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
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
GBP/USD
Bearish
USD/JPY
Bullish
Gold
Bullish
Oil - US Crude
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
Bitcoin
Mixed
More View more
Real Time News
  • LIVE IN 30 MIN: In this session, Currency Analyst @ZabelinDimitri will preview the upcoming week's main political themes and discuss their impact on financial markets. https://www.dailyfx.com/webinars/146770987
  • How will the $JPY respond as the Bank of Japan appears to begin walking back from years of assuring the markets that ‘powerful monetary easing’ would be enough to stoke inflation? Get your market update from @DavidCottleFX here:https://t.co/ETZgk4xf5U https://t.co/ArTaaTninN
  • Join @ZabelinDimitri 's #webinar at 11:30 PM ET/4:30 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/dClnkF5vrD
  • LIVE NOW: Join DailyFX Senior Strategist @IlyaSpivak LIVE as he discusses the outlook for the financial markets in the week ahead! https://www.dailyfx.com/webinars/889679267
  • RT @BloombergAsia: China threatens Germany with retaliation if Huawei 5G is banned https://t.co/fNLdzRRCbL
  • EUR/USD Technical Analysis: Euro Flirting with Support Break - https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2019/12/16/EURUSD-Technical-Analysis-Euro-Flirting-with-Support-Break.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #EURUSD #technicalanalysis
  • LIVE IN 30 MIN: Join DailyFX Senior Strategist @IlyaSpivak LIVE as he discusses the outlook for the financial markets in the week ahead! https://www.dailyfx.com/webinars/889679267
  • #AUD had seen a little pressure Monday as investors wondered how much of a real step forward an interim #USChinaTrade agreement is. Still, China's retail sales and industrial data beat forecasts and gave it a lift. https://www.dailyfx.com/forex/market_alert/2019/12/16/Australian-Dollar-Chinese-Economic-Data.html?utm_source=Twitter&utm_medium=Cottle&utm_campaign=twr
  • Tune in to @IlyaSpivak 's #webinar at 10:00 PM ET/3:00 AM GMT for insight on the cross market weekly outlook. Register here: https://t.co/E213bTtq5C https://t.co/1hiYTne4JK
  • The $SGD is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.Get your market update from @ddubrovskyFX here:https://t.co/eWLM9XZs5Y https://t.co/NsEpx2pSqD
USD/CHF Rally Fails at Well-Defined .9990 Level

USD/CHF Rally Fails at Well-Defined .9990 Level

2016-02-23 19:30:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USD/CHF Rally Fails at Well-Defined .9990 Level

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-USD/CHF has been a clean trade of late. A low formed earlier in February near the 200 day average and where the decline from the November high consists of 2 equal legs at .9714. The rally has derailed at former trendline support (also a horizontal level). Check out more on USD/CHF here.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES

News & Analysis at your fingertips.