Skip to Content
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. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
USD/CHF Consolidates around a Long Term Parallel

USD/CHF Consolidates around a Long Term Parallel

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“The election reaction resulted in a test of the trendline and sharp reversal. After all that, Swissie is unchanged on the month (opened November at .9883). What we’re left with is a rectangle consolidation since April. A close above .9944 would trigger a bullish breakout.” Bullish breakout it is. The objective from the breakout is 1.0350. Watch the year open for support near parity.

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