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Eurchfshort

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
by PaxForex
More Swiss Power!? - EUR/CHF Second Swing EntryThis pair has been treating us very nicely on our swing trade from a couple weeks ago. I am looking to add to it on another break of price structure support. If we can break and close below the new entry level I've drawn out in yellow, then I'll enter my sell and aim for the same major price structure low we've been looking for from our first swing trade. In the scenario that we get a move up first instead, we can look for a kijun sen rejection as an alternative entry. If either of those scenarios fail to play out, this setup may become invalidated.
Short
by The808Trader
EURCHF - Expect trading to remain mixed EURCHF - Intraday - We look to Sell at 1.0917 (stop at 1.0942) Majority of the initial daily gains being overturned. Previous support level of 1.0841 broken. We have a 50% Fibonacci pullback level of 1.0828 from 0.9651 to 1.2000. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 1.0917. Our profit targets will be 1.0830 and 1.0790 Resistance: 1.0880 / 1.0900 / 1.0917 Support: 1.0828 / 1.0785 / 1.0750
Short
by Signal_Centre
EURCHF - Driving lower through supportEURCHF - Intraday - We look to Sell at 1.0930 (stop at 1.0955) Continued downward momentum from 1.0956 resulted in the pair posting net daily losses yesterday. Bespoke support is located at 1.0830. There is no clear indication that the downward move is coming to an end. Ichimoku cloud support comes in at 1.0772. The 261.8% Fibonacci extension is located at 1.0785 from 1.0958 to 1.0892. Our profit targets will be 1.0830 and 1.0785 Resistance: 1.0930 / 1.0957 / 1.1074 Support: 1.0863 / 1.0830 / 1.0785
Short
by Signal_Centre
Possible trend shift in EURCHF – going long The Tidal Shift Strategy has just bought EURCHF at 1.09146. The system recommends entering this trade at any price between 1.08995 and 1.09297. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 2.24374, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00121, so the stop loss has been set at 1.08542. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 67336 Time Issued: Tuesday, 06 August 2019 05:00:16 GMT Status: open Entry: 1.08995 - 1.09297 Limit: N/A Stop Loss: 1.08542 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
Long
by FXCM
EURCHF Short Updated If you have not seen the EURCHF Short that I posted a week ago here is the updated the momentum is starting to come in with the ADX above the trend number I am looking to SELL to the daily D ext at .9700 with USD weakness. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital