EUR/CHF price analysis: The torque maintains a bullish tone with minor earnings on Wednesday

• The EUR/CHF quotes near the 0.9400 area, maintaining a bullish tone with small profits.
• The momentum is mixed, with short -term averages supporting the rise despite some contradictory signals.
• The key support is about 0.9400, with resistance around 0.9430 and 0.9440.

The EUR/CHF torque is quoting around the 0.9400 area on Wednesday, reflecting a slightly bullish tone with small profits while the torque remains within the average range of its recent fluctuation. The broader technical configuration suggests a cautionly positive perspective, backed by a mixture of bullish and neutral signals, while operators evaluate the feeling of the market in general.

From a technical perspective, the relative force index (RSI) is located in the 50s, reflecting neutral conditions, while the convergence/divergence indicator of mobile socks (MACD) indicates an ongoing purchase momentum. Meanwhile, the Bull Bear Power trades around level 0, pointing out a balanced but slightly favorable tone. Confirming even more this neutral posture, the ultimate oscillator (7, 14, 28) remains in the 50s, while stock %K (14, 3, 3) is found in the 60s, reinforcing the mixed momentum.

The mobile socks have a similar image, with the simple mobile average (SMA) of 10 days and the 10 -day exponential mobile average (EMA) aligning with the broader feeling of purchase. However, the 100 -day SMA introduces a more cautious tone, pointing out a possible resistance ahead, in contrast to the support signs of the SMA of 20 days and 200 days.

The immediate support is identified around 0.9407, followed by deeper levels at 0.9400 and 0.9394. On the positive side, resistance is expected about 0.9425, with stronger barriers at 0.9434 and 0.9441, potentially limiting short -term profits.

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