EURCHF | Ziwox Terminal | Your Professional forex assistant

EURCHF

0.96965

Symbols	Entry	SL/TP	OT/Duration	Status
EURCHF/Short	--	--	10 days and 5 h 15 min ago	Failed -20 pip
EURCHF/Short	--	--	17 days and 20 h 35 min ago	Failed -36 pip
EURCHF/Short	--	--	19 days and 18 h 35 min ago	Failed -27 pip
EURCHF/Long	--	--	9 days and 13 h 2 min ago	Failed -59 pip

Trades are for educational purposes only.

Day Trading

Short Term/Scalp Opportunity

Swing trading

Long Term Opportunity

Market Risk & Sentiment: London Session

- 2023-06-09 08:42 GMT

VIX: 15.15 chg: 0.910%, Direction: Upside
US10Y: 3.751, chg: (+1.03%)

Daily Pairs Contest:

Daily pairs relation

Intraday performance

Intraday performance relation

Technical Data:

Statistical Sup/Res

R1:		S1:
R2:		S2:
R3:		S3:
R4:		S4:

Inteligent CCI

Daily:

H1:

M30:

M5:

Signal

Sell

Buy

Nutral

waiting...

-50 %

Pivot Points

Pivot: 0.97140

S1:

S2:

S3:

0.96674

0.96411

0.95945

R1:

R2:

R3:

0.97403

0.97869

0.98132

Money flow:

EURCHF, Retail traders Sentiment

Speculators Sentiment, NET positions on currencies

Heat Map

Commitment Of Traders (COT):

>Euro

Net Positions:

Previous: 173,736

Current 165,725

Changes -8011 -5%

>Swiss Franc

Net Positions:

Previous: -903

Current -435

Changes +468 52%

COT History EUR

COT History CHF

COT Chart EUR

COT Chart CHF

EURCHF Forecast:

Forecast by Ziwox AI

Bullish Drivers:

DEU 10Y: 2.422 chg: 0.002%

COT POS: 165725 / -435 Driver: 100.26 Positive

Retail Short pos ratio: 20%

Retail trader Sell position: 1502

Retail trader Sell volume: 332.96 lots lot

Distance to Resistanc R4 (0.98649): 0.01684

Bearish Drivers

CHE 10Y: 1.102 chg: -0.144%

Daily Trend: SELL

Fundamental Bias: Bearish

Fundamental Strength: Weak

Retail Long pos ratio: 80%

Retail trader Long position: 7379

Retail trader Buy volume: 1346.60 lots lot

Distance to Support S4 (0.95669): 0.01296

Bullish:

PREMIUM

Bearish:

PREMIUM

YIELD Driver: Positive | COT chg ratio: -57 Negative

Fundamental Bias:

Bearish Weak

Core CPI (YoY) 5.3%, prev: 5.6%
CPI (MoM) 0.0%, prev: 0.6%
Core CPI (MoM) 0.2%, prev: 1.0%

Employment Change (YoY) (Q1) 1.6%, prev: 1.7%
Employment Overall (Q1) 166,419.1K, prev: 166,063.4K
Employment Change (QoQ) (Q1) 0.6%, prev: 0.6%

ECB Interest Rate Decision (May) 3.75%, prev: 3.50%

IHS S&P Global Construction PMI (MoM) (May) 44.6, prev: 45.2

Neutral

CPI (YoY) (May) 2.2%, prev: 2.6%
CPI (MoM) (May) 0.3%, prev: 0.0%
CPI (YoY) (Apr) 2.6%, prev: 2.9%

Unemployment Rate n.s.a. (May) 1.9%, prev: 2.0%
Unemployment Rate s.a. (May) 2.0%, prev: 1.9%
Employment Level (Q1) 5.389M, prev: 5.398M

SNB Interest Rate Decision (Q1) 1.50%, prev: 1.00%

procure.ch PMI (May) 43.2, prev: 45.3

Bullish points

Bearish points

EURCHF Trade idea

Recent Event/News

Eurozone PMI dropped in May due to manufacturing contraction

The composite PMI fell from 54.1 to 53.3 in May, which is the first decline since October last year. The divergence between services and manufacturing is growing, with services inflation accelerating ...

2023-05-24 12:55:07
15 days 19 hours ago

May 24 economic calendar

German trade sentiment, European Central Bank chief Lagarde, and UK inflation numbers are in focus ahead of the FOMC meeting....

2023-05-24 12:23:32
15 days 20 hours ago

German ZEW index adds to recent growth worries

The third drop in a row for the German ZEW index marks a turning point for the worse as any growth optimism from the start of the year evaporates...

2023-05-16 12:36:42
23 days 20 hours ago

The FED raised interest rates by 0.25%

In a March statement, the Fed suggested there would be no rate cuts until 2024. However, the market began betting on a rate cut in September, and after today's announcement, the chances of a rate cut ...

2023-05-03 20:24:50
1 months 36 days ago

Australia: Reserve Bank surprises with 25bp hike

Despite falling inflation, RBA Governor, Philip Lowe, justified the latest hike by saying that it would take time to bring inflation down and hinted that more hikes might be necessary...

2023-05-02 22:05:14
1 months 37 days ago

Federal Deposit Insurance Corporation accepts JP Morgan's offer for First Republic Bank

This has been going on since the weekend. Completion of the auction/deal means that First Republic Bank offices will reopen as JP Morgan branches thereafter. This breakdown shows that First Republic B...

2023-05-01 08:39:24
1 months 39 days ago

Eurozone economy grew marginally in the first quarter of 2023, but divergence is high

The eurozone economy carries on along the rim of stagnation. A meagre 0.1% quarter-on-quarter GDP growth in the first quarter with high divergence across member states is better than feared � but cle...

2023-04-28 17:17:00
1 months 41 days ago

Bank of Japan stays on hold but policy adjustment is coming

Based on upbeat activity data and higher-than-expected inflation, we believe the BoJ will take steps to normalise policy by adjusting its yield curve control tool in the coming months ...

2023-04-28 17:12:22
1 months 41 days ago

Credit Suisse saw $69 billion in outflows at start of 2023

Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown at its wealth management unit, underscoring the challenge for UBS Group AG...

2023-04-25 12:20:40
1 months 44 days ago

German Ifo improves marginally in April

An improving Ifo index is always good news. However, a weaker current assessment component and below-average expectations do little to take away the stagnation risk for this year ...

2023-04-24 14:40:29
1 months 45 days ago

'A credit crunch has started' as banks tighten lending by the most on record, Morgan Stanley CIO says

The credit crunch stemming from the fallout of Silicon Valley Bank has begun, with data showing clear tightening of lending standards by banks, according to Morgan Stanley's top stock strategist Mike ...

2023-04-18 16:35:20
1 months 51 days ago

China�s GDP for 1Q23 is better than expected

1Q23 GDP grew 4.5%YoY, much faster than the 2.9%YoY recorded for 4Q22. This is a better-than-expected data report. We expect that the government will hold back extra stimulus plans and the yuan should...

2023-04-18 06:21:04
1 months 52 days ago

Eurozone retail sales decrease again in February despite upbeat surveys

Retail sales in February continued to decline, which makes it unlikely for a positive contribution to first quarter GDP. This suggests that there may be weakness in the economy and no strong rebound i...

2023-04-11 11:43:12
1 months 58 days ago

China and Taiwan disrupted the morning market

According to the state media, the Chinese military announced that the maneuvers around Taiwan will continue. Chinese military: We are maintaining the momentum of encircling Taiwan island with maneuver...

2023-04-10 13:02:39
1 months 59 days ago

Investors have poured $508 billion into cash in the first quarter, the most since the pandemic.

...

2023-04-09 21:30:27
1 months 60 days ago

German industrial orders surged in February

Industrial orders have now rebounded sharply since November, brightening the outlook for German industry. However, the US slowdown and the longer-term fallout from recent financial turmoil, as well as...

2023-04-05 13:54:19
2 months 64 days ago

The JOLTS index fell below 10 million for the first time since May 2021.

The US factory orders index was reported as -0.7%. US employment statistics - February fell below 10 million jobs, which is the first and most important sign of the end of US interest rate hikes, as w...

2023-04-04 14:39:52
2 months 65 days ago

Bullish gap for crude oil at market opening, thunder for oil buyers

OPEC, Saudi Arabia and other countries in the Persian Gulf region announced a reduction in daily production of one million barrels of oil....

2023-04-03 00:32:31
2 months 67 days ago

IMF Says BOJ Should Avoid Premature Exit from Monetary Easing

The International Monetary Fund said the Bank of Japan should avoid a premature exit from monetary easing, advising it to maintain its policy framework....

2023-04-02 14:49:24
2 months 67 days ago

Analysts evenly split between 0.25% hike and no rate hike

RBA April 4 meeting poll: Analysts evenly split between 0.25% hike and no rate hike Out of 27 analysts, 14 of them believe that the interest rate will increase and 13 of them expect a pause....

2023-03-31 21:46:46
2 months 69 days ago

Calendar Weekly: (GMT) 2023-06-09 08:42

High impact

Mid impact

Low impact

Released event

Unlock all Ziwox Terminal features with affordable subscription

🔐 Unlock VIP signal

🔐 Weekly Funndamental/Technical analysis to understand market trends

🔐 Unlock Statistical Support/Resistance to find critical price area

🔵 One year access: $280 (2 month free)

🔵 One month access: $28

RISK DISCLAIMER

Trade offers are for educational purposes only.

Our forecasts, signals and trade opportunities are for informational purposes only. We do not bear any responsibility for possible losses, and also do not provide financial and investment advice regarding this website section.

Before deciding to trade foreign currencies, you should carefully consider your investment objectives, level of experience, and risk appetite.

We are not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.