EUR/CHF chart - Trading View
EUR/CHF was trading 0.08% higher on the day at 1.0595 at around 07:10 GMT, after closing 0.40% higher in the previous session.
Price action is struggling to break past 1.06 mark which is stiff resistance being converged 55-EMA and daily cloud.
Technical indicators are turning bullish. Stochs and RSI are biased higher and RSI has edged above the 50 mark.
Bullish RSI divergence and MACD line crossover on the signal line add to the bullish bias.
Analysis of the GMMA indicator shows minor trend is turning bullish. Volatility is also rising on the daily charts.
Break out at 1.06 handle will fuel further gains. Next hurdle for bulls lies at 23.6% Fib at 1.0650 ahead of 110-EMA at 1.0680.
On the flipside, failure to break above 1.06 and retrace below 21-EMA will see bearish resumption.


FxWirePro- Major Crypto levels and bias summary
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
FxWirePro: USD/ZAR eases as weaker dollar and lower oil prices support rand
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
FxWirePro: NZD/USD gains some ground but outlook is still bearish
2025 Market Outlook: Key January Events to Watch
NZDJPY at a Crossroads: Sideways Range Binds Price Action as 90 Resistance Looms
FxWirePro: EUR/AUD bearish momentum builds ,eyes 1.5900 level
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
FxWirePro: USD/CAD uptrend loses steam, remains on bullish path
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
FxWirePro: USD/CAD edges higher, retains bid tone
US Gas Market Poised for Supercycle: Bernstein Analysts
EURJPY Pullback Stalls: Short-Covering Bounce Faces Overhead Resistance Near 177.60
FxWirePro: USD/CNY firms slightly, but downward resumption looks likely
FxWirePro- Major Pair levels and bias summary 



