• 11 hours Amazon Favored To Win $10 Billion Pentagon Contract
  • 14 hours American Steel Downgraded As Trade War Escalates
  • 17 hours From Gold To Bitcoin: The Evolution Of Money
  • 19 hours Italy Budget "Not Compatible With Commitments That Exist In The EU"
  • 1 day U.S. Deficit Defies Economic ‘Boomtime’
  • 2 days Saudi Business At Stake Over Journalist Murder Allegations
  • 2 days Trump Bails On Coal Industry Incentives
  • 2 days Google Opens Up About "Project Dragonfly"
  • 2 days Retail Sales Rebound, But Is It Enough To Post Positive Earnings?
  • 3 days Stocks Continue To Slide As Economic Fears Fester
  • 3 days Where Does The True Value Of Gold Lie?
  • 3 days Bitcoin Soars Amid Tether Drama
  • 3 days Fake Cheese, Hooters, And Big Banks: The Millennial Market Hitlist
  • 4 days “Enormous Piles Of Cash” Are About To Return To The Market
  • 6 days UAE Approves ICOs As Equities Markets Lose Momentum
  • 6 days Has The Stock Market Reached A Tipping Point?
  • 7 days Why Brazil’s Presidential Election Matters For Markets
  • 7 days Latin America’s Love-Hate Relationship With Crypto
  • 7 days Investors Panic As Market Correction Continues
  • 7 days “Rising Inequality” Could Impact America’s AAA Credit Rating
EU Weighs New Payment System With Iran To Skirt U.S. Sanctions

EU Weighs New Payment System With Iran To Skirt U.S. Sanctions

Demonstrating its eagerness to continue…

Time To Buy A Lada? Russian Auto Sales Are Booming

Time To Buy A Lada? Russian Auto Sales Are Booming

Russia’s flagship carmaker was once…

MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

Contact Author

  1. Home
  2. Markets
  3. Other

EUR/CHF - Slowly Rising To 1.1000

EUR/CHF has broken hourly resistance at 1.0982 (25/09/2015 high). Hourly support lies at 1.0733 (28/08/2015 low). Expected to test 1.1000.

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