EUR/CHF chart - Trading View
Technical Analysis: Bias Bullish
GMMA Indicator
- Major and minor trend are strongly bullish on the daily charts
- On the weekly charts, minor trend is bullish, major trend is neutral
Ichimoku Analysis
- Price action is above cloud and major moving averages
Oscillators
- RSI is above 60, bias is strongly bullish
- Stochs are strongly bullish, MACD supports gains
Bollinger Bands
- Bollinger bands are widening on daily and weekly charts
- Rising volatility and bullish momentum
Summary: Bias is strongly bullish. The pair is consolidating spike above 200-DMA, scope for further gains. Next immediate resistance lies at 61.8% Fib at 1.0846 ahead of major trendline resistance at 1.0880.
