EURCHF – Outlook for the Coming Month

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EURCHF – Outlook for the Coming MonthEUR/CHFOANDA:EURCHFPankajHuslte1. Monthly View On the monthly timeframe, the overall structure is still bearish, but there’s room for a potential bullish shift. The major liquidity resting at the previous lowest point—formed in November 2024—has already been swept. With that liquidity taken, the market now has the space to push higher if buyers step in. 2. Weekly View Last week’s candle swept liquidity as well, leaving behind a strong rejection wick. That tells us many stop orders below were triggered. This week’s candle is currently trading within the range of last week’s candle, which suggests we could see some sideways movement for a bit. However, since downside liquidity from higher timeframes has already been taken, the market could be setting a liquidity trap before moving upward to hunt the liquidity sitting above. 3. Daily View Yesterday’s candle showed solid buying pressure, confirming a daily low. I’m looking for a pullback into the discount zone before expecting the next move to the upside. The structure is starting to shift in favor of buyers. 4. 4-Hour View The market had been in a bearish trend for quite some time, failing to break previous highs. But today, we finally saw a break of structure to the upside, followed by a new lower low—hinting that a more meaningful move may be developing. Still, I expect EURCHF to pull back once more on the 4H to create a trap before continuing upward, and this pullback shouldn’t break the lowest low. Final Thoughts EURCHF has already cleared major downside liquidity on the higher timeframes, and that shifts the draw toward the upside. With the monthly low from 2024 swept, last week’s liquidity taken, and the daily low confirmed, the pair is setting the stage for a potential bullish continuation once the market finishes its pullback. I’m keeping an eye on how price behaves during this expected retracement. As long as the market doesn’t break the recent lowest low, the structure favors a move higher. A clean reaction from the discount zones on the daily or 4H would strengthen the bullish narrative and open the door for the next upward leg. Overall, EURCHF looks prepared to build momentum—but confirmation will come from how it handles the upcoming pullback. Stay alert to those key zones, because that’s where the next major move will likely begin. ---------------------------------------------------------------------------------------------- Thanks for checking out this analysis! If you enjoyed it, hit that follow button so you don’t miss future updates. And if this breakdown helped you out, drop a like 👍 and share your thoughts in the comments 💬—I always appreciate the feedback!