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
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
Mixed
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
Gold
Mixed
Oil - US Crude
Bearish
Bitcoin
Bearish
More View more
Real Time News
  • Join our analysts for trading education and for live coverage of all major economic data at the DailyFX Webinars. https://www.dailyfx.com/webinars?re-author=Cottle?utm_source=Twitter&utm_medium=Cottle&utm_campaign=twr
  • Have you been catching on your @DailyFX #podcast "Global Markets Decoded"? Catch up on them now, before new episodes release! https://t.co/mk1w1DM2Rh https://t.co/awmMJUqtvl
  • JPY Japan Oct Convenience Store Sales YY Actual: 1.8% Previous: -1.1%
  • EUR Germany OCT PPI MM Actual: -0.2% Forecast: 0.0% Previous: 0.1% YY Actual: -0.6% Forecast: -0.4% Previous: -0.1%
  • European Opening Calls From IG #FTSE 7309 -0.20% #DAX 13164 -0.43% #CAC 5891 -0.30% #AEX 595 -0.32% #MIB 23275 -0.23% #IBEX 9232 -0.29% #STOXX 3686 -0.29%
  • Why should you set trading goals? How can it help regardless of what your #tradingstyle is? Find out: https://t.co/AYdD7ODlv1 https://t.co/IEwlO8cOoX
  • My trade video for today: 'Dow Slide Reflects Trade Headlines, #Dollar Watch for Monetary Policy Cues' https://www.dailyfx.com/forex/video/daily_news_report/2019/11/20/Dow-Slide-Reflects-Trade-Headlines-Dollar-Watch-for-Monetary-Policy-Cues.html?CHID=9&QPID=917719 https://t.co/vxAKKXX6Ga
  • ECB's Lane: Lower debt cost should be used to cut debt, Euro-Area banks can diversify sovereign bond holdings -BBG #ECB $EURUSD
  • ECB Board Member Nathan Lane: We do not see a recession in the Euro Area, ECB is not at limit of monetary policy -BBG $EURUSD #ECB
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.94%, while traders in US 500 are at opposite extremes with 80.01%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/wVYTwsiWft
USD/CHF Follows Through on Reversal Day

USD/CHF Follows Through on Reversal Day

2016-04-14 18:22:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USD/CHF Follows Through on Reversal Day

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-USD/CHF is exceptionally quiet at the moment but its time will come. As noted in recent updates, “the next big support may not be until near .9400 (longer term internal trendline). The contracting nature of the decline since November indicates potential for a wedge to form. The underside of the recently broken 8 month trendline and recent lows are estimated resistance at .9661.

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.