EUR/CHF - Euro to Swiss Franc

USD/CHF Having failed to surpass a month-old descending trend-line, at 0.9645 now, the USDCHF now tests an immediate upward slanting TL support of 0.9590, break of which could quickly drag it to 0.9560 and the 0.9525 rest-points. Given the pair continue declining after 0.9525, the 0.9480 and the 0.9450 might offer intermediate halts during its … Continue reading Technical Update For Important CHF Pairs: 20.09.2017

USD/CHF While a short-term “Falling-Wedge” continues offering frequent bounces to the USDCHF, chances of the pair’s pullback from more than a week’s low towards 0.9555 and then to the formation resistance-line of 0.9585 seem brighter. However, break of 0.9585 will confirm an immediate bullish chart pattern and may activate the quote’s up-moves in direction to … Continue reading Technical Checks For Important CHF Pairs: 07.09.2017

The Euro is certain to see significant volatility today as ECB President Mario Draghi speaks. Traders must be ready for reversals on technically driven positions. Traders need to be alert during the ECB Press Conference. Mario Draghi Effect Traders of the Euro must be prepared for a challenging day of trading. European Central Bank President … Continue reading Dangerous Day Ahead for Euro as All Eyes on the ECB

USD/CHF Considering the USDCHF’s latest recovery from 0.9427, which helped it surpass immediate TL resistance, the pair seems capable enough to challenge the intermediate trend-line figure of 0.9715, immediately followed by 100-day SMA level of 0.9730. Given the pair’s capacity to extend its up-moves beyond 0.9730, the 0.9775, the 0.9805 and the 0.9860 may entertain … Continue reading Technical Overview of USD/CHF, EUR/CHF, AUD/CHF & NZD/CHF: 31.08.2017