• 718 days Will The ECB Continue To Hike Rates?
  • 718 days Forbes: Aramco Remains Largest Company In The Middle East
  • 720 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,120 days Could Crypto Overtake Traditional Investment?
  • 1,125 days Americans Still Quitting Jobs At Record Pace
  • 1,127 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,130 days Is The Dollar Too Strong?
  • 1,130 days Big Tech Disappoints Investors on Earnings Calls
  • 1,131 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,132 days China Is Quietly Trying To Distance Itself From Russia
  • 1,133 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,137 days Crypto Investors Won Big In 2021
  • 1,137 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,138 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,140 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,141 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,144 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,145 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,145 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,147 days Are NFTs About To Take Over Gaming?
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

EUR/CHF - Back to 1.1000

EUR/CHF's selling pressures are increasing. Hourly support lies at 1.0950 (11/02/2016 low). Hourly resistance lies at 1.1061 (17/02/2016 high). The technical structure suggests further weakening.

In the longer term, the technical structure remains positive. Resistance can be found at 1.1200 (04/02/2015 high). Yet,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