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
Bullish
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
Bearish
Gold
Bullish
GBP/USD
Bearish
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
USD/JPY
Mixed
More View more
Real Time News
  • *BREAKING: Turkish Central Bank regains independence $TRY https://t.co/HwvrRtf08F
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here: https://t.co/38gTDn8ejP https://t.co/ZcLzt2QlSZ
  • Heads Up:🇬🇧 Winter Economy Plan due at 11:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-24
  • 🇲🇽 Mid-month Inflation Rate YoY (SEP) Actual: 4.1% Expected: 4.05% Previous: 3.99% https://www.dailyfx.com/economic-calendar#2020-09-24
  • 🇲🇽 Mid-month Inflation Rate MoM (SEP) Actual: 0.16% Expected: 0.12% Previous: 0.24% https://www.dailyfx.com/economic-calendar#2020-09-24
  • Chinese Yuan to garner attention amid the FTSE Russell review of Chinese bonds - Expectations are for Chinese bonds to be included in the WGBI - Last month had been the 21st consecutive month of foreign investors increasing exposure to Chinese bonds #CNH
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.76%, while traders in EUR/GBP are at opposite extremes with 66.47%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/TuU1FF6X7g
  • Heads Up:🇵🇱 Monetary Policy Meeting Minutes due at 11:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-24
  • Heads Up:🇲🇽 Mid-month Inflation Rate YoY (SEP) due at 11:00 GMT (15min) Expected: 4.05% Previous: 3.99% https://www.dailyfx.com/economic-calendar#2020-09-24
  • Heads Up:🇲🇽 Mid-month Inflation Rate MoM (SEP) due at 11:00 GMT (15min) Expected: 0.12% Previous: 0.24% https://www.dailyfx.com/economic-calendar#2020-09-24
USD/CHF - .9996-1.0019 is Well-Defined for Resistance

USD/CHF - .9996-1.0019 is Well-Defined for Resistance

2017-03-28 19:56:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USD/CHF - .9996-1.0019 is Well-Defined for Resistance

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

Real Time Positioning

-The last USD/CHF update noted that “trend is lower towards the 6 year trendline…risk remains for lower levels as per the drop under .9964 (watch that level for resistance).” .9964 may still provide resistance BUT .9996-1.0019 is huge. This zone is defined by former lows and the 55 and 20 day averages.

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

DISCLOSURES