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
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
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
Bullish
Oil - US Crude
Mixed
Bitcoin
Bearish
More View more
Real Time News
  • Gold surging while Treasury yields plunging in response to latest US-China trade talk headlines sending a sour tone $XAUUSD $TNX $GLD #US10YR https://t.co/ruEsKggEAs
  • Sterling continues to price in the good news with $GBPUSD nearing 1.3000 and looking to test highs last seen in early May. Get your market update from @nickcawley1 here: https://t.co/5LGANmVyT7 https://t.co/HAFfl0wld2
  • Gold and JPY continuing to head higher since pessimistic US-China trade reports https://t.co/05fyOCPByM
  • LIVE IN 30 MIN: Join Senior Strategist @JWagnerFXTrader as he identifies current trading opportunities using several tools including Elliot Wave and support/resistance. Register here: https://www.dailyfx.com/webinars/963207267?CHID=9&QPID=917720
  • RT @onlyyoontv: #China surprises by cutting short term funding rate for 1st time since 2015. It’s only 5 basis points (reverse repo rate fr…
  • LIVE NOW: Join Technical Strategist @MBForex as he talks about scalping techniques you could implement in your trading. Register here: https://www.dailyfx.com/webinars/176946155?CHID=9&QPID=917720
  • $EURUSD - constructive structure https://www.dailyfx.com/forex/analyst_picks/todays_picks/jeremy_wagner/2019/11/18/near-term-outlook-115.html https://t.co/OkI6llcoPy
  • Join @JWagnerFXTrader 's #webinar at 9:30 AM ET/2:30 PM GMT at the US market opening bell. Register here: https://t.co/9pXwJzGj54 https://t.co/gpbA15KUcK
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.65%, while traders in France 40 are at opposite extremes with 82.39%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/eOIjU8WYXG
  • RT @onlyyoontv: Mood in Beijing about #trade deal is pessimistic, government source tells me. #China troubled after Trump said no tariff ro…
Forex Analysis: USDCHF Classic Technical Report 11.07.2012

Forex Analysis: USDCHF Classic Technical Report 11.07.2012

2012-11-07 10:41:00
Ilya Spivak, Sr. Currency Strategist
Share:

Prices are testing resistance at 0.9450, with a break higher exposes the 38.2% Fibonacci retracement at 0.9503. Initial trend line support lines up at 0.9365. A push below that exposes the 0.9213-38 area.

Forex_Analysis_USDCHF_Classic_Technical_Report_11.07.2012_body_Picture_5.png, Forex Analysis: USDCHF Classic Technical Report 11.07.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES

News & Analysis at your fingertips.