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EUR/USD
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GBP/USD, EUR/USD remain bearish, USD/JPY bullish as US dollar rises for tenth consecutive week
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Japanese Yen Weakens Again, Markets Watchful For BoJ Intervention
2023-09-25 11:00:00
GBP/USD, EUR/USD remain bearish, USD/JPY bullish as US dollar rises for tenth consecutive week
2023-09-25 09:30:34
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USD/CHF 9 Year Trendline Near 1.0180

USD/CHF 9 Year Trendline Near 1.0180

Jamie Saettele, CMT, Sr. Technical Strategist

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Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-An upper parallel and long term trendline are possible resistance near 1.0180 before the January high. Very short term action (since 3/12) may compose a triangle. The implication is that USDCHF thrusts above 1.0128 and then reverses.

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

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USD/CHF
Bullish
Clock icon 45m
Last updated: Sep 26, 2023