News & Analysis at your fingertips.

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
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
Oil - US Crude
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
Wall Street
Mixed
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Fed's Evans says unemployment rate may drop to 7% in 2020, 5.5% by end of 2021 - BBG
  • Going live for this week's equity market webinar in 10 minutes talking $QQQ outflows, $DAX technical levels and more Join here - https://t.co/nTpoA2moq4
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.19% 🇪🇺EUR: -0.33% 🇨🇦CAD: -0.36% 🇨🇭CHF: -0.39% 🇳🇿NZD: -0.97% 🇦🇺AUD: -0.99% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/suQZHy8zRk
  • Fed Chair Powell: - Economic activity remains well below where it was before the pandemic - Main street loans may not be best for every business - Many of our programs require support of Treasury
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 1.10% France 40: 0.61% Germany 30: 0.39% Wall Street: 0.02% US 500: -0.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/E8WyJ2zpXq
  • Heads Up:🇺🇸 Fed Evans Speech due at 15:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-23
  • 🇺🇸 EIA Cushing Crude Oil Stocks Change (18/SEP) Actual: 0.004M Previous: -0.074M https://www.dailyfx.com/economic-calendar#2020-09-23
  • 🇺🇸 EIA Distillate Stocks Change (18/SEP) Actual: -3.363M Expected: 1.02M Previous: 3.461M https://www.dailyfx.com/economic-calendar#2020-09-23
  • Gold has extended its slide to a third day. This extends its move below 1,900 and looks more convincing as a technical break. The overlay is the S&P 500 which shows typical risk on / risk off labels are not to be taken at face value https://t.co/EMwEbKUWsx
  • GBP/USD dropped through trendline support Tuesday and now faces a further fall to the 200-day moving average at 1.2655. If that fails to hold, more weakness can be expected. Get your $GBPUSD market update from @MartinSEssex here: https://t.co/TNMKgGYzxW https://t.co/gNkicEwGc1
USD/CHF .9580 is a Reaction Level within Range

USD/CHF .9580 is a Reaction Level within Range

2014-10-23 16:57:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USD/CHF .9580 is a Reaction Level within Range

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-After spiking above trendline resistance, USDCHF put in a Monday reversal in an environment that is best described as emotional. Moreover, this area is defended by the 2008 low at .9647.

-USDCHF has traded into median line support and former congestion (.9300-.9430). Start looking higher again. .9580 is resistance within the range. A target level in the event of a new high is .9750.

--Tradingideas are availabletoJ.S. Trade Desk members.

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

DISCLOSURES