EUR/CHF chart - Trading View
Technical Analysis: Bias Bullish
- EUR/CHF was trading 0.21% higher on the day at 1.0784 at around 13:00 GMT
- The pair is extending bounce off 88.6% Fib support and is spiking for the 2nd straight session
- MACD is on verge of bullish crossover on signal line, 5-DMA has turned
- Stochs are on verge of rollover from oversold levels, RSI is biased higher
- Price action has edged above 200H MA and GMMA indicator has turned bullish on the hourly charts
Support levels - 1.0752 (200H MA), 1.0744 (5-DMA), 1.0716 (88.6% Fib)
Resistance levels - 1.0794 (21-EMA), 1.0847 (61.8% Fib), 1.0858 (55-EMA)
Data Released: The Switzerland seasonally adjusted unemployment rate fell to 3.0% in July, matching consensus and compared to a reading of 3.1% in June.
The non-seasonally adjusted unemployment rate for July stood at 2.8%, compared to forecasts and prior at 2.8%.
Summary: EUR/CHF is on track to test 21-EMA resistance. Further upside remains elusive as 'Death Cross' on the daily charts is likely to cap upside. Decisive break above 21-EMA could change near-term dynamics.


FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: GBP/USD advances on steady UK GDP growth
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 



