EURCHF

(Last Updated July 8, 2020)

Hello! This is the news page for EURCHF. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:

The Trend

As for trends on EURCHF, we’re seeing a downtrend on shorter timeframes — but an uptrend on the 90 day timeframe. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.

EURCHF Moving Averages

Nuances in the trend on EURCHF can be understood by observing the behavior of its moving averages. The 50 and 100 day averages suggest a bullish trend, as they are pointing upwards, while the 20 and 200 day averages are pointing downward, suggesting a bearish trend on those timeframes.

Below is a chart showing EURCHF’s price with its moving averages.

In terms of correlations over the past week for EURCHF, it has been most correlated with USDJPY. If we zoom out to a two week basis, though, EURAUD is the asset most correlated to EURCHF. Alternatively, the asset least correlated with EURCHF over the past week has been NZDJPY, but if we observe the prior two weeks, the asset least correlated with EURCHF has been USDSEK. The chart below illustrates EURCHF against its least correlated assets.

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