EUR/CHF FORECAST FUNDAMENTAL ANALYSIS | SHORT TREND SETUP 🔔

7 Jun 2021

German Factory Orders for April are predicted to increase 1.0% monthly. Forex traders can compare this to German Factory Orders for March, which increased 3.0% monthly. Spanish Industrial Production for April is predicted to increase by 12.6% annualized. Forex traders can compare this to Spanish Industrial Production for March, which increased 12.4% annualized. Eurozone Sentix Investor Confidence for June is predicted at 26.0. Forex traders can compare this to Eurozone Sentix Investor Confidence for May, reported at 21.0.

The Swiss CPI for May is predicted to increase 0.3% monthly and 0.6% annualized. Forex traders can compare this to the Swiss CPI for April, which increased 0.2% monthly and 0.3% annualized.

The forecast for the EUR/CHF remains bearish with rising inflation and a weaker-than-expected global economy combining for a turbulent summer. Interest rates may rise sooner than communicated by many central banks, adding to the debt problem.

Can bulls extend the sell-off in the EUR/CHF and force it into its horizontal support area?


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Have a Good Day Trading !

10 Jun 2021

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