We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Mixed
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Mixed
More View more
Real Time News
  • Retail CFD traders measured by IG have cut their long-standing short $SPX exposure even further and pushed long positions to the highest in at least 12-months. About to flip net long for the first time in recent memory: https://www.dailyfx.com/sentiment?ref-author=Kicklighter&CHID=9&QPID=917719 https://t.co/y8ocZTCo4k
  • Precious Metals Update: #Gold 1,639.59 (-0.08%), #Aluminum 1,703.00 (+0.24%), and #Copper 5,685.00 (-0.07%) [delayed]
  • "The April VIX future has closed as much as 1.3 points above May’s during this pullback, the biggest such backwardation between the second and third-month contracts since the idiosyncratic volatility blowup in February 2018" https://t.co/35vDjoQQd3
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: -0.01% 🇨🇭CHF: -0.08% 🇯🇵JPY: -0.20% 🇳🇿NZD: -0.51% 🇬🇧GBP: -0.82% 🇦🇺AUD: -0.91% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/XKfLFCRJ0v
  • Greece🇬🇷, Norway🇳🇴, Sweden🇸🇪, Finland🇫🇮, Belgium🇧🇪. What is more concerning is not only is it spreading within mainland Europe but also to its fingertips in the north to the Scandinavian countries and progressively to the east. North Macedonia and Russia also reported infections.
  • Credit markets are not liking the #coronavirus. Cost of insuring sub-investment grade corporate debt in Europe skyrocketed again to multi-month highs. Countries with confirmed cases of #COVID19: Italy🇮🇹, Germany🇩🇪, France🇫🇷, Spain🇪🇸, UK🇬🇧, Croatia🇭🇷, Austria🇦🇹, Switzerland🇨🇭.. https://t.co/ABT0RqeLuQ
  • 🇳🇿 NZD Trade Balance 12 Mth YTD (JAN), Actual: -3866m Expected: -3940m Previous: -4309m https://www.dailyfx.com/economic-calendar#2020-02-26
  • 🇳🇿 NZD Trade Balance (JAN), Actual: -340m Expected: -549m Previous: 547m https://www.dailyfx.com/economic-calendar#2020-02-26
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Gold: 0.32% Oil - US Crude: -0.00% Silver: -0.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/uzsWuWrbcV
  • Recession risk is back on the rise and largely attributable to expected economic impact from the #coronavirus outbreak. Get your market update from @RichDvorakFX here:https://t.co/NhzJHEqwj6 https://t.co/zY3kWFiys2
EUR/CHF Classical 07.19

EUR/CHF Classical 07.19

2010-07-19 05:23:00
Joel Kruger, Technical Strategist
Share:

eurchf2

EUR/CHF: The market looks to have finally found a major base by the recent record lows at 1.3070, and the risks from here are for some significant additional corrective upside towards 1.4000 over the coming weeks. Daily studies have urned up from oversold, while weekly and monthly studies are just starting to break up to provide additional confirmation for bullish outlook. Look for any setbacks to be well supported ahead of 1.3400, with the market now eyeing a retest of next key resistance by 1.3740 over the coming days. 

 

Written by Joel Kruger, Technical Currency Strategist for DailyFX.com 
If you wish to receive Joel's reports in a more timely fashion, e-mail 
instructor@dailyfx.com and you will be added to the "distribution" list.

 If you wish to discuss this topic or any other feel free to visit our 
Forum page

 

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.