Swiss Franc: Weakens as Euro tests triangle resistance – Societe Generale

Societe Generale technical analysts note that EUR/CHF has moved above its 200-DMA and is challenging resistance defined by the March and April highs. The pair is attempting to break the upper boundary of an ascending triangle, opening scope for a larger up-move toward 0.9320 and the December 2025 peak at 0.9380/0.9400, while failure to hold above the 200-DMA risks renewed decline.

Ascending triangle breakout risk

"EUR/CHF has moved above its 200-DMA and is now challenging a key resistance marked by the March/April highs."

TMGM талдауы: Қаржы нарығы жаңалықтары, экономикалық күнтізбе және нарықтық шолулар

"The pair is also attempting to cross the upper boundary of a pattern resembling an ascending triangle, suggesting possibility of a larger up move."

"The next objectives could be located at projections of 0.9320 and the peak of December 2025 at 0.9380/0.9400."

"There would be a risk of resumption in decline if the pair fails to hold above the 200-DMA (currently near 0.9215)."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

НАҒЫЗ ДӘРЕЖЕЛЕР

Атауы / Тикері
График
% Өзгеріс / Баға
NVDA
1 күндік өзгеріс
-7.26%
163.97
ON
1 күндік өзгеріс
+0%
0
MSFT
1 күндік өзгеріс
-2.50%
520.6
AMZN
1 күндік өзгеріс
-1.59%
267.06