EURCHF Analysis

Introduction

The EUR/CHF is often influenced by the monetary policies of the European Central Bank (ECB) and the Swiss National Bank (SNB). The Swiss Franc is considered a safe-haven currency, and the pair can be volatile during periods of European financial uncertainty or when there are concerns about the Eurozone’s economic stability.

Fundamentals and Interest Rates

The European Central Bank policy is Dovish with the (ECB) current Interest rate 2.15%. Latest change was Jun 05, 2025 (-25bp)%.
On that side the Swiss National Bank policy is Dovish and (SNB) has set its interest rate to 0% by latest change, Jun 19, 2025 (-25bp).
(ECB) Higher interest rates generally lead to higher returns on investments denominated in EUR. This tends to attract foreign capital into EUR assets.

Based on the economic and macro fundamental data, The Fundamental Bias of EUR is Moderate Bullish and for the CHF is Moderate Bearish.
Ziwox considering Moderate Bullish bias for this asset and we anticipate long-term price increases.
Our Ziwox A, mid-term Fundamental Score for EUR is -4. So, base on the Fundamental Score, we predict mid-term downside price movement.

Market Overview & Performance

In the current trading session, "London", Market risk sentiment is Classic Risk-ON. The Australian dollar and New Zealand Dollar recorded the strongest performance, while the Gold and Yen are weakest so far.

Currencies performance vs US dollar "USD"
Gold "XAU", recorded a -0.41% decrease against us dollar.
Euro "EUR", performance has been 0.1% up so far
Pond "GBP", performance has been -0.24% down as of now
Australian dollar "AUD", has risen by 0.7%
New Zealand dollar "NZD", has risen by 0.27%
Japanese YEN "JPY", experienced -0.38% fall
Swiss franc "CHF", experienced 0.06% rise so far
Canadian dollar "CAD", has gained 0.12%
Market risk sentiment is ON, This means Investors embrace risk, driving demand for riskier assets and higher-yielding currencies while safe-haven assets weaken.

Market Sentiment and Positioning

EUR COT (Commitments of Traders):

Institutions Net Position on >Euro is 107537 included 224979 long, 117442 short and -3598 position changed from last week.
So they mainly have a bullish view on this asset and bought EUR for higher prices in long-term.
Last week -3598 repositioning Indicates closing positions, short-term profit-taking, or a general pessimism about prices.

CHF COT (Commitments of Traders):

Institutions Net Position on >Swiss Franc is -23853 included 7100 long, 30953 short and -2909 position changed from last week.
So they mainly have a bearish view on this asset and sold CHF for lower prices in long-term.
Last week -2909 repositioning Indicates more sell positions and price pressure in short-term.

Retail Traders:

Crowd traders or Retail traders are bullish on the EURCHF with 64% 36% ratio. 3573 long pos and 1833 short position.
We generally adopt a contrarian approach towards crowd sentiment and we give probability EURCHF prices may decrease.

Technical Levels and Support/Resistance

The EURCHF pair is approaching a critical technical support level near 0.92825.
Technical trend is BUY, If the pair continues to weaken, this support could become a good area to enter a long positions.
On the upside, there is key resistance near 0.94102. Technically, A break above this resistance could signal a shift in momentum, but need to get a confirmation in this area due to the reversal or correction potential.