EUR/CHF Technical Analysis

Technical Analysis
05 Okt 2017
EUR/CHF Technical Analysis

At the moment we are seeing an upward movement in this pair. Despite the destabilizing factors from the eurozone, the euro continues to strengthen against the Swiss currency after a recent sharp fall. Technical indicators indicate to us an upward movement. The price at the moment is under the moving average MA (89) and is trying to break it.

From a fundamental standpoint, we do not expect any factors contradicting this price movement neither for the franc, nor for the euro. Therefore, we will look for an entrance into long positions near the support lines and exit points near the resistance levels.

Support and resistance levels: 1.1355 1.1435 1.1460 1.1495 1.1525 1.1550

SuperForex
USD/MXN: Short Review & Forecast

Technical Analysis

USD/MXN: Short Review & Forecast

The USD has strenghened against most currencies based on positive economic news and increased probability for a new rate hike this year.

SuperForex
04 Okt 2017
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

The USD/JPY is steadily going bullish.

SuperForex
03 Okt 2017
GBP/NZD Technical Outlook & Daily Chart

Technical Analysis

GBP/NZD Technical Outlook & Daily Chart

The GBP/NZD is forming a double top pattern.

SuperForex
03 Okt 2017