EUR/CHF chart on Trading View used for analysis
- EUR/CHF has paused 4 straight sessions of losses and is currently trading marginally higher.
- The pair has held support at major trendline at 1.1222 and is trading 0.08% higher at 1.1249 at the time of writing.
- Renewed Italian budgetary concerns to keep pressure on the pair.
- Italian finance minister Giovanni Tria's said that the government won't make major changes to the budget.
- Technical studies are also bearish on daily and weekly charts. Scope for weakness in break below trendline support.
Support levels - 1.1222 (trendline support), 1.1183 (Sept 7 low), 1.1180 (Lower BB on weekly chart)
Resistance levels - 1.1261 (5-DMA), 1.1310 (21-EMA and 5W SMA), 1.1342 (cloud base)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


JPY Major Currency Score - EURJPY Bearish, All Other Major Neutral
JPY Major Pair Currency Score: USDJPY, GBPJPY and AUDJPY Extremely Bearish
NZDJPY Technical Outlook: Bullish Momentum Builds as Price Tests Key Support Levels
FxWirePro: USD/CAD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Wall Street Analysts Weigh in on Latest NFP Data
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
FxWirePro: EUR/AUD recovers from early decline but bears are not done yet
GBPJPY Bounces Off Support: Bulls Target 212 as Short-Term Moving Averages Align
2025 Market Outlook: Key January Events to Watch
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
China’s Growth Faces Structural Challenges Amid Doubts Over Data
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
US Gas Market Poised for Supercycle: Bernstein Analysts
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 



