• 388 days Could Crypto Overtake Traditional Investment?
  • 393 days Americans Still Quitting Jobs At Record Pace
  • 395 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 398 days Is The Dollar Too Strong?
  • 398 days Big Tech Disappoints Investors on Earnings Calls
  • 399 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 401 days China Is Quietly Trying To Distance Itself From Russia
  • 401 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 405 days Crypto Investors Won Big In 2021
  • 405 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 406 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 408 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 409 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 412 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 413 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 413 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 415 days Are NFTs About To Take Over Gaming?
  • 416 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 419 days What’s Causing Inflation In The United States?
  • 420 days Intel Joins Russian Exodus as Chip Shortage Digs In
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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 - 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