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
Bullish
Oil - US Crude
Bearish
Wall Street
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
Gold
Mixed
GBP/USD
Bullish
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
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.11%, while traders in US 500 are at opposite extremes with 78.77%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/iDDH4lPCbr
  • New Zealand: PM Ardern announces limit for social gatherings will increase to 100 people effective May 29 and will consider moving to Alert Level 1 no later than June 22.
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.13% 🇬🇧GBP: 0.11% 🇳🇿NZD: 0.02% 🇯🇵JPY: -0.08% 🇨🇭CHF: -0.08% 🇪🇺EUR: -0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/keYyC5HU2W
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.70% France 40: 0.59% US 500: 0.48% Wall Street: 0.47% FTSE 100: 0.45% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/xOwZKCllxo
  • The British Pound has depreciated against all of its major counterparts so far in May, and the weakness may persist as GBP/USD takes out the April low (1.2164). Get your $GBPUSD technical analysis from @DavidJSong here: https://t.co/y1EYdCA1W3 https://t.co/2ZNDE4Gucx
  • Japan: Finance Minister Aso says that jobless rate is expected to go up a little in May while speaking in parliament and states that the bottom hasn't fallen out of the economy. - BBG
  • LIVE NOW: In this session, Currency Analyst @ZabelinDimitri will analyze the cross-asset impact of geopolitical risks affecting markets in the week ahead. https://www.dailyfx.com/webinars/146770987
  • Wall Street Futures Update: S&P 500: +0.32% Dow Jones: +0.35% NASDAQ 100: +0.38% (delayed) - BBG
  • LIVE IN 30 MIN: : In this session, Currency Analyst @ZabelinDimitri will analyze the cross-asset impact of geopolitical risks affecting markets in the week ahead. https://www.dailyfx.com/webinars/146770987
  • Join @ZabelinDimitri 's #webinar at 11:30 PM ET/3:30 AM GMT to find out how geopolitical risk will affect the markets in the week ahead. Register here: https://t.co/hsULxMNOtM https://t.co/9PL0a6oCMD
USD/CHF Trades to 20 Day Average

USD/CHF Trades to 20 Day Average

2013-02-11 23:12:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, USD/CHF Trades to 20 Day Average

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

FOREXAnalysis: “The USDCHF has been a nightmare so far in 2013. After rallying sharply for most of January, price plunged last week and actually ended the month lower. Price has entered a critical zone defined by the February, April and May 2012 lows.” Price has penetrated and closed above the internal trendline that extends off of the July and November highs. This line was resistance on January 4th.

FOREXTrading Strategy: It’s tough to trust the USDCHF right now…flat.

LEVELS: 9021 9115 9150 9221 9274 9388

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

DISCLOSURES

News & Analysis at your fingertips.