News & Analysis at your fingertips.

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
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Bullish
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • $NZDUSD is back above 0.7200 this morning, trading near one of January's key levels for the pair. $NZD $USD https://t.co/WIsB7K8Zus
  • UK PM Johnson to visit Scotland to make impassioned plea for Scotland to reject narrow separatism - The Sun $GBP
  • 🇺🇸 Chicago Fed National Activity Index (DEC) Actual: 0.52 Previous: 0.27 https://www.dailyfx.com/economic-calendar#2021-01-25
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in EUR/JPY are at opposite extremes with 69.28%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/IcGOFR0QfL
  • Becoming a forex trader means living and breathing the excitement, risk and reward of trading in the biggest and most liquid market in the world. Do you have what it takes? Read here to discover the qualities and processes it takes to build consistency: https://t.co/EfWEACQ6Cz https://t.co/LTWADdQYbL
  • Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.40% 🇦🇺AUD: 0.16% 🇨🇦CAD: 0.10% 🇯🇵JPY: 0.02% 🇨🇭CHF: -0.16% 🇪🇺EUR: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Lipxi7E6zE
  • Heads Up:🇺🇸 Chicago Fed National Activity Index (DEC) due at 13:30 GMT (15min) Previous: 0.27 https://www.dailyfx.com/economic-calendar#2021-01-25
  • A bout of strength this morning has driven #Bitcoin back above $34,000, its highest level since last Thursday. $BTC https://t.co/MtTFLxJXjZ
  • 🇲🇽 Economic Activity YoY (NOV) Actual: -3.9% Expected: -4.5% Previous: -5.3% https://www.dailyfx.com/economic-calendar#2021-01-25
  • US Corporate Earnings (Jan 25-29) Ticker (Earnings Implied move) Jan 26th - $JNJ (2.4%) - $AXP (4.3%) - $VZ (2.1%) - $MSFT (3.5%) Jan 27th - $T (3.6%) - $BA (2.9%) - $FB (6.1%) - $TSLA (6%) - AAPL (4.7%) Jan 28th - $MCD (3%) - $MA (3.6%) - $V (2.8%) Jan 29th - $CAT (4%) https://t.co/4Hir4UHXdY
Forex Analysis: USD/CHF Classic Technical Report 12.13.2012

Forex Analysis: USD/CHF Classic Technical Report 12.13.2012

Ilya Spivak, Head Strategist, APAC

Prices continue to consolidate above support in the 0.9213-38 region. Resistance remains in the 0.9381-0.9402 area, marked by a range top set from late September and the 23.6% Fibonacci retracement. A break above that targets the underside of a rising trend line set from the October 17 low (0.9471) and the 38.2% level at 0.9503. Alternatively, a drop below support initially aims for the 50% Fib expansion at 0.9133.

Forex_Analysis_USDCHF_Classic_Technical_Report_12.13.2012_body_Picture_1.png, Forex Analysis: USD/CHF Classic Technical Report 12.13.2012

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