Category: Technical Analysis

Since September 2019 the EURCHF has seen support around 1.08. (Beginning of Sept the SNB stated that the CHF is 10-15% overvalued.) From these levels the EUR has been making two attempts to rise but did not manage to cross …

20191202- EUR/CHF trapped below 1.106 ? Read More »

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On 01.08.2019 the Brent Crude Oil contract dropped below the Neckline of the Head and Shoulders Formation and dropped sharply. This week, after postponing US-Tariffs on chinese several goods the Brent contract recovered. Wednesday’s surprise build in US crude stocks …

20190815- Brent Crude Oil falling – next Targets 55 or 51$/bbl??? Read More »

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On 02.08.2019 the EUR/CHF dropped below the Support at 1.10 and from there proceded to the target derived from the Head and Shoulders formation that has occured in the EUR/CHF by breaking the neckline on 07.08.2018. Again the Swiss Frank …

20190806- EUR/CHF dropped sharply below 1.10 Read More »

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The  Head and Shoulders formation that has occured in the EUR/CHF by breaking the neckline on 07.08.2018 ist still in place. On the contrary to the EURUSD it has caused a decent drop in the EUR against the CHF . …

20180904- EUR/CHF Head and Shoulders Formation – update Read More »

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The breakthrough of the neckline of the Head and Shoulders formation has been proven as a false signal so far. The EURUSD has recovered above it again. Nevertheless there is still Euro-Weakness in the market. For the EURCHF also a …

20180904- EUR/USD Head and Shoulders Formation – update EUR/CHF Read More »

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On Friday the EURUSD has broken down through the neckline of a Head+Shoulders Formation. This shows the Euro-Weakness in the market. From the chart technical viewpoint this also opens up the possibility of a bigger move into the 1.10 to …

20180812 – EUR/USD Head and Shoulders Formation – risk of further downside Read More »

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