EURCHF=X - EUR/CHF
| Previous Close | 1.129 |
| Open | 1.129 |
| Bid | 1.13 |
| Day's Range | 1.128 - 1.13 |
| 52 Week Range | 1.12847 - 1.19983 |
| Ask | 1.13 |
- FX Empire•21 hours ago
Core Inflation in the EU: Is It Ever Going to Happen?
One wonders how the Eurozone will achieve higher core inflation if monetary policy slowly tightens and the economic activity slows. Should the Euro appreciate and get back above, say, the 1.20 mark against the greenback, it will be even harder for inflation to accelerate.
- FX Empire•2 days ago
Important CHF Pairs’ Technical Update: 19.09.2018
A month old descending trend-line, at 0.9685, is likely to challenge the USDCHF’s short-covering moves from 0.9600, if not then the pair’s rise to 0.9710 and the 200-day SMA level of 0.9740 seem imminent. However, the 0.9780-90 area could restrict the pair’s upside past-0.9740, failing to which might propel prices to 0.9850-55 and the 0.9900 resistance-levels. Meanwhile, the 0.9600 and a downward slanting support-line, at 0.9580 now, can limit the quote’s immediate declines. In case the pair refrains to respect 0.9580 mark, the 0.9560, the 0.9520 and the 0. ...
- FX Empire•23 days ago
Bullish and Bearish setup on the EUR!
EURCHF breaks the short-term neckline of the small H&S formation, together with the lower line of the mid-term wedge pattern. In addition to that, EURCHF is bouncing from the long-term horizontal resistance. The price is surging and most recently, broke the ultimate horizontal resistance.
- Investing.com•last month
Euro Down, Safe Haven Currencies Higher on Turkish Lira Crash
Investing.com - The euro was trading at more than one-year lows on Monday as a crash in the Turkish lira roiled global markets amid fears that the country’s financial crisis could spread to European markets.
- FX Empire•2 months ago
FX, Commodity and Crypto. Three good trading setups!
First one is the Currency market, with the EURCHF. Most recently, EURCHF broke the lower line of the wedge and the neckline of the H&S formation. With this, we should be aiming lower to the long-term up trendline and the horizontal support on the 66.6 USD/bbl.
- FX Empire•2 months ago
Euro Steady Ahead of Major Economic Data
The Euro is trading slightly higher on Tuesday morning ahead of big economic indicators expected to be published later on today.
- FX Empire•2 months ago
Important CHF Pairs’ Technical Outlook: 25.07.2018
Unless breaking seven-week old ascending trend-line, at 0.9890 now, the USDCHF is less likely to extend its recent pullback towards 0.9850 and the 0.9820 support-levels. Alike USDCHF, the EURCHF’s downside is also capped by the immediate support, herein it is the 1.1595-85 zone, that may trigger the pair’s U-turn towards nearby TL resistance figure of 1.1615. GBPCHF’s recovery from nine-month old ascending trend-line may support the pair to aim for the 1.3125 and the 50-day SMA level of 1.3165 but a downward slanting TL stretched since April can confine its further upside around 1.3210.
- FX Empire•2 months ago
Reversal on the USDCHF?
One of the most technical setups can be seen on the USDCHF, where Friday ended with a bearish shooting star pattern. The place, where this pattern is present is not random as it is a long-term horizontal resistance (orange). In the smaller time frames, that shooting star is additionally shaped like the head and shoulders formation, which strengtheners the sell signal.
- FX Empire•3 months ago
Draghi Sticks to the Baseline. Cites Risks from Trade, Oil Prices and Market Volatility
The European Central Bank president, Mario Draghi was speaking at the banking conference event in Portugal last week. The main take away from the speech was that the ECB president promised that the ECB would take time to hike interest rates.
- FX Empire•3 months ago
A Bullish Short-Term View on the Euro
The breakaway gap in the Euro (in this article, we use “Euro” to refer to the currency pair EUR/USD) on the 24th of April 2017 on the back of positive first round French election results that weekend broke through a resistance trendline from 2014, a 5-month ascending triangle and the 200-day moving average. It heralded a reversal in the trend of the Euro and what followed was a near 1-year rally that took the price from 1.087 to a high of 1.2558, a rise of 15.5%. After consolidating in a symmetrical triangle, the Euro broke to the downside and has been falling for over a month now.
- FX Empire•4 months ago
What Happens if Italy Leaves the Euro?
Though there still remains a significant amount of uncertainty, recent populist movements in Italy have created the possibility of ending the national use of the Euro. Naturally, as a nation of over 60 million and the third largest nation in the Eurozone (after Germany and France), Italy’s abandonment of the Euro could spark a wide variety of far-reaching changes.
- Investing.com•4 months ago
Euro Rebounds from 10-Month Lows as Markets Steady
Investing.com -The euro rebounded from ten month lows against the dollar on Wednesday, erasing the previous day’s losses as financial markets recovered from a steep selloff sparked by political turmoil in Italy.
- Investing.com•4 months ago
Euro Climbs Back Above $1.16 as Italy Fears Ease
Investing.com -The euro rose back above the $1.16 level on Wednesday as it recovered after falling to multi-month lows the previous day as fears over political turmoil in Italy roiled markets.
- Investing.com•4 months ago
Euro Bounces From Day’s Lows, Remains under Pressure
Investing.com - The euro bounced off the worst levels of the day on Tuesday after comments by the leader of Italy’s Five Star political party calmed investors’ concerns over the prospect of an Italian exit from the euro zone.
- FX Empire•4 months ago
Stocks and Euro Sink on Political Uncertainty in Italy, Turkish Lira Stable
The start of the week’s trading took place around excitement in the political situation in Italy and the unsuccessful attempts of Crude Oil to rebound.
- Investing.com•4 months ago
Euro Falls Below $1.16, Yen Broadly Higher
Investing.com - The euro fell to its lowest level since November against the dollar on Tuesday as political turmoil in Italy and Spain weighed, while the safe haven yen posted broad gains amid widespread risk aversion.
- FX Empire•4 months ago
Global Stocks Mixed, Italian Bonds Highest Since 2011. Oil Prices Continue to Drop
Early Monday trading has seen the downward pressure continue for oil prices. Italian stocks rise on prospects of new elections, and Italian bonds strengthen as the populist coalition fails to form a government.
- FX Empire•5 months ago
Downside Action in Vogue for Euro Again
The Euro has resumed its downward trend this morning and is testing vital long-term support.
- FX Empire•5 months ago
How Could Ecofin Meetings Affect the Euro?
The Ecofin meetings are a major event in the EU, with leaders from all member states attending each time that they are held. How could the meeting affect the euro?
- FX Empire•6 months ago
Technical Outlook of Important CHF Pairs: 28.03.2018
Considering USDCHF’s latest U-turn from near 50-day SMA, the pair seems all set to challenge the 0.9565-70 area with 0.9535 being immediate resistance to tackle. In case if the pair manage to surpass the 0.9570 mark on a daily closing basis, the 0.9600 & the 0.9640 are likely following numbers to please the buyers ahead of questioning their strength by 200-day SMA level of 0.9660, adjacent to 0.9665-70 horizontal-line. Given the pair’s inability to sustain latest recovery, the 0.9455 and the 50-day SMA level of 0.9415 might entertain short-term sellers. ...
- FX Empire•6 months ago
Euro’s Range Trading Vanishing Soon
The Euro has continued to face headwinds versus the U.S Dollar short term. While range trading may prevail today, this will vanish as the U.S Fed’s monetary policy decision draws closer on Wednesday.
