The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
eur/chf faces resistance at 0.9510 with support at 0.9250
EUR/CHF has faced resistance at the September high of 0.9510 and is currently showing signs of a potential short-term bounce towards 0.9460. Key support levels are identified at 0.9325, with further support at 0.9250/0.9210, reflecting the lows from 2023/2024. The daily MACD indicates a lack of steady upward momentum, suggesting a possible extension of the pullback if the 200-DMA is not surpassed.
usd cad price action may remain range bound analysts suggest
USD/CAD is currently experiencing a brief pause after encountering resistance around 1.4470/1.4515, according to FX analysts at Societe Générale. A decisive move beyond this range is crucial to confirm the next phase of the uptrend, potentially extending towards 1.4610 and 1.4670. The 50-DMA at 1.4260 serves as key support, with a breach posing risks for a deeper pullback.
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