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
Bearish
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
Bearish
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
Bearish
More View more
Real Time News
  • Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since Feb 03, 2020 when Germany 30 traded near 12,999.10. A contrarian view of crowd sentiment points to Germany 30 weakness. https://www.dailyfx.com/sentiment https://t.co/kuP6G13JFT
  • France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Oct 03, 2019 when France 40 traded near 5,464.40. A contrarian view of crowd sentiment points to France 40 weakness. https://www.dailyfx.com/sentiment https://t.co/WGVZYX1IKX
  • Current US Treasury Yield Curve inversion https://t.co/UMfyVhuk4a
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Gold: 1.81% Silver: 1.23% Oil - US Crude: -3.90% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/qhKj0AqwkV
  • RT @LiveSquawk: WHO’s Tedros: Increase In #Coronavirus Cases Outside China Is ‘Concerning’ - Virus Has Pandemic Potential, But Is Not A Pa…
  • White House preparing to request emergency spending package from congress to finance Coronavirus response, according to Washington Post
  • $GBPUSD is under modest pressure this morning and looks to make a test for the 1.2900 handle. Get your GBP/USD market update from @JMcQueenFX here: https://t.co/8Ryx7yVmbr https://t.co/TKlBFO3dHm
  • Gold Gap-and-Go Breakout: XAU Fresh Highs as Coronavirus Fear Spreads https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/02/24/Gold-Price-Gap-and-Go-Breakout-XAU-GLD-JS-Fresh-Highs-as-Coronavirus-Fear-Spreads.html $Gold https://t.co/rwoCoxquXk
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.76%, while traders in USD/CAD are at opposite extremes with 70.21%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/xfbR5Xuzhq
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Gold: 1.97% Silver: 1.31% Oil - US Crude: -4.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/iEJ8t7CHAM
USD/CHF Classical 07.23

USD/CHF Classical 07.23

2010-07-23 04:51:00
Joel Kruger, Technical Strategist
Share:

swiss1

USD/CHF: Any hopes of for a recovery have been put on hold with an earlier close above the 10-Day SMA for the fist time in over a month failing to generate any form of bullish momentum. The market has since broken to fresh multi-week lows below 1.0400 and could now be poised for yet another fresh downside extension towards 1.0100-1.0200 over the coming sessions. A break and close back above 1.0550 would be required to take the immediate pressure off of the downside and force a shift in the structure. 

 

Written by Joel Kruger, Technical Currency Strategist for DailyFX.com 
If you wish to receive Joel's reports in a more timely fashion, e-mail 
instructor@dailyfx.com and you will be added to the "distribution" list.

 If you wish to discuss this topic or any other feel free to visit our 
Forum page

 

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

DISCLOSURES

News & Analysis at your fingertips.