• 1,077 days Will The ECB Continue To Hike Rates?
  • 1,078 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,080 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,479 days Could Crypto Overtake Traditional Investment?
  • 1,484 days Americans Still Quitting Jobs At Record Pace
  • 1,486 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,489 days Is The Dollar Too Strong?
  • 1,489 days Big Tech Disappoints Investors on Earnings Calls
  • 1,490 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,492 days China Is Quietly Trying To Distance Itself From Russia
  • 1,492 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,496 days Crypto Investors Won Big In 2021
  • 1,496 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,497 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,499 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,500 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,503 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,504 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,504 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,506 days Are NFTs About To Take Over Gaming?
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…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

EUR/CHF - Monitoring Strong Resistance Area

EUR/CHF is trading around 1.1000 which is a strong resistance area. Selling pressures seem important at this level. Hourly support can be found at 1.0863 (23/03/2016 low) while hourly resistance is given at 1.1061 (17/02/2016 high). Expected to show continued monitoring of strong resistance area at 1.1000.

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