We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Mixed
More View more
Real Time News
  • Housing data may be more heavily scrutinized in 2020 as softer global growth places more stress on the consumer to keep the American economy afloat. Get your market update from @ZabelinDimitri here: https://t.co/ms4EGbJ1WF https://t.co/C6Ktg3F9oW
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.76%, while traders in USD/CAD are at opposite extremes with 67.78%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Hsk9W0ixNu
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Gold: 2.48% Silver: 1.70% Oil - US Crude: -3.85% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/lv48SWJhlR
  • EUR/USD Eyes Correcting Higher, Watch This Price – Euro vs US Dollar Outlook More details in the link below: https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2020/02/24/EURUSD-Eyes-Correcting-Higher-Watch-This-Price-Euro-vs-US-Dollar-Outlook-MK.html?CHID=9&QPID=917714 https://t.co/i9WmlG9Tqz
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.29% 🇨🇭CHF: -0.23% 🇪🇺EUR: -0.27% 🇬🇧GBP: -0.50% 🇳🇿NZD: -0.54% 🇨🇦CAD: -0.55% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/J6Nehg0Jue
  • Indices Update: As of 11:00, these are your best and worst performers based on the London trading schedule: US 500: -2.70% Wall Street: -2.78% Germany 30: -3.64% France 40: -3.74% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/AEmugA7rWD
  • Angela Merkel's party are to hold a special convention on April 25th to pick a leader $EUR
  • RT @ABartonMacro: 🇰🇷📉 Monday's Korean equity flows, per Yonhap 👇🏻 - Foreigners dumped a net KRW782bn - Domestic Institutions bought a net K…
  • Myth or fact? One thing is for sure, there are a lot of misconceptions about trading. Knowing the difference between common trading myths and the reality is essential to long-term success. Find out about these 'myths' here: https://t.co/EDvQdHfIPm https://t.co/UGggGxOjEC
  • US Treasury Secretary Mnuchin says does not expect a material impact of coronavirus outbreak on Phase 1 US-China trade deal
Swiss Franc Spikes to 8900

Swiss Franc Spikes to 8900

2011-03-17 13:04:00
Jsaettele,
Share:

Daily Bars

eliottWaves_usd-chf_2_body_usdchf.png, Swiss Franc Spikes to 8900

Prepared by Jamie Saettele

The USDCHF plunged following yesterday’s US session and reversed right at 8900. I am not advocating a long but I wouldn’t be short here either. Like the USDJPY, such panic moves often mark important lows. A triangle measurement places an objective at 8800 (161.8% extension).

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.