EURCHF Still has Legs

by Ashraf Laidi

Apr 9, 2009 13:43

EURCHF rally has more legs as the franc-selling intervention is reminded by the SNB and the Euro licks wounds from another credit downgrade (Ireland). But an expected rejuvenation of risk appetite ahead of the Easter break could bolster EURCHF back to 1.53 and onto TL resistance of 1.5350. Holding above the 100-day MA was a positive sign, while the stabilization of stochastics at the 70.87 paves the way for fresh momentum.

More Hot-Charts

• 

  Gold Channel ABC and D

  Jan 8, 2026 16:27 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group - -...
• 

  EURUSD Next

  Jan 5, 2026 17:09 | by Ashraf Laidi
  If EURUSD holds Monday above 1.17, it will show a hammer candle, supported above the 100-day moving average.

• Gold Next Move

  Dec 26, 2025 15:32 | by Ashraf Laidi
  Will send detailed note on latest parameters to our WhatsApp Bdcst Group - سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات -   ..