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.


S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
FxWirePro: NZD/USD slips as New Zealand’s unemployment rises in Q4
FxWirePro: USD/ZAR dips below lower range, bearish bias increases
China’s Growth Faces Structural Challenges Amid Doubts Over Data
FxWirePro- Major Crypto levels and bias summary
USD/CHF Breaks Out: Bullish Surge Past 0.7800 Fuels Fresh Upside Momentum
Stock Futures Dip as Investors Await Key Payrolls Data
FxWirePro: GBP/USD regains upwards momentum but unable to hold above 1.3700 level
FxWirePro: GBP/AUD dips ahead of pivotal RBA call
FxWirePro- Major European Indices
2025 Market Outlook: Key January Events to Watch
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
US Gas Market Poised for Supercycle: Bernstein Analysts
FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar
AUDJPY Powers Above 109 – Yen Weakness Fuels Aussie Bulls
EUR/GBP Slumps Under Pressure: Bearish Momentum Builds as 0.8675 Resistance Holds Firm 



