EUR/CHF chart - Trading View
Spot Analysis:
EUR/CHF was trading largely unchanged at 1.0876 at around 09:00 GMT, with session high and low at 1.0892 and 1.0864 respectively.
Previous Week's High/ Low: 1.0892/ 1.0742
Previous Session's High/ Low: 1.0890/ 1.0845
Fundamental Overview:
The single currency trades weaker on mixed ECB-speak.
Conflicting messages from ECB policymakers weigh on the euro ahead of Thursday's monetary policy decision.
ECB’s Vasle said 'Still need `highly accommodative' monetary policy'
ECB’s Holzmann said 'Central bank could be tightening policy quicker than markets expect'
Technical Analysis:
- EUR/CHF has broken above daily cloud
- Momentum is strongly bullish with Stochs and RSI sharply higher
- Volatility is high and rising as evidenced by widening Bollinger bands
- MACD and ADX supports upside
- GMMA indicator shows near-term trend is strongly bullish
Major Support and Resistance Levels:
Support - 1.0863 (5-DMA), Resistance - 1.0893 (200-DMA)
Summary: EUR/CHF bullish streaks meets major resistance at 1.0893. Momentum is still with the bulls. Decisive break above 200-DMA to see upside continuation. Next major bull target lies at 50% Fib at 1.0932.


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro:EUR/AUD eases but bullish outlook persists 



