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Eurchfshort

EURCHF - BEARISH BIASEUR - BEARISH 1️⃣ Investors turned to the greenback amid escalating tensions between the world's largest economies after President Donald Trump banned US transactions with two of the most popular Chinese apps, citing national security reasons. CHF - BULLISH 1️⃣ Swiss consumer confidence index improved from a record low. 2️⃣ Diminishing hopes of a swift US economic recovery from the coronavirus pandemic forced investors to continue dumping the USD. ===== Technical ===== - We looking to short EURCHF on SBR level + SMA50 area. - EURCHF in bearish zone.
Short
by MonsunAsia
EURCHF H1 SHORT PRICE ACTION FORECAST With the EUR under a bearish tone, this pair is currently showing a nice setup for a short entry. With the exponential moving average sloping and moving below the 200 MA for an evident downward pressure. we can expect a small pullback to the previous support level to enter the market with the following setup The order: Type: sell-limit S/L: 10 pips - R:R | 1:2.5 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EUR/CHF - Chart PatternAfter a long bull run from June we saw the start of a downtrend with shrinking volumes, now as we can see in the chart something more interesting is forming. It could be a wedge and we have some interesting characteristics like the volatility compression (ATR) and the volume shrinking (OBV). Let's wait the next days by watching if the volume expands with a breakout but this could be an interesting point to join the trend. Remember to avoid generally to enter on the breakout for avoid wipsaw, is always a good idea to enter when there's a retest or a rally because is a less emotional entry so more secure. In case of a downtrend continuation i can see the price going to the min objective at 1.052 which is a strong support zone already confirmed. The strategy is the same, split the position into half and handle the risk using the 1.5 ATR calculation for the correct pip value. Let me know what you think about it and have a nice trading!
Short
by SimoneGiannino