurchfshort
EURCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCHF Sell the break of yesterday low.EURCHF - Intraday - We look to Sell a break of 1.0149 (stop at 1.0174)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Our bespoke support of 1.0185 has been clearly broken.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 1.0082 and 1.0072
Resistance: 1.0180 / 1.0200 / 1.0220
Support: 1.0150 / 1.0130 / 1.0100
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0129 (stop at 1.0148)
Daily signals are bearish.
A break of the recent low at 1.0130 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.0079 and 1.0069
Resistance: 1.0200 / 1.0240 / 1.0260
Support: 1.0150 / 1.0130 / 1.0100
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0119 (stop at 1.0135)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.0066 and 1.0056
Resistance: 1.0130 / 1.0150 / 1.0170
Support: 1.0120 / 1.0100 / 1.0080
EURCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Bearish continuation EURCHF for the week of 28 Mar 2022 This pair has been bearish for a whole year now and I don’t see any reason for this to change soon. As the daily chart shows, price broke below a major support (1.0325) and I am looking for a pullback to this area and the bearish PA to resume.
If this happens, we can have a nice 2.8R trade down to the next support in the 1.001 area. A word of caution though – we cannot rule out the possibility of a trend reversal in progress. Wait for bearish evidence before committing to a trade.
Also bear in mind the Russia/Ukraine crisis and the possibility of sudden spikes in case of any major events in that arena.
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Always use sound money and risk management in all your trades.
Mon 28th Mar 2022 EUR/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CHF Sell. I decided to close the previous partial Buy trade, but I have kept on the previous partial Sell trade. Enjoy the day all. Cheers. Jim
EURCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCHF Sell the previous support.EURCHF - Intraday - We look to Sell at 1.0278 (stop at 1.0297)
1.0280 has been pivotal.
Previous support at 1.0280 now becomes resistance.
There is no clear indication that the downward move is coming to an end.
20 4hour EMA is at 1.0282.
We are trading at oversold extremes.
Our profit targets will be 1.0228 and 1.0218
Resistance: 1.0220 / 1.0240 / 1.0280
Support: 1.0180 / 1.0160 / 1.0140