Posts tagged 'EURCHF'

Last week saw investor demand for EURCHF continue the rise from last year's low point. But the key element was that buying interest accelerated - creating a 4th up week in a row  and, more importantly, breaking above the 21 week moving average.That positive break confirms the 'golden' cross already provided in the EURCHF RSI signals... read more

...Trading in EURCHF has been volatile over the last 2 months. Our RSI signal made a positive cross of it's moving average at the end of February. This was confirmed by a spot move through it's own average the following week. Since then spot prices fell back below the 21 week line but that was not... read more

.    EURCHF - Sentiment turning BearishFor 6 weeks EURCHF has fluctuated around the key 21 week moving average without clearly breaking to the downside, on a closing basis, or attracting any significant renewal of buying interest.But last week's decline resulted in a clear break below that point for the first time since last July. More importantly... read more