USDJPY Analysis – Price Continues to Rally Upward as Momentum Increases USDJPY rally continues as the bullish momentum increases. The buyers gained this position after a bullish engulfing candle near the 109.100 significant key level. The bulls then increased the pressure, and the market continues to rally upward. The price is, however, set to reach […]
USDCHF Price Analysis – September 28 The USDCHF pair is trading higher on Tuesday, with the pair last seen trading around 0.9300, up almost 0.45 percent on the day. After posting strong positive momentum in the US session, the pair is consolidating gains. The USD continued to benefit from rising US bond rates, which acted […]
USD/CHF was into a corrective phase but the pair has found strong support and now is fighting hard trying to rebound. Stil, we need confirmation before taking action, before jumping into a long position. The USD received a helping hand from the New Home Sales indicator which was reported at 740K above 712K expected and […]
USDCHF Price Analysis – September 21 In the early European trading hours on Tuesday, the USDCHF pair is trading down. The pair dropped on a corrective pullback after touching monthly highs above 0.9300. It is currently trading at 0.9248, down 0.32 percent on the day. On the other note, despite a drop in risk appetite, […]
USDCHF Price Analysis – September 14 During the early Tuesday session, the USDCHF pair retreated lower but overall has continued to main the prior day’s advance beyond the 0.9200 psychological level. The risk-on scenario harmed the safe-haven CHF, although it stayed resilient despite the rising USD. Key LevelsResistance Levels: 0.9375, 0.9304, 0.9240Support Levels: 0.9200, 0.9150, […]
USDCHF Price Analysis – September 7 On Tuesday, the USDCHF volatility eventually settles near mid 0.9100. The pair is ranging in its movement within a relatively narrow trade area after recording a high at 0.9168 on Monday. The Swiss Franc strengthens due to its safe-haven appeal, while recent US job data is scrutinized. Key LevelsResistance […]
USD/CHF rallied in the last hours and now it stands at 0.9178 level below 0.9185 today’s high. It has increased as the Dollar Index has managed to rebound. Surprisingly or not, USD increases even if the US data has disappointed earlier. The US Prelim GDP increased only by 6.6% below 6.7% expected. Also, the Unemployment […]
USDCHF Price Analysis – August 24 During Tuesday’s European trading hours, the USDCHF maintain its decline and struck a low of 0.9117 after sliding from the prior day’s high of approximately 0.9178. Amid concerns about the coronavirus and a resurgence in the global economy, the Swiss franc gains on its safe-haven status. At the time […]
USDCHF Price Analysis – August 10 During the early European session, the USDCHF pair remained bid and was last seen hanging near two-week highs, around 0.9170 – 0.9220 levels. The pair’s upward trajectory is fueled by the greenback’s rise. With 0.08 percent gains, the USDCHF held over 0.9200 levels. Key LevelsResistance Levels: 0.9472, 0.9375, 0.9275Support […]
