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EUR/CHF Analysis, Chart, and Trading Idea

18.01.2023

Market Review



Analytics for EUR/CHF Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
 



The pair is traded in the range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold situation.
 

Trading idea:

Buy at the formation of the ascending wave structure, when wave (A) breaches 0.99638 (pivot)

Stop Loss: 0.99350 (local minimum of the descending structure)

Target price levels: 1.0020; 1.0090

Author: GC
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