Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
EUR/CHF: the final target

EUR/CHF: the final target

Information is not investment advice

Although EUR/CHF has already made a big leap to the downside, the weekly chart shows that the decline looks unfinished and the pair may slide to even lower levels. Such a scenario is plausible given the European Parliamentary election that is taking place this week and the high probability that the eurosceptics will strengthen their position.

The target levels for selling EUR/CHF are in the 1.1160 area (support line connecting 2018 and 2019 lows; March low; 200-week MA). The fall will be likely as long as the pair is below 78.6% Fibo retracement of March-April advance at 1.1230.

EURCHF w.png

Similar

How to trade WTI oil

WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.

Popular

How to trade WTI oil

WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.

Choose your payment system

Learn more