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
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
Bearish
Wall Street
Mixed
Gold
Bearish
GBP/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
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
More View more
Real Time News
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:https://t.co/vg7w10la3j https://t.co/rE8syuS5Co
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT for insight on London #FX and #CFD trading. Register here: https://t.co/AoM3UvLtcF https://t.co/dncy3XYTJz
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.69%, while traders in US 500 are at opposite extremes with 73.24%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/nRGF2Wk2l1
  • Heads Up:💶 ECB Bank Lending Survey due at 08:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-07-14
  • 🇸🇪 Inflation Rate MoM (JUN) Actual: 0.6 Expected: 0.5% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-07-14
  • 🇸🇪 CPIF YoY (JUN) Actual: 0.7 Expected: 0.5% Previous: 0.0% https://www.dailyfx.com/economic-calendar#2020-07-14
  • Brush up your knowledge on trade-wars with this tool from DailyFX research briefly outlining trade-war history dating back to the early 1900s here: https://t.co/ZWaL6laTU5 https://t.co/b91XdObK8N
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: -0.16% Silver: -0.24% Oil - US Crude: -1.62% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/KC7sg4l2Ny
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.07% 🇨🇭CHF: 0.06% 🇯🇵JPY: 0.03% 🇨🇦CAD: -0.09% 🇳🇿NZD: -0.16% 🇬🇧GBP: -0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/wtgcI2N4kU
  • Heads Up:🇸🇪 Inflation Rate MoM (JUN) due at 07:30 GMT (15min) Expected: 0.5% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-07-14
USD/CHF Classical Technical Report 02.08

USD/CHF Classical Technical Report 02.08

2012-02-08 06:48:00
Joel Kruger, Technical Strategist
Share:
Daily_Classical_USDCHF_body_swiss1.png, USD/CHF Classical Technical Report 02.08

USD/CHF: Although our overall outlook remains intensely bullish, the market is in the process of some interday consolidation before the next major upside extension beyond 0.9600 and towards parity. However, with the latest consolidative declines now finally testing the 100-Day SMA, any additional downside should be limited in favor of a fresh upside extension. Ultimately, only a daily close back below 0.9000 would give reason for concern. Alternatively, a close back above 0.9250 would alleviate immediate downside pressures and reaffirm outlook.

--- 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.