Eur/Chf

A down channel is now drawn on the EURCHF and the price is suggested to keep going downward on the short term.
Also you can see the price hits the upper edge of donchain channel which may be a signal for heading south And if you checked awesome oscillator it shows a green bar above the level of 0 to indicate a buy Also the stostatic is showing a bullish signal by having a buy cross and the lines near the level of 80 I guess according to this data selling can be a winning bet as the price is suggested to move down and you can target the low level of donchain channel or the down edge of the drawn channel on the chart but waiting a confirmation from the awesome oscillator can increase the chance for winning sell trades http://bigimage.cz/photos/20141208141801993165938.gif

analysis for today 12 / 8 / 2014

EURCHF

Resistance : R1 1.2098 R2 1.2123 R3 1.2143 R4 1.2173
Support : S1 1.1952 S2 1.1927 S3 1.1907 S4 1.1877

Open : 1.2023
High : 1.2027
Low : 1.2023
Range : 0.0004 Pips
Running Price : 1.2025

Strategy : BUY at the level 1.2025 stop loss at the level 1.1952 target take profit at the level 1.2143 or at the level 1.2173

A clear cross is occurs on the momentum indicator on the EURCHF chart as the blue line goes above the red one to perform a good buying signals for the current time.
By the way the blue color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the EURCHF To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the blue color on the arrows to perform a upward signal on the short term.
Now according to these data I think a upward trend should be in action as long as the momentum buy cross still on the chart and a buy trades can be taken as long as the ATR indicator keep showing a buying signals.
http://bigimage.cz/photos/20141208141802236451819.gif

The price is moving above the wave of EMA indicators to perform a shape of bullish direction through the day at the chart of EURCHF pair and with a buy signal showing on the RSI indicator which has the line going above the center line of 35 this also can be merged with the data of Macd indicator as you can see the green lines is heading up to inform that the market bulls have the control at the market for the current period.
Then I think going with the bulls at the current day and keep at the market until another sell signals shown on the chart by getting the price below the wave of EMA indicators .
http://bigimage.cz/photos/20141208141802271942937.gif

A bullish cross is now active on the EURCHF pair between two EMAs 9 and 152 to indicate that the price may go north on the next few hours.
And if you monitor the Histogram indicator you can easily see it is forming a green line as its last signal to form a kind of bullish signal for the pair by being over the 0 level of histogram.
Another green line is shown when you check the Market emotion indicator which can be a good sign for the beginning of fall for higher prices for the EURCHF Also the slope is moving below the level of 0 at the Guru Angel indicator and the green color is shown to indicate a bullish direction by the current time.
As you can see it is clear that the price may go north to test the next resistance at the area of 1.2087 at the next few hours so I recommend a buy orders as long as the indicators keep showing the same signals http://bigimage.cz/photos/20141208141802106159188.gif

A weak bullish trend take a place on the hourly chart of the EURCHF as the Blade oscillator is now at 0.0002 area above the level of balance and at the same time the indicator is red colored which is a weak indication of bullish direction on the short term.
On the chart itself you can see the moving average 5 sloping UP and then you can consider the last bottom drawn by it at 1.2025 as a good stop loss if you need it in case of buy orders which is very advised according to the indicators signals .
http://bigimage.cz/photos/20141208141802385703218.gif

Analyzing the EURCHF for today the price now is located below the grey level 1.2028 which is considered as the resistance point at MBFX indicator in the same time the vestro indicator shows a bullish saturation as it is last signal.
At this situation I can guess that the price may head down to the next MBFX level at the support located at 1.2023 as the first selling target for now and may continue to reach 1.2019 as the second support level for MBFX indicator.
But if the price breaks level 1.2031 then it cancels the down thinking about buying http://bigimage.cz/photos/20141208141802250588834.gif

analysis for today 12 / 8 / 2014
EUR/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.2025
Retracement (50%) 1.2024
retracement (61,8%) 1.2023

Extensions (61.8%) 1.2035
Extensions (100.0%) 1.2039
Extensions (138.2%) 1.2043
Extensions (161.8%) 1.2045
calculation based on a Fibonacci retracement then today I choose buy

A clear cross is occurs on the momentum indicator on the EURCHF chart as the blue line goes below the red one to perform a good selling signals for the current time.
By the way the yellow color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the EURCHF To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the blue color on the arrows to perform a upward signal on the short term.
Now according to these data I think a downward trend should be in action as long as the momentum sell cross still on the chart and a sell trades can be taken as long as the ATR indicator keep showing a selling signals.
http://bigimage.cz/photos/20141209141810670188629.gif

The new daily opening was higher than the last day opening to allow us to mention the up trend occurs on the last day.
Now according to the new data shown on the chart of the EURCHF pair the last arrow signal was a red down arrow below the price to indicate a bearish signal for the short term traders.
In this case I guess that the last opening at 1.2015 should be used as a take profit area because it should act as a strong support that the price may face difficulties to break it down Finally I think using a trading system is the best way to enter the trades and then you should wait to see a clear red line on the check indicator and at the same time trader indicator have to be red in order to make sure you are in the right bearish trend before opening any sell positions .
http://bigimage.cz/photos/20141209141810792160356.gif