- Analytics
- Market analysis
- Technical Analysis
- EUR/CHF 4H time frame chart
EUR/CHF 4H time frame chart
As we can see in the 4-hour chart, the price has been consolidating since the Swiss franc reached new highs against the yen.
We also can observe that the price has had some resistance in breaking the values of the level of resistance near the 1.1537.
However, if the breakout of this zone occurs and if the price continues to respect the trend line, then we can expect a possible formation of a new maximum (blue rectangle) compared to the previously formed one.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
