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EUR/CHF : A pair hard to trade


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#1 ⇑ Haut ⇑ 15-11-2012 12:10:32

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EUR/CHF : A pair hard to trade

My last analysis on EUR/CHF is dating from October 15th. The bearish trend is blocked by the BNS just above 1.20. With a daily average volatility between 10 and 20 pips, what can be done? Wait the rebound!

The pair EUR/CHF is moving into a bearish channel (purple lines). We advise to wait the breakout of 1.2080 (exit of the channel) to trade only long positions.

NB : This breakout should occurd with an increase of the volatility. In case of return above this level on a small movement, the long positions will not have a lot of interest.


http://www.tribuforex.fr/analyses/FOREX/eurchf-15112012.png


http://www.tribuforex.fr/analyses/FOREX/eurchf-15112012-2.png






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#2 ⇑ Haut ⇑ 30-11-2012 10:48:53

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Re: EUR/CHF : A pair hard to trade

The currency pair EUR/CHF is currently testing the upper band of its medium term bearish channel. The daily average volatility is still very weak between 10 and 20 pips...

We still adivse to wait the breakout of 1.2060 (exit of the channel) to trade long position. This breakout should be done with a strong volatility. If not, it's not advise to take a long position.


http://www.tribuforex.fr/analyses/FOREX/eurchf-30112012.png


http://www.tribuforex.fr/analyses/FOREX/eurchf-30112012-2.png




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#3 ⇑ Haut ⇑ 05-12-2012 11:10:47

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Re: EUR/CHF : A pair hard to trade

Gain of volatlity on EUR/CHF! We were waiting this since a long time.
The currency pair has validated yesterday the breakout of 1.2060, offering a buy signal. The price has started a bullish rally after an exif of its bearish channel(purple lines). This moring, the pair just made a pullback on 1.2140 and is trying to pursuit its movement.

We advise to trade only long positions as far as 1.21 is support. A stay above 1.2140 will comfort our bullish feeling. The breakout of 1.2160 and 1.2180 will both give a new buy signal and shoud allow a test of 1.22.

In case of return below 1.21, we will wait a return above this level.


http://www.tribuforex.fr/analyses/FOREX/eurchf-05122012.png

http://www.tribuforex.fr/analyses/FOREX/eurchf-05122012-2.png




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#4 ⇑ Haut ⇑ 10-12-2012 10:12:02

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Re: EUR/CHF : A pair hard to trade

The currency pair EUR/CHF has failed to pursuit its movement above 1.21. The price is again loosing all its volatility and is making a small correction.

We advise to wait a return above 1.21 to trade again the pair. This breakout should occurd with an increase of the volatility. We will then expect a test of 1.2160 and 1.22 in extension.

Below 1.21, we are neutral. The buy signal level will be lower in the next days of the pair continues its correction.


http://www.tribuforex.fr/analyses/FOREX/eurchf-10122012.png

http://www.tribuforex.fr/analyses/FOREX/eurchf-10122012-2.png




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#5 ⇑ Haut ⇑ 11-12-2012 10:06:44

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has this morning a gain of volatility and is trying a return above 1.21(buy signal). A pair to watch...




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#6 ⇑ Haut ⇑ 20-12-2012 09:52:54

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Re: EUR/CHF : A pair hard to trade

The currency pair EUR/CHF has just completed yesterday a quick pullback on 1.21 as resistance. The price continues to evolve without volatility below this level.

We advise traders to wait for a breakout with volatility of 1.21 to take long positions.
The upward breaks of 1.2120/40/60/80 will all offer a new buy signal for an extension of the bullish movement

We remain neutral below 1.21 (without advising shorts positions). 1.21 level will be lowered in the future if the correction continues.


http://www.tribuforex.fr/analyses/FOREX/eurchf-20122012.png

http://www.tribuforex.fr/analyses/FOREX/eurchf-20122012-2.png




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#7 ⇑ Haut ⇑ 11-01-2013 10:52:16

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Re: EUR/CHF : A pair hard to trade

Does the pair EUR / CHF will succeed this time to keep a some volatility?
The price has relaunched its rise yesterday, validating a breakout of 1.21 (buy signal).
The movement continues towards 1.22.

I advise to trade only long positions as far as the price will be located above 1.21.
The upward breaks of 1.2180 and 1.22 will offer new buy signals for an extension of the bullish movement.

I remain neutral below 1.21 (without advising shorts positions)


http://www.tribuforex.fr/analyses/FOREX/eurchf-11012013.png

http://www.tribuforex.fr/analyses/FOREX/eurchf-11012013-2.png




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#8 ⇑ Haut ⇑ 21-01-2013 10:15:56

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has corrected on friday its last bullish rally.
The price has made ​​a pullback on 1.24 as support and now continues to move this morning between 1.24 and 1.2450.
Traders should draw on their charts a Fibonacci retracement of the last bullish rally (the price is currently between the 23.60% Fibonacci retracement and the level 38.20%).

I advise to trade only long positions as far as the price will be located above 1.24.
A return of the price above 1.2450 will consolidate this bullish sentiment (offering a buy signal on the short term). The upward breaks of 1.25 and then 1.2550 will offer new buy signals for an extension of the bullish rally towards 1.26 or higher if this level is also broken.

I remain neutral below 1.24 (without advising shorts position). This level will be lift up if the rally continues.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-21012013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-21012013-2.png




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#9 ⇑ Haut ⇑ 23-01-2013 11:02:45

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has validated yesterday a return below 1.24.
The price has found support several time on 1.2350 and 1.24 already gave resistance.
The volatility of the pair EUR / CHF remains enough high for the moment.
(Traders could draw on their charts the Fibonacci retracement of the last bullish rally)

I will advise to stay flat on the pair below 1.24.
At the breakout of this level, a buy signal will be given.
Then, i would suggest to trade only long positions.
The upward breaks of 1.2450/1.25/1.2550 will offer new buy signals for an extension of the bullish movement.

Below 1.24, i remain neutral (without advising shorts positions). This level will be lowered towards 1.2350 to 1.2300 ... if the correction continues.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-23012013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-23012013-2.png




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#10 ⇑ Haut ⇑ 25-01-2013 11:09:01

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has validated yesterday a return above 1.24 (buy signal) after finding support on 1.2350 repeatedly. The price is testing this morning a breakout of the next resistance located at 1.2450. (Traders could make appear on their charts one Fibonacci retracement of the last bullish rally)

I advise traders to trade only long positions as far as the price will be located above 1.2350.
A stay above 1.24 will strengthen this bullish sentiment.
The upward breaks of 1.2450 and then 1.25 would offer new buy signals for a return on the highest on the next resistance located at 1.2550 or higher if this level is also broken.

I remain neutral below 1.2350 (without advising shorts). This level will be lowered at 1.2300- 1.2250 ... if a correction happen again.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-25012013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-25012013-2.png




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#11 ⇑ Haut ⇑ 31-01-2013 11:42:59

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has stumbled on the resistance at 1.2450 yesterday and made ​​a bearish rally.
The price has validated a return below 1.24 and is currently testing the support at 1.2350  (1,2350 is a key point on the medium term).
The pair is now moving below a short term bearish slant (pink line).

I advise traders to remain flat as far as the price will be located below 1.24.

In case of return over this level then I would advise traders to trade again only long positions.
A break of 1.2450 would give then a new buy signal for an extension bullish movement towards 1.25 or higher if this resistance is also broken

Attention to the short-term bearish slant (pink line) that could act as resistance at the breakout of 1.24.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-31012013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-31012013-2.png




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#12 ⇑ Haut ⇑ 04-02-2013 11:42:06

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Re: EUR/CHF : A pair hard to trade

The EUR / CHF has stumbled twice on the resistance at 1.24 last Friday.
The short-term bearish slant was modified to take into account recent highs.

I advise traders to remain flat as far as the price will be located below 1.24.

In case of return over this level then I would advise traders to trade again only long positions.
A break of 1.2450 would give then a new buy signal for an extension bullish movement towards 1.25 or higher if this resistance is also broken

Below 1.24 i remain neutral on the pair. If the downward trend continues, my key point for the buy signal will be simply lowered progressively


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-04022013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-04022013-2.png




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#13 ⇑ Haut ⇑ 08-02-2013 12:11:51

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF continues to evolve below its bearish slant (pink line on the graphs).
The price is currently testing 1.23. I just lowered my key level from 1.24 to 1.2350.

I advise traders to stay flat as far as the price will be located below 1.2350.

In case of return over this level then I would advise traders to trade again only long positions.
A break of 1.24 would give then a new buy signal for an extension bullish movement towards 1.2450 or higher if this resistance is also broken

Below 1.2350 i remain neutral on the pair. If the downward trend continues, my key point for the buy signal will be simply lowered progressively


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-08022013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-08022013-2.png




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#14 ⇑ Haut ⇑ 13-02-2013 11:19:05

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF is currently validating a return above 1.2350 (buy signal).
The bearish slant (pink line on charts) seems to be broken (several draws of the slant are possible).

I advise traders to trade only long positions as far as the price will be located above 1.2350.
The upward breaks of 1.24 would offer a new buy signal for a return on 1.2450or higher if this level is also broken.

I remain neutral below 1.2350 (without advising shorts). This level will be lowered at 1.2300- 1.2250 ... if a correction happens again.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-13022013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-13022013-2.png




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#15 ⇑ Haut ⇑ 26-02-2013 10:13:27

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF is moving within a medium term bearish channel (pink lines on charts).
A powerful bearish rally of 200 pips occured yesterday.
The pair just bounce on the support line of the bearish channel.

I advise traders to remain flat as far as 1.23 is resistance.

In case of above 1.23, then I would advise traders to trade only long positions.
Upward breaks of 1.2350 and then 1.24 would offer new buy signals.

Below 1.23 I remain neutral on the pair. If the downward trend continue, my key point to trade long positions would be simply lowered progressively.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-26022013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-26022013-2.png




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#16 ⇑ Haut ⇑ 04-03-2013 11:24:18

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF is back on the upper band of its medium term downtrend channel (pink lines on charts).

I advise traders to stay flat as far as 1.23 is resistance.

In case of above 1.23, then I would advise traders to trade only long positions.
Upward breaks of 1.2350 and then 1.24 would offer new buy signals.

Below 1.23 I remain neutral on the pair. If the downward trend continue, my key point to trade long positions would be simply lowered progressively.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-04032013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-04032013-2.png




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#17 ⇑ Haut ⇑ 07-03-2013 09:38:39

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has validated yesterday a return above 1.23, giving us a buy signal.
An output of the medium term bearish channel occured two days ago (pink lines on charts).
On the short term, the upward movement is led by a bullish slant (orange line on a 1h chart).

I advise traders to trade only long positions as far as 1.23 is support.

Upward breaks of 1.2350 and 1.24 would offer new buy signals for an extension of the bullish movement.

Below 1.23 I remain neutral. If the downward trend take up, my key point for Long positions will be simply lowered progressively.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-07032013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-07032013-2.png




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#18 ⇑ Haut ⇑ 08-03-2013 10:20:03

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF continues to rise above its short term bullish slant (orange line on the 1h chart).
The price has validated yesterday a breakout of 1.2350, giving us a new buy signal.

I advise traders to trade only long positions as far as 1.23 is support.
A stay above 1.2350 will reinforce our bullish sentiment.
Upward breaks of 1.24 and 1.25 would offer new buy signals for an extension of the bullish movement.

Below 1.23 I remain neutral. If the downward trend take up, my key point for Long positions will be simply lowered progressively.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-08032013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-08032013-2.png




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#19 ⇑ Haut ⇑ 12-03-2013 11:00:22

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has validated yesterday a break out of its short term bullish slant  (orange line).
The price is validating this morning a return below 1.2350.

I advise traders to trade only long positions as far as 1.23 is support.
A return above 1.2350 will reinforce our bullish sentiment.
Upward breaks of 1.24 and 1.25 would offer new buy signals for an extension of the bullish movement.

Below 1.23 I remain neutral. If the downward trend take up, my key point for Long positions will be simply lowered progressively.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-12032013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-12032013-2.png




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#20 ⇑ Haut ⇑ 14-03-2013 09:46:28

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF found support yesterday just above 1.23.
The course then started a bullish rally and has validated a break-up of its last short-term bearish slant (new segment in h1).
The pair tries this morning to get back above 1.2350.

I advise traders to trade only long positions as far as 1.23 is support.
A return above 1.2350 will reinforce our bullish sentiment.
Upward breaks of 1.24 and 1.25 would offer new buy signals for an extension of the bullish movement.

Below 1.23 I remain neutral. If the downward trend take up, my key point for Long positions will be simply lowered progressively.


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-14032013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-14032013-2.png




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#21 ⇑ Haut ⇑ 26-03-2013 09:49:43

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF moves in recent days between 1.22 and 1.2250.
The price is still above the upper band of the medium term bearish channel (pink lines on the graphs).

I advise traders to remain flat on the pair as far as the price will be located below 1.2250.

In case of return above 1.2250, I would advise traders to enter / trade only long positions.

Below 1.2250, i remain neutral. If the downward trend continues, my key point will be simply lowered progressively (1.22 and 1.2150 ...).


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-26032013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-26032013-2.png




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#22 ⇑ Haut ⇑ 29-03-2013 09:11:52

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF continues to evolve below its bearish slant (brown line on charts).

I advise traders to remain flat as far as the price is below 1.2250.

In case of return above 1.2250, long positions will be advised.

I remain neutral below 1.2250. If the downward trend continues, my key point for Long positions will be simply lowered (1.22 and 1.2150 ...).

NB: traders whose trading strategy is more aggressive could trade the pair according to 1.22 (long above and short below).


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-29032013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-29032013-2.png




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#23 ⇑ Haut ⇑ 05-04-2013 09:57:02

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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has validated a breakout this week ot its bearish slant (brown line).
A pullback made yesterday a pullback on this slant.

I advise traders to remain flat as far as the price is below 1.22.

In case of return above 1.22, long positions will be advised.

I remain neutral below 1.22. If the downward trend continues, my key point for Long positions will be simply lowered (1.2150 and 1.21 ...).


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-05042013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-05042013-2.png




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#24 ⇑ Haut ⇑ 11-04-2013 09:55:44

Bruno
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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has faked on Monday an upward break of 1.22.
The price continues to evolve below this resistance with a low volatility.
The correction of the last bullish movement is leading by a downward short term slant (pink segment in h1)

I advise traders to remain flat as far as the price is below 1.22.

In case of return above 1.22, long positions will be advised.

I remain neutral below 1.22. If the downward trend continues, my key point for Long positions will be simply lowered (1.2150 and 1.21 ...).


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-11042013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-11042013-2.png




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#25 ⇑ Haut ⇑ 16-04-2013 10:40:29

Bruno
Trader, Analyst and webmaster for Forex-Tribe
Forex
Registered: 07-12-2008
Posts: 30891
Reputation :   
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Rate this member :
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Re: EUR/CHF : A pair hard to trade

The pair EUR/CHF has stumbled several times on the resistance at 1.22, but has failed to validate a breakout of this level.

The price is moving below a new short term bearish slant (pink segment on a 1h chart).

I advise traders to remain flat as far as the price is below 1.22.

In case of return above 1.22, long positions will be advised.

I remain neutral below 1.22. If the downward trend continues, my key point for Long positions will be simply lowered (1.2150 and 1.21 ...).


1h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-16042013.png

4h Chart
http://www.tribuforex.fr/analyses/FOREX/eurchf-16042013-2.png




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    EUR/CHF : A pair hard to trade



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