After the last post with a bearish outlook on the EUR it fell down to a low of 0.997 on 07.03.2022. So the target of parity has been reached. Then it recovered up to 1.03 before the meeting of the …
With the tensioning of the Russia-Ukraine crisis and the later outbrek of the war the Swiss Franc was sought after as a safe haven and profitet from the weakening Euro. Whilst the Euro rose at first in February on the …
20220302- EUR/CHF – Head and Shoulders pointing down? Read more »
Since 16.02.2021 the Euro rose strongly against the Swiss Franc and surpassed imprtant resistances at 1.09 and 1.1. After the strong move in June 2020 and the breaking out of the long term downtrend in August 2020 this is the …
After reaching 1.0606 on the downside a bullish engulfing occured in the EURCHF an the Euro rose through resistances at 1.065, 1.07 and 1.075 up to almost 1.08. From there it corrected downward again. Keeping the primary downtrend intact. Whilst …
Two days ago I wrote: “A break below this level (1.071) could mean the end to the current medim term uptrend. If the level holds, the 1.083 would need to be broken on the top to break out of the …
20200611- EUR/CHF – easy come, easy go and back into the downtrend Read more »
From the lows around 1.05 the EURCHF rose above the resistance at 1.06066 on enthusiasm about the COVID19-recovery programmes of unprecedented amounts delivered by the European Central Bank and the governments. Furthermore there is indications that the Swiss National Bank …
20200609- EUR/CHF – broke out but still in primary downtrend Read more »