• 809 days Will The ECB Continue To Hike Rates?
  • 809 days Forbes: Aramco Remains Largest Company In The Middle East
  • 811 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,211 days Could Crypto Overtake Traditional Investment?
  • 1,216 days Americans Still Quitting Jobs At Record Pace
  • 1,218 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,221 days Is The Dollar Too Strong?
  • 1,221 days Big Tech Disappoints Investors on Earnings Calls
  • 1,222 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,224 days China Is Quietly Trying To Distance Itself From Russia
  • 1,224 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,228 days Crypto Investors Won Big In 2021
  • 1,228 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,229 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,231 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,232 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,235 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,236 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,236 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,238 days Are NFTs About To Take Over Gaming?
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…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

EUR/CHF - Short-Term Bullish

EUR/CHF is pushing higher. Yet the technical structure indicates that the pair is trading without any real direction (lower highs and higher lows). Yet, a medium-term term bearish bias is still favoured. Hourly support lies at 1.0733 (28/08/2015 low). Resistance can be found at 1.0908 (declining channel resistance).

In the longer term, the technical structure remains negative as long as prices remain below the resistance at 1.1002 (02/09/2011 low). The ECB's QE programme is likely to cause persistent selling pressures on the euro, which should weigh on EUR/CHF. Supports can be found at 1.0184 (28/01/2015 low) and 1.0082 (27/01/2015 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment