EUR/CHF chart - Trading View
EUR/CHF is extending sideways trade, upside remains capped below 21-EMA.
The pair was trading largely muted at 1.0558 at around 11:55 GMT after closing largely unchanged in the previous session.
The single currency losing upside momentum, final March CPIs in Euroland, German IFO take center stage this week.
Major trend in the pair is bearish, no major signs of reversal seen, technical studies are inconclusive.
RSI shows bullish divergence with upside bias, while Stochs are sharply lower.
Price action is edging away from lower Bollinger band on the weekly charts and break above 21-EMA will fuel further gains.
Next major hurdle aligns at 50-DMA at 1.0607. Break above eyes 23.6% Fib at 1.0650.
Supports on the downside are seen at 1.0523 (Mar 20 low) ahead of 1.0428 (Lower W BB).


FxWirePro: USD/ZAR rises as dollar gains on Fed hike bets
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
FxWirePro: EUR/AUD recovers some ground, but outlook remains bearish
Fade the Rally: AUD/JPY Eyes 109.30 Downside as Resistance Holds
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
2025 Market Outlook: Key January Events to Watch
Global Markets React to Strong U.S. Jobs Data and Rising Yields
Geopolitical Shocks That Could Reshape Financial Markets in 2025
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
Stock Futures Dip as Investors Await Key Payrolls Data
FxWirePro- Woodies Pivot (Major)
Hawkish Fed Fuels Gold Sell-off: Gold Dives Below $4300 Amidst Rate Hike Fears
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
FxWirePro: GBP/USD slips as dollar extends gains after US PMI data
FxWirePro: USD/CAD extends advance as stronger dollar and falling oil weighs on loonie
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 



