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
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
USD/JPY
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
Gold
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
Bitcoin
Mixed
More View more
Real Time News
  • Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.61% 🇨🇦CAD: 0.19% 🇳🇿NZD: 0.13% 🇪🇺EUR: 0.05% 🇯🇵JPY: -0.09% 🇨🇭CHF: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/s3MLiKuPZs
  • Heads Up:🇨🇦 CAD Consumer Price Index (YoY) (DEC) due at 13:30 GMT (15min), Actual: N/A Expected: 2.3% Previous: 2.2% https://www.dailyfx.com/economic-calendar#2020-01-22
  • Heads Up:🇨🇦 CAD Consumer Price Index n.s.a. (MoM) (DEC) due at 13:30 GMT (15min), Actual: N/A Expected: 0.0% Previous: -0.1% https://www.dailyfx.com/economic-calendar#2020-01-22
  • Heads Up:🇨🇦 CAD New Housing Price Index (YoY) (DEC) due at 13:30 GMT (15min), Actual: N/A Expected: N/A Previous: 0.0% https://www.dailyfx.com/economic-calendar#2020-01-22
  • Potentially important move higher here in $GBPUSD, perhaps prompted by positive CBI business optimism data. Here's what I wrote earlier about the significance of such a trendline break https://www.dailyfx.com/forex/market_alert/2020/01/22/British-Pound-GBP-Latest-GBPUSD-Testing-Resistance.html?CHID=9&QPID=917711 https://t.co/QAJeoUIOhB
  • Tune in to @PeterHanksFX 's #webinar at 9:00 AM ET/2:00 PM GMT as he discusses top levels to watch on #DAX, #DOW & more. Register here: https://t.co/Rwbt9avERj https://t.co/LAfrVxEqoy
  • How can traders avoid #FOMO in trading? Start by implementing a well-heeled plan taking only four hours per week. Get your insight from @JStanleyFX here: https://t.co/vwUShQPc27 #tradingstyle https://t.co/gu80CkWwDS
  • Join @CVecchioFX's #webinar at 8:45 AM ET/ 1:45 PM GMT for live data coverage on the #BoC rate decision. Register here: https://t.co/3JEIoXOOLn https://t.co/L3mybTlACk
  • $GBPUSD Cable right back to 3117 https://t.co/l6K8QP871u
  • 6-3 Unchanged..... Vlieghe to join doves.... BoE to wait for hard data post GE. Also, fiscal stimulus will be coming https://t.co/ZNmq5hxhtM
USD/CHF Classical 03.22

USD/CHF Classical 03.22

2011-03-22 06:11:00
Joel Kruger, Technical Strategist
Share:
USDCHF_Classical_body_swiss1.png, USD/CHF Classical 03.22

USD/CHF: The latest break to fresh record lows below 0.9000 (0.8910) is certainly concerning and threatens our longer-term recovery outlook. Still, we do not see setbacks extending much further and continue to favor the formation of some form of a material base over the coming weeks for an eventual break back above parity. Look for an initial break and close back above 0.9100 to relieve immediate downside pressure, while back above 0.9370 will officially confirm reversal prospects and accelerate gains. Only a break and weekly close below the recent record spike lows at 0.8910 ultimately delays outlook.

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 jskruger@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.