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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
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
Oil - US Crude
Bearish
Wall Street
Bullish
Gold
Bearish
GBP/USD
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
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
More View more
Real Time News
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.14% 🇦🇺AUD: 0.13% 🇪🇺EUR: 0.12% 🇨🇦CAD: -0.14% 🇳🇿NZD: -0.26% 🇬🇧GBP: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/KPHaMJYWSR
  • Coming up in half an hour. Do join me if you're free... https://t.co/tWtUtwwcwl
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.35% US 500: 0.34% FTSE 100: -0.51% Germany 30: -1.56% France 40: -1.59% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/xXvjSjlt9p
  • Last week, USD/CAD reversed from an over two-week low and pointed higher. Will today’s US inflation numbers (13:30UK) boost the pair’s rally? #USD/CAD, #USinflation, #USD https://t.co/c0BVB3drY6
  • Join @MartinSEssex 's #webinar at 6:30 AM ET/10:30 AM GMT to learn more about trading #sentiment Register here: https://t.co/XUUPRefAXX https://t.co/JDikSRdPyY
  • There are many different types of forex orders, which traders use to manage their trades. While these may vary between different brokers, there tends to be several basic FX order types all brokers accept. Learn about different FX order types here: https://t.co/lIJdiz4xSz https://t.co/H8mFeHAyDS
  • 💶 Industrial Production YoY (MAY) Actual: -20.9% Expected: -20% Previous: -28.7% https://www.dailyfx.com/economic-calendar#2020-07-14
  • 💶 ZEW Economic Sentiment Index (JUL) Actual: 59.6 Previous: 58.6 https://www.dailyfx.com/economic-calendar#2020-07-14
  • 🇩🇪 ZEW Current Conditions (JUL) Actual: -80.9 Expected: -65 Previous: -83.1 https://www.dailyfx.com/economic-calendar#2020-07-14
  • 🇩🇪 ZEW Economic Sentiment Index (JUL) Actual: 59.3 Expected: 60 Previous: 63.4 https://www.dailyfx.com/economic-calendar#2020-07-14
Dollar Franc Objective Remains 8820

Dollar Franc Objective Remains 8820

2012-02-28 23:20:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, Dollar Franc Objective Remains 8820

Prepared by Jamie Saettele, CMT

USDCHF focus remains towards the 100% extension of the 9595-9114 decline at 8820 (the rally to 9300 is viewed as a flat correction…the same as the EURUSD decline to 12974). The 200 day average at 8765 is worth a mention as potentially strong support as well. Exceeding 9011 would at least delay the bearish bias and shift focus to 9090.

Bottom Line – Lower

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

DISCLOSURES

News & Analysis at your fingertips.