EURCHF Improved Prospects

by Ashraf Laidi

Feb 19, 2009 13:16

Swiss franc intensifies losses after the Swiss Govt's support of UBS announcement to release the names of US clients suspected of tax fraud. The Swiss Fin Ministers claims that a deal with the US DoJ was necessary to stave off a threat to the Swiss economy is proving increasingly bearish to the currency. EURCHF hits 4-day high above 1.49, nearing the 1.51 TL resistance as an interim pressure point. Increased bids are particularly seen in the event of a pick up in global appetite, with the 1.5120 high seen as a med. term target. The 1.52 top of the channel stands just below the 1.5260s, which is the 50% retracement of the decline from the Dec high to the Jan low.

More Hot-Charts

• EURUSD vs Bond yield Spread

  May 1, 2025 12:34 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send a detailed note on the latest technical parameters to our WhatsApp Bdcst Group...

• 30 mins pattern

  Apr 28, 2025 15:06 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية للمجموعة حول هذه المخططات - Will send a detailed note on the latest technical parameters to our WhatsApp Bdcst Group...
• 

  Gaps Update

  Apr 25, 2025 14:50 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية للمجموعة حول هذه المخططات - Will send a detailed note on the latest technical parameters to our WhatsApp Bdcst Group - -...