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Chart Analysis: EUR/CHF

The recent EURCHF sell-off appears to have been a one-day wonder so far, but we suspect that the pair could resume the sell-off in the coming days as the ECB meeting comes and goes. Look for a close back below the 21-day moving average (now around 1.5200) and a retry through the rising trendline as a trigger that the sell-off is ready to resume. Key resistance comes in at the 1.5385 if the top isn't already in here.

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Permalink Reply by Anne on January 6, 2009 at 3:20pm

Current update of this pair provided by my broker.

EUR/CHF intraday: the downside prevails.
Pivot: 1.5075

Our preference: Short positions below 1.5075 with targets @ 1.4995 & 1.493 in extension.

Alternative scenario: Above 1.5075 look for further upside with 1.514 & 1.524 as targets.

Comment: the RSI is badly directed.

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Permalink Reply by princess Todd on January 10, 2009 at 11:00am

Thanks for the update Anne...

The currency pair could leave its bearish trend and tested its resistance line at 1.5172. Now it seems the EUR/CHF conglomerate for a new attempt to cross its resistance. This assumes that the supportline at 1.4715 will be stable. The Momentum indicator climbed on its zero level and could give positive impulses.

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Permalink Reply by princess Todd on January 10, 2009 at 11:01am

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Permalink Reply by princess Todd on May 15, 2010 at 1:56pm

14.05.2010: EUR/CHF

1.3998

A long position entered above the line means a lottery ticket. Lottery price is intervention.

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Permalink Reply by Rhys Pritchard on May 21, 2012 at 4:34pm

Definitely would be interesting if somebody had a regular chart going on with exotic pairs. Don't really know much about them.