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 tahlili: Moliyaviy bozor yangiliklari, iqtisodiy kalendar va bozor tahlillari

"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.)

JONLI KOTIROVKALAR

Nomi / Simvol
Grafik
% O‘zgarish / Narx
NVDA
1 kunlik o‘zgarish
-8.66%
161.5
ON
1 kunlik o‘zgarish
+0%
0
MSFT
1 kunlik o‘zgarish
-2.32%
521.55
AMZN
1 kunlik o‘zgarish
-1.91%
266.2