Euro Swiss Franc (EUR/CHF) - 07/02/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5996. EUR CHF broke 1,6035 support. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 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 to gather momentum. The price should find a support above 1,5900.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances
1,6030 - 1,6080
Supports
1,5970 - 1,5900
updated 07 févr 2008 13:59 GMT +02:00

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