Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Key Resistance Levels: 1.09000, 1.10000, 1.11000
Key Support Levels: 1.05400, 1.05200, 1.05000
EUR/CHF Price Long-term Trend: Bearish
EUR/CHF pair is in a downward move. The uptrend has been terminated as the market drops to level 1.06559. A correction candle body is testing the 0.786 Fibonacci retracement level. It indicates that the market will reach a low of 1.272 extension level. At this Fibonacci extension level, the pair has reached bearish exhaustion. The market will reverse at any point in time. EUR/CHF reversal is not likely to be immediate.
Daily Chart Indicators Reading:
EUR/CHF has fallen to level 45 of the Relative Strength index period 14. The pair is now in the downtrend zone and below the centerline 50. The 50-day SMA and 21-day SMA are sloping upward which indicates the previous trend.
EUR/CHF Medium-term Trend: Bearish
On the 4-hour chart, the EUR/CHF pair is in a downtrend. The pair is falling in a descending channel. The market is still likely to fall as the pair faces resistance at the downtrend line. EUR/CHF is likely fall and reach the low of level 1.06000 and thereafter reverse.
4-hour Chart Indicators Reading
The 50-day and 21-day SMAs are sloping downward. It indicates the downtrend. The pair is above 20% range of the daily stochastic. The currency pair is in bullish momentum. The price action indicates bullish signals.
General Outlook for EUR/CHF
EUR/CHF pair is likely to continue in a downward move. However, the pair is making some correction upward. Thereafter, the downtrend will resume.
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
