Euro Swiss Franc (EUR/CHF) - 21/01/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,6046. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The downtrend should continue on 1,6000 support.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances
1,6070 - 1,6100
Supports
1,6040 - 1,6000
updated 21 janv 2008 06:03 GMT +02:00

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