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EUR/USD
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Euro Forecast: EUR/USD Outlook Improves, What to Expect From ECB Meeting
2021-04-18 00:00:00
EUR Q2 2021 Fundamental Forecast
2021-04-16 08:30:00
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Crude Oil Price Rise May Stall as Supply Swell Swamps Demand
2021-04-16 07:02:00
Crude Oil Price Outlook: Fresh Highs in Focus Post-Breakout
2021-04-15 22:15:00
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Dow Jones May Aim Higher, Backed by Earnings and Robust Data
2021-04-18 12:00:00
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2021-04-17 11:00:00
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Gold Weekly Forecast: More Upside Likely - Can it Be Sustained?
2021-04-17 20:00:00
Gold Price Forecast – Outlook Growing Increasingly Bullish, What to Watch
2021-04-16 20:00:00
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US Dollar Near-term Technical Setups: USD/CAD, AUD/USD, GBP/USD
2021-04-16 18:38:00
Weekly Fundamental British Pound Forecast: Sterling Seeking Semblance of Stability
2021-04-16 16:30:00
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USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Mar 02, 2021 when USD/JPY traded near 106.76.
2021-04-16 09:23:00
JPY Q2 2021 Technical Forecast
2021-04-16 00:00:00
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FOREX Technical Analysis: USDCHF Responds to 100% Extension

FOREX Technical Analysis: USDCHF Responds to 100% Extension

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

FOREX_Technical_Analysis_USDCHF_Responds_to_100_Extension_body_usdchf.png, FOREX Technical Analysis: USDCHF Responds to 100% Extension

Chart Prepared by Jamie Saettele, CMT

FOREXObservations: The low for the month thus far is day 1 of the month and the USDCHF has traded into channel resistance and the 100% extension of the 9214-9386 rally. The rally from the 10/17 high can be counted as an impulse.

FOREXTrading Strategy Implications: Risk remains higher but today’s large range day could be exhaustive or at least the beginning of an exhaustive sequence. Expect a response at the 38.2% retracement of 9503 if reached.

LEVELS: 9342 9381 9411 9503 9538 9555

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

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