EurChf forecast - for short term

raiseDreams

raiseDreams

Active member
Verified
Dec 15, 2020
36
Points
17
Eur-chf is a range-bound currency that a trader can make mid-size profit even after facing some losses. I like it due to its low volatility and in-range movements, usually it shifts 50-70 pips weekly, often less than that. If somebody wants high volatility & more gains, can overlook this pair. But it can be an excellent currency pair for those who want some steady profit.

Eur-chf is going to grind higher towards 1.1050 area in few months.
PicsArt_02-12-11.17.19-01.jpeg


But one should aim for its short-term direction, that's 1.0870. This pair has broken above mid-range resistance at its 55-day average to suggest a swing higher towards 1.0868/93. Next near-term resistance at 1.0841/42, before finding next leg at 1.0864/68.
 
Best Change
BitStarz Casino
Advertise Here!
Coin Payments
raiseDreams

raiseDreams

Active member
Verified
Dec 15, 2020
36
Points
17
Last week we saw some sharp leaps upwards in Eur-chf. It jumped 80+ pips, from 1.0785 to 1.0870, quite on the track as per our assumptions.
This pair will surpass 1.09 barrier in coming days.
 
raiseDreams

raiseDreams

Active member
Verified
Dec 15, 2020
36
Points
17
Last few days were dramatic, we saw a sharp run for almost all currencies. Eur-chf hit 1.09 first, then passed 1.1050, later up to kiss 1.11, then reversed for correction.
 
ROY_PRIZM

ROY_PRIZM

Roy
Verified
Mar 5, 2019
222
33
Ukraina
ROY.club
Points
500
Интересный пост. Какой крипто кошелек вы можете порекомендовать?
 
Similar threads

Similar threads

Private conversations
Rules Help Users
    You haven't joined any rooms.
    Forgot your password?