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EUR/CHF settles above 1.2080, next stop at 1.2100?

FXStreet (Moscow) - EUR/CHF is off the Asian high at 1.2089, though still in the green zone on the day; the cross is trading at 1.2087 after having opened at 1.2084

The higher the safer?

EUR/CHF gained 20 pips and finished the day above 1.2080 on Thursday. This is not something to be sneezed when it comes to EUR/CHF. The cross has spent too much time in a depressingly narrow range and now trying to drill it way higher. Markets seem to be scared by gossips about SNB’s interventions, but the cross needs to break above 1.2100 for the upside to gain traction. The support is seen at 1.2080 and followed by 1.2060.


What are today’s key EUR/CHF levels?

Today's central pivot point can be found at 1.2067, with support below at 1.2052, 1.2036 and 1.2021 with resistance above at 1.2083, 1.2096 and 1.2114. Hourly Moving Averages are mixed, with the 200SMA bullish at 1.2073 and the daily 20EMA flat at 1.2078. Hourly RSI is bullish at 62

EUR/JPY rushes higher, off Asian low at 137.29

EUR/JPY is regaining ground as the cross started the trading session in Asia at 137.36 and climbed to intraday high at 137.89; currently it is trading at 137.73
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