EU Banks are rising. This can be seen in the Eurostoxx 600 Banks Index : BLK
Healthier banks indicate that the tensions over the Eurozone are waning.
This is positive for EURCHF
Our chart shows a large bullish divergence (dark black line rising against EURCHF). This means that the downtrend has exhausted.
The CCI is rising. The 200 days moving average is challenged.
We expect a bullish turnaround towards parity
STANCE : LONGhttps://www.tradingview.com/x/ZvLgfgNp/
Healthier banks indicate that the tensions over the Eurozone are waning.
This is positive for EURCHF
Our chart shows a large bullish divergence (dark black line rising against EURCHF). This means that the downtrend has exhausted.
The CCI is rising. The 200 days moving average is challenged.
We expect a bullish turnaround towards parity
STANCE : LONGhttps://www.tradingview.com/x/ZvLgfgNp/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.