EUR/CHF chart - Trading View
EUR/CHF was trading rangebound on the day with session high at 1.0523 and low at 1.0512.
The pair is extending sideways for the 7th straight session as bears struggle to extend weakness below 1.05 handle.
The pair is currently testing the Swiss National Bank's unofficial peg (with the SNB seemingly slowing down their huge intervention in the cross).
All eyes on the crucial 1.05 mark, with risks for the major skewed to the downside.
Further, technical studies are strongly bearish, with no major signs of reversal seen. 'Death Cross' could plummet prices.
Flash Eurozone PMIs released earlier this week plunged to record lows. While on the other side, rising risk-off after Gilead's coronavirus drug fails in first trial keeps haven flows for the Franc.
Break below 1.05 will open downside for the pair. 76.4% Fib at 1.0206 then in sight for the bears.


FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: USD/CNY gains some ground but bearish outlook persists
2025 Market Outlook: Key January Events to Watch
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
European Stocks Rally on Chinese Growth and Mining Merger Speculation
China's Refining Industry Faces Major Shakeup Amid Challenges
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Geopolitical Shocks That Could Reshape Financial Markets in 2025
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 



