EUR/CHF chart - Trading View
EUR/CHF faces rejection at 200H MA, slips lower from session highs at 1.0567.
The pair is struggling to extend gains, was trading largely muted at 1.0542 at around 10:00 GMT.
Upside lacks traction, technical indicators support further weakness. Major and minor trend are strongly bearish.
Stochs and RSI are biased lower. Volatility is rising and price grinds lower along downward sloping 21-EMA.
Price hovers around 61.8% Fib at 1.0550. 'Death Cross' on the weekly charts to plummet prices further. Dip till 1.0280 (May 2015 low) likely.
Recent disappointing prints in both Germany and the broader Euroland keep the Euro suppressed.
Consumer Confidence gauge in the euro area due later today (15:00 GMT) will be in focus for immediate moves.
Advanced PMIs in the region for the month of March on Tuesday and the German IFO on Wednesday will also be keenly watched.


Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
China’s Growth Faces Structural Challenges Amid Doubts Over Data
Energy Sector Outlook 2025: AI's Role and Market Dynamics
FxWirePro- Major Pair levels and bias summary
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
FxWirePro- Major Pair levels and bias summary
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
FxWirePro: USD/CAD gains as broad dollar strength lifts pair
FxWirePro: NZD/USD hovers near 0.5600,outlook strongly bearish
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
China's Refining Industry Faces Major Shakeup Amid Challenges
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: AUD/USD softens as Australian unemployment rate nears 5-year high 



