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EUR/CHF Bullish By 1% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.6% for the last 21 sessions. At 20:06 EST on Monday, 11 March, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 6.202% up from its 52-week low and 4.062% down from its 52-week high.

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  • Eur/usd price analysis: treads water below the major resistance of 1.0950. According to FXStreet on Monday, 11 March, "On the downside, the EUR/USD pair could find the key support at 23.6% Fibonacci retracement of 1.0913 followed by the psychological level of 1.0900. ", "If there is a breakthrough above the recent highs, the EUR/USD pair may receive upward support, potentially testing the psychological barrier of 1.1000. "
  • Eur/usd: downside risks this week – ING. According to FXStreet on Monday, 11 March, "We must reiterate that EUR/USD is trading around the top of the range, consistent with a still depressed short-term rate differential. "
  • According to FXStreet on Monday, 11 March, "The Euro was little affected by Kazimir’s comments, keeping EUR/USD unperturbed near 1.0940."
  • Eur/usd: an acceleration to 1.1000 will most likely depend on US cpi, if not retail sales – socgen. According to FXStreet on Monday, 11 March, "For the week ahead, investors chasing a rally in EUR/USD above 1.1000 will brace for US Consumer Price Index (CPI) report and US Retail Sales, economists at Société Générale say"
  • Eur/usd hints at weakness to come. According to FXStreet on Monday, 11 March, "Turning to the charts, the overall short-term picture for EUR/USD is that the pair has been rising since February in an uptrend that continues to slightly favor bulls, but there are increasing signs a correction may be about to unfold."

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