Currency Trading – , EURCHF Price Technical Analysis and News – CSFX

Currency Trading – , EURCHF Price Technical Analysis and News – CSFX

EURCHF Technical Analysis

EURCHF Technical Analysis: Weekly Chart

EURCHF Technical Analysis

In the weekly charts, EURCHF is trading in an upward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100).

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 1.01678 and the resistance level is at 1.04594

EURCHF is trading in an upward channel until there is a trend reversal.

EURCHF Technical Analysis: Daily Chart

EURCHF Technical Analysis

In the daily charts, EURCHF is trading below its previous upward channel.

It is trading above MA (50) but below MA (20) and MA (100).

RSI is in selling zone which indicates bearishness. MACD is currently trading above zero which indicates bullishness.

The immediate support is at 1.02080 and the resistance level is at 1.03298

EURCHF is trading below and outside its previous upward channel until there is a trend reversal.

How to trade EURCHF this week:

EURCHF is trading in an upward channel until there is a trend reversal and the following opportunity can be taken:

TRADE SUGGESTION: SELL AT 1.01590, TAKE PROFIT AT 1.00236, AND STOP-LOSS AT 1.02562

About Author

Related posts

NZDCHF Technical Analysis

NZD/CHF Technical Analysis and Investing Tips For NZD/CHF

NZDCHF Technical Analysis: Weekly Chart In the weekly charts, NZDCHF was trading in down channel. NZDCHF is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.5920 & the resistance level...

Read More

Leave a Reply