EURCHF | Ziwox Terminal | Your Professional forex assistant

EURCHF

0.99989

Symbols	Entry	SL/TP	OT/Duration	Status
EURCHF/Long	--	--	5 days and 2 h 58 min ago	Failed -59 pip
EURCHF/Short	--	--	18 days and 6 h 58 min ago	Risk Free SL Hit 6 pip
EURCHF/Short	--	--	23 days and 1 h 41 min ago	Win 92 pip
EURCHF/Short	--	--	27 days and 6 h 29 min ago	Win 71 pip

Trades are for educational purposes only.

Day Trading

Short Term/Scalp Opportunity

Swing trading

Long Term Opportunity

Market Risk & Sentiment: Sydney Session

- 2023-02-04 22:38 GMT

VIX: 19.35 chg: 0.260%, Direction: Upside
US10Y: 3.519, chg: +-0.37%

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

Buy

Nutral

Over Sold

waiting...

70 %

Pivot Points

Pivot: 0.99668

S1:

S2:

S3:

0.99290

0.98959

0.98581

R1:

R2:

R3:

0.99999

1.00377

1.00708

Money flow:

EURCHF, Retail traders Sentiment

Speculators Sentiment, NET positions on currencies

Heat Map

Commitment Of Traders (COT):

>Euro

Net Positions:

Previous: 146,162

Current 129,915

Changes -16247 -11%

>Swiss Franc

Net Positions:

Previous: -4,131

Current -2,854

Changes +1277 31%

COT History EUR

COT History CHF

COT Chart EUR

COT Chart CHF

EURCHF Forecast:

Forecast by Ziwox AI

Bullish Drivers:

DEU 10Y: 2.195 chg: 0.015%

Daily Trend: BUY

COT POS: 129915 / -2854 Driver: 102.20 Positive

Retail Short pos ratio: 65%

Retail trader Sell position: 3145

Retail trader Sell volume: 635.44 lots lot

Distance to Resistanc R4 (1.01583): 0.01594

Bearish Drivers

CHE 10Y: 1.212 chg: -0.010%

Fundamental Bias: Bearish

Fundamental Strength: Weak

Retail Long pos ratio: 35%

Retail trader Long position: 2160

Retail trader Buy volume: 340.55 lots lot

Distance to Support S4 (0.98357): 0.01632

Bullish:

PREMIUM

Bearish:

PREMIUM

YIELD Driver: Positive | COT chg ratio: -42 Negative

Fundamental Bias:

Bearish Weak

Core CPI (YoY) 5.2%, prev: 5.2%
CPI (MoM) -0.4%, prev: -0.4%
Core CPI (MoM) -0.8%, prev: 0.6%

Spanish Unemployment Change 70.7K, prev: -43.7K
Unemployment Rate (Dec) 6.6%, prev: 6.5%
German Unemployment Rate (Jan) 5.5%, prev: 5.5%

ECB Interest Rate Decision (Feb) 3.00%, prev: 2.50%

S&P Global Composite PMI (Jan) 50.3, prev: 50.2

Neutral

CPI (MoM) (Dec) -0.2%, prev: 0.1%
CPI (YoY) (Dec) 2.8%, prev: 3.0%
CPI (MoM) (Nov) 0.0%, prev: 0.1%

Unemployment Rate s.a. (Dec) 1.9%, prev: 2.0%
Unemployment Rate n.s.a. (Dec) 2.1%, prev: 2.0%
Unemployment Rate n.s.a. (Nov) 2.0%, prev: 1.9%

SNB Interest Rate Decision (Q4) 1.00%, prev: 0.50%

procure.ch PMI (Jan) 49.3, prev: 54.1

Bullish points

Bearish points

EURCHF Trade idea

Recent Event/News

The European Central Bank has hiked interest rates by 50bp and made a quasi-announcement of a further 50bp hike in March, opening the door to either a pause or a slower pace in its hiking cycle And t...

2023-02-02 17:53:32
2 days 4 hours ago

German labour market starts the year off strongly

Only a small increase in unemployment in January shows that the labour market remains an important source of resilience in the economy German unemployment increased by 162,100 in January, increasin...

2023-02-01 19:52:10
3 days 2 hours ago

Eurozone avoids contraction but domestic demand falters

A resilient eurozone economy managed to grow by 0.1% in the fourth quarter, but this likely masks a contraction in household spending. The worst scenarios for this winter have been avoided, but the ec...

2023-01-31 16:36:45
4 days 6 hours ago

German economy falls into winter recession

So much for reliable statistics! The German economy contracted in the fourth quarter of 2022 after the first tentative statistics pointed to stagnation The German statistical office just released its...

2023-01-30 17:58:38
5 days 4 hours ago

German Ifo index improves again in January

Germany’s most prominent indicator has improved for the fourth month in a row, but the renewed optimism is still based on very fragile fundamentals The inflow of optimistic data continues. After th...

2023-01-25 14:03:20
10 days 8 hours ago

German economy still defies recession

The German economy grew by 1.9% in 2022. This implies a stagnating, not contracting, economy in the fourth quarter. Will the widely-predicted recession simply fail to materialise? We remain doubtful. ...

2023-01-13 19:09:24
22 days 3 hours ago

German industry stagnates at too low level

Industrial activity in November provided more evidence that the economy did not fall off a cliff in the fourth quarter but was not strong enough to avoid a contraction either German industrial prod...

2023-01-09 14:37:04
26 days 8 hours ago

German exports weaken further in November

Exports continue to weaken, suggesting that recession fears are real German export weakness continues. German exports (seasonally and calendar-adjusted) decreased by 0.3% month-on-month in November...

2023-01-05 11:46:39
30 days 10 hours ago

German inflation drops to 8.6% in December

Lower oil and gasoline prices and the first phase of the government's gas price cap have pushed down headline inflation in December. Still, at current levels, inflation remains a major concern in 2023...

2023-01-04 14:30:37
1 months 31 days ago

Italy: Confidence improves broadly in December, except for manufacturers

The last batch of confidence data for 2022 points to extra resilience in fourth quarter GDP. We are still pencilling in a small contraction, but a flat reading cannot be ruled out The latest batch ...

2022-12-24 03:54:02
1 months 42 days ago

German Ifo index brings year-end optimism

Germany’s most prominent leading indicator, the Ifo index, staged a strong rebound, increasing to 88.6 in December, from 86.4 in November. The index is now back at a level last seen during the summe...

2022-12-19 15:52:06
1 months 47 days ago

European shares edge higher after brutal selloff last week

European shares edged higher on Monday, boosted by energy firms, after a bruising selloff last week sparked by growing fears of a recession as major central banks promised more interest rate hikes ahe...

2022-12-19 13:02:29
1 months 47 days ago

ECB slows rate hike pace but ratchets up hawkishness

All good things come in threes…after the Federal Reserve and Bank of England, the European Central Bank has followed with a rate hike of 50bp. The ECB also announced it would start to reduce its bon...

2022-12-15 23:10:20
1 months 50 days ago

Eurozone industrial production off to poor start in fourth quarter

Production fell by 2% in October with declines across the board in the large countries. As the positive effects of easing supply-side issues fade, the outlook remains bleak for the winter months In...

2022-12-14 23:39:24
1 months 51 days ago

German industrial production weakens further in October

Industrial production adds to evidence that the gradual slide into recession continued at the start of the final quarter of the year German industrial production, excluding construction and energy, d...

2022-12-07 11:07:48
1 months 59 days ago

Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed

Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a G7 price cap which kicked in on Russian crude. At the same time, in a positive sig...

2022-12-05 16:33:26
1 months 61 days ago

Eurozone inflation comes down in November, paving way for 50bp ECB hike

Inflation dropped more than expected from 10.6 to 10% in November, mainly on energy price developments. Core inflation remained stable at 5% though. While we’re far from out of the woods yet, it doe...

2022-11-30 13:58:33
2 months 66 days ago

Inflation reality check

USD: Holding pattern Despite geopolitical challenges to the East, it has been a quiet start to the week for FX markets. The trade-weighted dollar index DXY is tracing out a relatively narrow range in...

2022-11-30 13:49:37
2 months 66 days ago

Some relief in German inflation

German inflation came down somewhat in November, on the back of energy base effects. However, the ongoing pass-through of high wholesale gas prices as well as additional pipeline pressure still make l...

2022-11-29 21:02:10
2 months 67 days ago

ECB minutes show tentatively growing recession concerns

At first glance, the minutes of the European Central Bank's October meeting do not point to a pivot any time soon. However, reading between the lines, there seem to be growing recession concerns, at l...

2022-11-24 19:47:08
2 months 72 days ago

Calendar Weekly: (GMT) 2023-02-04 22:38

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Trade offers are for educational purposes only.

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