EURCHF - Bearish Bias
EUR - WEAK BULLISH
1️⃣ Optimism about a strong economic recovery and signs of an acceleration in the vaccination pace in Europe.
2️⃣ The German government revised up its growth forecast to 3.5% this year from 3.0%.
3️⃣ A dovish twist was revealed in the post-meeting press conference when President Lagarde was asked whether scaling back the PEPP after Q2 was discussed and said no that would be premature at this stage.
CHF - STRONG BULLISH
1️⃣ CHF benefitted from broad weakness in the dollar.
2️⃣ Traders welcomed a further relaxation in Switzerland’s Covid-19 restrictions despite infections continued to rise gradually as the country has one of the highest rates of complete vaccination in Europe.
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Technical
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- We are selling the EURCHF at SBR on the M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Optimism about a strong economic recovery and signs of an acceleration in the vaccination pace in Europe.
2️⃣ The German government revised up its growth forecast to 3.5% this year from 3.0%.
3️⃣ A dovish twist was revealed in the post-meeting press conference when President Lagarde was asked whether scaling back the PEPP after Q2 was discussed and said no that would be premature at this stage.
CHF - STRONG BULLISH
1️⃣ CHF benefitted from broad weakness in the dollar.
2️⃣ Traders welcomed a further relaxation in Switzerland’s Covid-19 restrictions despite infections continued to rise gradually as the country has one of the highest rates of complete vaccination in Europe.
=====
Technical
=====
- We are selling the EURCHF at SBR on the M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Transaction en cours
Trade fermée: cible de profit atteinte
✅ TRADE HAS HIT TP+10 PIPS
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.