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
GBP/USD
Mixed
USD/JPY
Bearish
Gold
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
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
Bullish
More View more
Real Time News
  • RT @IGSquawk: US Opening Calls: #DOW 27241 +0.57% #SPX 3149 +0.63% #NASDAQ 8912 +0.88% #RUSSELL 1584 +0.81% #FANG 3515 +0.39% #IG…
  • Canadian Dollar Price Outlook: Loonie Drop Threatens USD/CAD Breakout https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/02/26/Canadian-Dollar-Price-Outlook-JS-Loonie-Drop-Threatens-USD-CAD-Breakout-US-Dollar-to-Canadian-Dollar-USDCAD.html $USDCAD https://t.co/5zzJRuntjb
  • Have you joined @DailyFX @facebook group yet? Discuss your #forex strategies and brush up on your skills with us here: https://t.co/jtY1G7g8yx https://t.co/U1BFER0tMZ
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.58%, while traders in USD/CAD are at opposite extremes with 70.44%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Gh17w3mzjI
  • Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.09% 🇪🇺EUR: -0.06% 🇨🇦CAD: -0.19% 🇳🇿NZD: -0.41% 🇦🇺AUD: -0.58% 🇬🇧GBP: -0.63% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/F2LdCNZ6Po
  • Heads Up:🇪🇺 EUR ECB President Lagarde Speaks in Wiesbaden, Germany due at 13:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-02-26
  • Currently #ZAR outperforming BRICS peers suggesting positive reception to #BudgetSpeech2020 https://t.co/plC0BZxmQk
  • #BudgetSpeech2020 quick chart showing expenditure in #ZAR (bn) and as a % of total https://t.co/tYhwNdWIY8
  • The $AUD has risen in anticipation of a deal Washington and Beijing. But the Australia-China trade relationship has not suffered much and may even have been helped by China’s spat with the US. Get your market update from @DavidCottleFX here:https://t.co/An7h5X0Zcz https://t.co/aQDY7APzDP
  • 1.0890 proving to be a stubborn area of resistance $EURUSD https://t.co/KNICCimjDk
USD/CHF Classical Technical Report 12.1

USD/CHF Classical Technical Report 12.1

2011-12-01 07:46:00
Joel Kruger, Technical Strategist
Share:
Daily_Classical_USDCHF_body_swiss1.png, USD/CHF Classical Technical Report 12.1

USD/CHF: The previous weekly break above the critical October highs at 0.9315 is significant and now opens the door for the next major upside extension over the coming weeks back towards parity. Daily studies are looking slightly stretched at current levels, so we would not rule out the potential for some corrective selling, but ultimately, look for any setbacks to be well supported in the 0.9000 area, where a fresh higher low is sought out.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.