• 1,173 days Will The ECB Continue To Hike Rates?
  • 1,173 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,175 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,575 days Could Crypto Overtake Traditional Investment?
  • 1,579 days Americans Still Quitting Jobs At Record Pace
  • 1,581 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,584 days Is The Dollar Too Strong?
  • 1,585 days Big Tech Disappoints Investors on Earnings Calls
  • 1,586 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,587 days China Is Quietly Trying To Distance Itself From Russia
  • 1,588 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,592 days Crypto Investors Won Big In 2021
  • 1,592 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,593 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,595 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,595 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,599 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,599 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,600 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,602 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

EUR/CHF - Digesting its Recent Sharp Rise

USD/CHF is consolidating below the key resistance area defined by 0.9818 and 0.9839. Hourly supports stand at 0.9759 (intraday low) and 0.9722.

From a longer term perspective, the technical structure favours a full retracement of the large corrective phase that started in July 2012. As a result, a test of the major resistance area between 0.9972 (24/07/2012 high) and 1.0067 (01/12/2010 high) is expected. A key support can be found at 0.9531 (19/11/2014 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment