The breakout of EUR/CHF through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of EUR/CHF to test 1.1164 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting […]
EUR/CHF is heading towards the support line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
By: Dima Chernovolov EUR/CHF continues to rise inside the hourly Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 5-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6 bars) and substantial Clarity (8 bars). EUR/CHF is […]
EUR/CHF is heading towards the support line of a Triangle. If this movement continues, we expect the price of EUR/CHF to test 1.1134 within the next 20 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding […]
EUR/CHF is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of EUR/CHF to test 1.1249 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
EUR/CHF is heading towards the resistance line of a Triangle and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
EUR/CHF is heading towards the support line of a Rectangle and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
By: Dima Chernovolov EUR/CHF continues to rise sharply after the recent breakout of the 30-minute Down Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of daily this Down Channel at the 7-bar level – which is the result of the sharp Initial Trend (10 bats),below-average Uniformity (4 bars) and above-average […]
Triangle has broken through the support line at 02-May-2019 16:00 UTC. Possible bearish price movement forecast for the next 13 hours towards 1.1359. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that support […]
Channel Up has broken through the support line at 24-Apr-2019 08:00 UTC. Possible bearish price movement forecast for the next 2 days towards 1.1373. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that […]
