EUR/CHF is moving towards the support line of a Falling Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EUR/CHF continues in its current trajectory, […]
EUR/CHF has experienced an exceptionally large movement lower by 0.97% from 1.112 to 1.101 in the last 10 days. 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 Autochartist, you’ll get: Analysis […]
By: Dima Chernovolov EUR/CHF continues to fall inside the clear hourly Down Channel chart pattern which was identified earlier identified by Autochartist. Autochartist measures the quality of this Down Channel at the 8-bar level – which is the result of the strong Initial Trend (10 bars), medium Uniformity (5 bars) and strong Clarity (8 bars). […]
The movement of EUR/CHF towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
EUR/CHF is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
EUR/CHF has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1.1167 can be expected within the next 2 days. Did […]
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 […]
