EURCHF Forecast and Live Chart

The Euro/Swiss Franc currency pair (also referred to as EURCHF and EUR/CHF) is one of the most actively traded minor pairs in the world.  In this article, we will examine how EURCHF is performing.

EURCHF Key Stats

  • 2021 high: 1.1151
  • 2021 low: 1.0326
  • YTD high: 1.0611
  • YTD low: 0.9971
  • YTD % change: -2.39%

EURCHF Forecast

EURCHF june 2022

Given the current downtrend and economic instability, it is hard to bet against a further move lower in the mid-term. However, the ECB has signalled that rate rises are ahead, which could provide a near-term bounce off the lows. Nevertheless, we see the price in the mid-term moving towards 1.0000. However, given the potential near-term headwinds, a move back above 1.0200 will invalidate the move.

EURCHF Fundamental Analysis

Fundamental analysis is a great tool to help traders confirm a directional bias. Macroeconomic and geopolitical events will usually dictate the movement of currencies over the long term. Economic activity such as unemployment, consumer spending, retail sales, GDP, inflation, and much more will impact how a currency moves. Therefore, it is essential to understand the current factors influencing the EURCHF to determine its direction.

Over recent months, the euro has been a heavy talking point, with the ECB’s decisions causing much debate. Its interest rates have been unchanged throughout Covid, but the anticipation has grown for the ECB to raise interest rates by 25 basis points in July. In addition, ECB President Christine Lagarde said they are ready to ‘move faster’ on rates if needed. The expected EBC rate rise will be the first in over a decade due to soaring inflation.

The Swiss franc is considered a stable currency across the global economy. Due to its political and financial stability and its low-interest rates, it has been a desirable currency for investment, especially during times of worry in the global economy. Moreover, the Swiss Central Bank is known to take measures to control the currency’s value. The Swiss National Bank recently raised its interest rate for the first time in 15 years as it tightened its monetary policy to restrain inflation.


Related Articles


EURCHF Technical Anlysis

Support Levels

  • 1.0068
  • 1.0000

Resistance Levels:

  • 1.0331
  • 1.0509
  • 1.0609

Looking into the EURCHF technical analysis, we can see some key support levels, although the pair is currently at extreme lows. Level 1.0091 is the closest level to its current price and has been tested multiple times over recent months. Next is level 1.0068, which again has faced tests over recent months and remained strong. Finally, we have 1.0000 which is a key psychological level, and 0.9783, the lowest of the levels, which hasn’t been tested since 2015. The recent downtrend suggests 1.0000 could soon see some action.

As for resistance levels, first, we have 1.0331. This level looks strong both on a daily and weekly chart and has worked as both a support and resistance level in the past. Next, level 1.0509 looks impressive across the weekly chart. Price was unable to break in 2020 and has tested the level twice this year but has yet to break. Furthermore, level 1.0609 has also acted as a key resistance level and may be important if we see a bullish run across the currency pair.

Trade EURCHF with our top brokers

Broker Features Regulator Platforms Next Step
Number One Broker tickmill_logo-173% of retail CFD accounts lose money Founded: 2014
73% of retail C...
  • Well regulated
  • Ultra-fast and high leverage trading
  • Spreads as low as 0.0 pips
  • Comprehensive research tools
  • Relatively limited number of markets
  • Does not accept US traders
FSA SC MT4, MT5
Blackbull LogoYour capital is at risk Founded: 2014
  • User-friendly platform with great trade-analysis tools
  • Leverage Up To 1:500
  • Spreads as low as 0.00 pips
  • Quality trade execution thanks to high-spec IT infrastructure
  • $0 minimum account opening balance
  • 26,000 tradeable instruments
  • Not available in all jurisdictions
  • Regulatory infrastructure
FSPR MT4
Your capital is at risk Founded: 2006
Europe* CFDs ar...
  • Multi-asset broker offering a wide variety of markets
  • Strong regulatory framework
  • Innovative risk management tools
  • Choice of market-leading platforms
  • Wide spreads on some markets
  • Expiry date on Demo Accounts
ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
Between 74-89% of CFD traders lose Founded: 2010
Between 74-89 % of retail investor accounts lose money when trading CFDs
  • Low trading costs
  • Great market flow
  • Research and analysis which helps spot trades
  • Wide range of Copy and Social Trading options
  • Limited range of non-forex markets
ASIC, FCA MetaTrader 4, MetaTrader 5, cTrader
eToro Logo77% of CFD traders lose Founded: 2007
77 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
  • Social and Copy Trading Platform
  • Beginner Friendly
  • Risk-free Demo Account
  • Top-tier regulation
  • Limited means of raising queries
  • Withdrawal process isn’t really ‘client-focused’
ASIC, CySEC, FCA eToro Platform
XM LogoYour capital is at risk Founded: 2009, 2015, 2017
  • Low minimum deposit
  • Super- tight bid-offer spreads
  • Impressive trading platforms
  • Tier-1 regulators
  • Difficult to contact tech support
  • No Crypto
ASIC, CySEC, IFSC MT4 Terminal, MT4 for Mac, Web Trader, iPhone/iPad Trader, Droid Trader, Mobile Trader, MT5
FxPro LogoYour capital is at risk Founded: 2006
  • Very well regulated
  • Comprehensive education section
  • Fantastic customer service
  • No cryptocurrencies
  • Fees could be more competetive
CySEC, DFSA, FCA, FSB, SIA MetaTrader4, MetaTrader5, cTrader, FxPro Edge (Beta)