• 36 mins Bitcoin Fails To Stay Above $10,000
  • 6 hours Bill Gates And Big Oil Chase The Dream Of Nuclear Fusion
  • 8 hours Top Jeweler To Use Only Recycled Gold And Silver
  • 1 day America’s Multi-Front Meltdown
  • 1 day Gold Up As U.S. Civil Unrest Escalates
  • 1 day How BlackRock Became King Of ESG Investing
  • 2 days Americans Don’t Care if TikTok Is A Security Threat
  • 3 days What’s Next In The Trump vs. Twitter Drama?
  • 4 days Escalating Tensions Could Crush $52 Billion China-U.S. Energy Deal
  • 5 days The Fed Is Printing Money At Unprecedented Levels
  • 5 days How Is The Real Estate Market Handling COVID-19?
  • 5 days Gold Flat As Markets Await Fed Chair Speech
  • 5 days What Is Day Trading And Is It Right For You?
  • 5 days Energy CEOs See Big Payouts Despite Oil Price Crash
  • 5 days Saudi Arabia Is Fighting A War On Two Fronts
  • 5 days 40 Million Jobless As Pandemic Fuels Economic Collapse
  • 5 days What Do India's Latest Reforms Mean For Its Coal Industry?
  • 5 days Copper Glut Continues To Grow
  • 6 days How A Pandemic Made Americans Better Workers
  • 6 days The Trillion Dollar Space Race Crosses Another Milestone
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Bearish!!

EUR/CHF's selling pressures continues. Hourly support can be found at 1.0810 (29/02/2016 low) is on target. Hourly resistance lies at 1.0946 (25/02/2016 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