EUR/CHF spent most of last week probing the 1.0653 late March high and the recent high at 1.0661 before sliding back towards the 55-day ma at 1.0559, per Commerzbank. Read about last EUR/CHF forecast Key quotes “The 55-day ma at 1.0559 remains in focus before an eventual break above 1.0661 (favoured) would target the March high at 1.0709 and further up the 200-day moving average at 1.0775.” “Minor support comes in at the 55-day moving average at 1.0559, where we expect to see some stabilisation. Only a daily chart close below the 1.0500 mark would probably signal losses to the 1.0236 April 2015 low (not favoured).” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY climbs to multi-day tops, bulls flirting with 50-DMA near 107.85-90 region FX Street 3 years EUR/CHF spent most of last week probing the 1.0653 late March high and the recent high at 1.0661 before sliding back towards the 55-day ma at 1.0559, per Commerzbank. Read about last EUR/CHF forecast Key quotes “The 55-day ma at 1.0559 remains in focus before an eventual break above 1.0661 (favoured) would target the March high at 1.0709 and further up the 200-day moving average at 1.0775.” “Minor support comes in at the 55-day moving average at 1.0559, where we expect to see some stabilisation. Only a daily chart close below the 1.0500 mark would probably signal losses to the… 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.
