EUR/CHF rebounds sharply from 2024 lows – Société Générale
Source Fxstreet
EUR/CHF has bounced strongly off the 0.9210 floor, reclaiming the 200-DMA and pushing into a major trendline near 0.9400, with a key resistance band at 0.9445–0.9500 now coming into focus, Société Générale's FX analysts note.
Resistance looms at 0.9445–0.9500 zone
"EUR/CHF has staged a sharp rebound after testing the key graphical level at 0.9210, which marks the 2024 lows. The pair has crossed the 200-DMA and is probing a multi-month descending trendline (near 0.9400). Ongoing bounce may extend in short-term."
"The August peak at 0.9445/0.9500 could be an important resistance zone. It will be interesting to see if the pair can overcome this hurdle. The 200-DMA at 0.9360 is first support."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
US Dollar's Decline Predicted in 2026: Morgan Stanley's Outlook on Currency VolatilityMorgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
Morgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
Asian shares showed mixed performance as investors bet on a likely Federal Reserve rate cut this week. However, tensions within the Fed suggest a contentious meeting, sparking cautious market sentiment.
Bitcoin Dips Ahead of Fed Meeting as Strategy Acquires 10,624 BTC Amid Market CautionBitcoin declined modestly ahead of the Federal Reserve's anticipated rate cut, trading around $90,011.6. Strategy's recent purchase of 10,624 BTC enhances its total to 660,624 BTC despite potential index exclusions.
Bitcoin declined modestly ahead of the Federal Reserve's anticipated rate cut, trading around $90,011.6. Strategy's recent purchase of 10,624 BTC enhances its total to 660,624 BTC despite potential index exclusions.
Gold's Historic 2025 Rally: Can the Momentum Last Through 2026?Following a historic surge in 2025 that saw prices climb over 60% and break records more than 50 times, gold investors are now looking ahead to assess whether the precious metal can sustain its momentum into 2026. Despite outperforming most major asset classes and heading for its best annual performance since 1979, analysts are divided on the outlook—with some seeing further room for gains and others cautioning that risks are rising.
Following a historic surge in 2025 that saw prices climb over 60% and break records more than 50 times, gold investors are now looking ahead to assess whether the precious metal can sustain its momentum into 2026. Despite outperforming most major asset classes and heading for its best annual performance since 1979, analysts are divided on the outlook—with some seeing further room for gains and others cautioning that risks are rising.
A recent buying spree in Bitcoin lifted major alternative cryptocurrencies, but beneath the surface, Solana is showing signs of stress as liquidity evaporates and market leverage remains dangerously high.
Related Instrument
