SubscribeThe Euro has remained steady against the Swiss Franc, despite rising risk aversion, which should have increased demand for CHF as the combination of SNB measures to increase liquidity and ECB efforts to maintain peripheral debt markets stable
Thread: Eur/Chf
The Euro has remained steady against the Swiss Franc, despite rising risk aversion, which should have increased demand for CHF as the combination of SNB measures to increase liquidity and ECB efforts to maintain peripheral debt markets stable
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zainm6050 (2019-03-18)
the chart is showing that the pair has succeeded in closing it's daily candle above level 1.1400 , and that's mean the up trend is still standing and the pair might head to 1.1470 and then 1.1500
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zainm6050 (2019-03-18)
If we can get a larger red candle, we go to 1.10 and eventually parity. Until we get one of these signals, we are sitting tight.
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zainm6050 (2019-03-18)
the chart is showing that the pair is trading under level 1.1400 , that's mean the down trend is standing and the pair might reach 1.1340 , but if the pair succeeded in breaking 1.1400 , it will head to 1.1440 and then 1.1480
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zainm6050 (2019-03-18)
It is more likely to go down to around 1.1354 or lower, and after that, it might have potentially to go up to around 1.1432 or higher
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zainm6050 (2019-03-18)
The 1.15 level certainly is resistance, but if we can break above it – we will run to 1.18 or so. If we can get a larger red candle, we go to 1.10 and eventually parity. Until we get one of these signals, we are sitting tight.
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zainm6050 (2019-03-18)
If a M15 close above 1.1400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.1200 sell only and do not buy. If price closes back above it again do nothing
The range 1.1400 and 1.1200 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-03-18)
the chart is showing that the pair has succeeded in closing it's daily candle above level 1.1300 , and that's mean the up trend is still standing and the pair might head to 1.1370 and then 1.1400
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-03-18)
as we can see from the chart has success in breaking the level of 1.1300 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 1.1260 then 1.1200
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-03-18)
EUR/CHF is trading in a tight range between 1.1329/1.1303 in the midst of low levels of liquidity. To the upside , next resistance lies at 1.1515 while, to the downside, support comes in at 1.1145
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-08-16), zainm6050 (2019-03-18)
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