EUR/CHF chart - Trading View
Technical Analysis: Bias Bearish
Daily Chart:
- GMMA shows major and minor trend are sharply bearish
- Parabolic SAR supports weakness, Stochs and RSI are sharply lower
- Volatility is rising, 21-EMA caps upside and price has retraced below 5-DMA support
- 'Death Cross' on the hourly charts to plummet prices further
1H Chart:
- Price action is below 200H MA and hourly cloud
- Volatility is rising as evidenced by widening Bollinger Bands
- GMMA shows major trend is neutral, while minor trend is bearish
Major Support Levels - 1.0550 (61.8% Fib), 1.0280 (May 2015 low)
Major Resistance Levels - 1.0578 (200H MA), 1.0606 (21-EMA)
Summary: Further weakness in the pair likely. Drag till 1.0280 (May 2015 low) likely. Upticks could be used to accumulate short positions. Decisive breakout at 200-DMA (currently at 1.0895) could negate near-term bearish bias.


Geopolitical Shocks That Could Reshape Financial Markets in 2025
FxWirePro: USD/JPY firms as bearish yen sentiment persists
FxWirePro: AUD/USD softens as Australian unemployment rate nears 5-year high
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
FxWirePro: USD/CNY gains some ground as China's yuan eases amid softer guidance rate
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD hovers near 0.5600,outlook strongly bearish
EURUSD Weakens as Dollar Strength Dominates; Technicals Suggest Sell-on-Rally Opportunity
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Hawkish Fed Fuels Gold Sell-off: Gold Dives Below $4300 Amidst Rate Hike Fears
China's Refining Industry Faces Major Shakeup Amid Challenges
Bitcoin Surges Past $85,000 Amidst Rising Risk Appetite
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Moldova Criticizes Russia Amid Transdniestria Energy Crisis
FxWirePro- Major Crypto levels and bias summary
Energy Sector Outlook 2025: AI's Role and Market Dynamics 



