Created
: 2025.08.29
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
EUR/CHF pulls back after resistance rejection - Société Générale
World FX news
Breaking news
EUR/CHF pulls back after resistance rejection - Société Générale
New
2025.08.29 19:59
2025.08.29 19:59
2025.08.29 19:59
EUR/CHF failed to break above 0.9445 and slipped back below its 200-DMA, with the pullback now eyeing 0.9280/0.9260. A deeper decline towards last year's trough at 0.9210 cannot be ruled out, Société Générale's FX analysts note.
Downside risks mount for EUR/CHF
"EUR/CHF was unable to cross the key resistance at 0.9445 representing the upper boundary of its recent range earlier this month. This failure has resulted in a short-term pullback. The pair has also struggled to maintain above the 200-DMA."
"Flattish slope of the MA reflects a lack of clear directional momentum. The ongoing pullback could extend in the near term towards 0.9280 and the recent pivot low at 0.9260. Should the decline deepen, the previous year's trough at 0.9210 may serve as a significant support level."
Last updated
: 2025.08.29
Related articles
USD/CHF slides to one-month low as resilient US data fails to lift Greenback
21 minutes agoGBP/USD consolidates above 1.3450 with muted reaction to US inflation data
2025.08.29 22:38Canadian economy contracts by 1.6% in the second quarter
2025.08.29 22:26EUR/USD steadies above 1.1660 as US PCE data matches expectations
2025.08.29 22:21EUR/CHF Price Forecast: Euro steadies below 100-day EMA, eyes 0.9400 hurdle
2025.08.29 21:33USD/CAD steady near 1.3750 as traders await US PCE inflation and Canada GDP
2025.08.29 20:54
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
USD/CHF slides to one-month low as resilient US data fails to lift Greenback
The Swiss Franc (CHF) extends its rally for the fourth consecutive day on Friday, with USD/CHF slipping toward the 0.8000 psychological mark near fresh one-month lows, pressured by a broadly weaker US Dollar (USD) despite resilient US inflation and spending data.
New
2025.08.30 00:35GBP/USD consolidates above 1.3450 with muted reaction to US inflation data
The British Pound (GBP) trades under pressure against the US Dollar (USD) on Friday, snapping a three-day winning streak as the Greenback holds firm.
New
2025.08.29 22:38Canadian economy contracts by 1.6% in the second quarter
Canada's real Gross Domestic Product (GDP) declined by 0.4% on a quarterly basis in the second quarter, Statistics Canada reported on Friday. This print followed the 0.5% growth recorded in the first quarter.
New
2025.08.29 22:26EUR/USD steadies above 1.1660 as US PCE data matches expectations
The Euro (EUR) is trading under pressure against the US Dollar (USD) on Friday, edging lower in early dealings before steadying around 1.1660 after the US July Personal Consumption Expenditures (PCE) inflation report came broadly in line with expectations.
New
2025.08.29 22:21EUR/CHF Price Forecast: Euro steadies below 100-day EMA, eyes 0.9400 hurdle
The EUR/CHF attracts buyers on Friday, extending gains for a second straight day after a three-day decline earlier in the week. The cross is trading near 0.9358 at the start of the American session, holding just below the 100-day Exponential Moving Average (EMA).
New
2025.08.29 21:33USD/CAD steady near 1.3750 as traders await US PCE inflation and Canada GDP
The USD/CAD is virtually unchanged on Friday, trading flat after pausing a three-day losing streak as traders turn cautious ahead of the US Personal Consumption Expenditures (PCE) inflation report and Canada's Gross Domestic Product (GDP), both scheduled for release at 12:30 GMT.
New
2025.08.29 20:54USD/JPY: Markets balance weaker data and supportive spreads - Scotiabank
The Japanese Yen (JPY) is entering Friday's NA session flat from Thursday's close, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.08.29 20:51USD/CNH remains negative - UOB Group
The sharp drop in US Dollar (USD) could test 7.1100 before stabilization can be expected; the next support at 7.1000 is unlikely to come into view.
New
2025.08.29 20:49GBP is weak within range - Scotiabank
The Pound Sterling (GBP) is weak, down 0.4% against the US Dollar (USD) and underperforming all of the G10 currencies as we enter Friday's NA open.
New
2025.08.29 20:47USD/JPY: Outlook is mixed - UOB Group
US Dollar (USD) could edge lower; based on the current momentum, it may not reach the major support at 146.40. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.29 20:45Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
