EUR/CHF respects moving averages

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The broader decline of the European common currency against the Swiss Franc continues. It was spotted in April and June that the pair from time to time finds support and resistance in the 50 and 200-day simple moving averages. Most recently, the pair has remained near 0.9800, as it finds support in the 50-day simple moving average.

A passing below the 50-day simple moving average could result in the rate looking for support in the March and May low levels at 0.9708 and 0.9673. Further below, round exchange rate levels might act as support, before the May 2022 low at 0.9558 would be reached

In the case of a Euro recovery against the Franc, the 0.9800 could act as resistance. Higher above, the 200-hour simple moving average and a descending trend line are expected to provide resistance near 0.9850.
Back to articles

Actual Topics

Thu, 06 Jul 2023 11:13:33 GMT

GBP/AUD tests 2021 and 2022 high levels

In general, the Bank of England and Reserve Bank of Australia have been hiking interest rates to combat inflation. However, the BoE has kept their rates always higher during 2023. Due to this fundamental reason, the GBP/AUD currency exchange rate has been surging throughout 2023. From a technical analysis perspective the pair has been surging in a channel up

Wed, 05 Jul 2023 12:43:49 GMT

USD/CAD faces resistance zone

Since March 2023, the USD/CAD has been declining in a channel down pattern. The channel can be attributed to the fact that the US Federal Reserve paused its monetary tightening, as the Bank of Canada continued to battle inflation with rate hikes. Most recently, the pair bounced off the lower trend line of the channel pattern and recovered to

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.