What is the outlook for EUR/CHF in the near and medium terms? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses EUR/CHF outlook and adopts a neutral bias in the near-term and a bullish bias over the medium-term. “The CHF has been consolidating for most of the past few weeks with crosses such as EUR/CHF trading broadly range-bound. This is unlikely to change anytime soon with balanced speculative positioning pointing towards low position squaring-related risks and as there is little scope for changing policy differentials,” CACIB notes. “Our long-term outlook on the CHF, however, remains one of depreciation with our year-end EUR/CHF target standing at 1.1200,” CACIB adds. For lots more FX trades from major banks, sign up to eFXplusBy signing up for eFXplus via the link above, you are directly supporting Forex Crunch. Kenny Fisher Kenny Fisher Kenny Fisher - Senior Writer A native of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto. Kenneth is also a lawyer, and has extensive experience as an editor and writer. Kenny's Google Profile View All Post By Kenny Fisher Daily Look share Read Next VeChain adoption solidifies with ReSea Project as VET price approaches critical reversal point FX Street 1 year What is the outlook for EUR/CHF in the near and medium terms? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses EUR/CHF outlook and adopts a neutral bias in the near-term and a bullish bias over the medium-term. "The CHF has been consolidating for most of the past few weeks with crosses such as EUR/CHF trading broadly range-bound. This is unlikely to change anytime soon with balanced speculative positioning pointing towards low position squaring-related risks and as there is little scope for changing policy differentials," CACIB notes. "Our long-term outlook on the CHF, however, remains one of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
