USDCHF Price Analysis – August 3 Following last week’s decline, the USDCHF is deepening its downward bias on Tuesday. The currency pair is currently trading at 0.9030, down 0.28 percent on the day. The Swiss franc has maintained its safe-haven status despite market volatility. The Consumer Price Index (CPI) in Switzerland grew to 0.7 percent […]
USDCHF Price Analysis – July 20 On Tuesday the USDCHF remains bid above the mid 0.9100 up 0.23 percent at 0.9195 intraday high. In the short term, the momentum indicators paint a positive picture for the pair. When measured by the US Dollar Index (DXY), the greenback continues to recover strengthening the overall structure of […]
USDCHF Price Analysis – July 8 In the early trading hours, the US dollar’s plunge halts the USDCHF advance around 0.9264. The pair trades with a downside price action plunging to as low as 0.9173. USDCHF is currently trading at 0.9178, down 0.85 percent on the day. Investors accepted the Fed’s dovish stance and lower […]
USD/CHF plunged today as the DXY registered an aggressive sell-off. The pair has reached strong resistance, so DXY’s drop signaled a potential correction on this pair. The US Dollar Index has shown some overbought signs in the short term. Its bearish divergence signaled that it could slip lower again. It seems that the USD bulls […]
USD/CHF drops right now as the DXY is trading in the red. Still, the decline could be only a temporary one. The price action has developed a potential upside continuation pattern. The rate has escaped from this pattern, but we still need confirmation before going long. The USD could take the lead again if the […]
USD/CHF is trading in the red on the H4 chart and it could drop deeper if the US data will disappoint later today. The pair drops as the DXY has resumed its temporary decline. The US Dollar Index moves down within a down channel. The US is to release its Flash Manufacturing PMI and the […]
USDCHF Price Analysis – June 15 In lackluster trading during Tuesday’s European session, the USDCHF eases to 0.8965 low, down 0.10 percent intraday. The US Dollar Index (DXY), which measures the greenback, adds to the minor losses witnessed, as USDCHF slides back to the mid-0.8900 range on Tuesday, reflecting the sluggish market action. Key LevelsResistance […]
USDCHF Price Analysis – May 25 USDCHF pair is still on track for daily losses. It is currently trading at 0.8955, down 0.17 percent on the day. For the time being, the pair tends to rangebound at the moment. As risk flows dominate the markets, the US Dollar Index continues to fall. If the price […]
USDCHF Price Analysis – May 18 Early in the European session, the USDCHF pair slips beneath 0.8998 to multi-month lows, with sellers now looking to expand the downward trend below the 0.8950 low level. The decline was fueled solely by sustained US dollar sellers, as Investors’ risk aversion boosts demand for safe-haven Franc. Key LevelsResistance […]
