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
Oil - US Crude
Bullish
Wall Street
Mixed
Gold
Mixed
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
Bearish
More View more
Real Time News
  • RT @lisaabramowicz1: The economic downturn is happening so fast that the New York Fed launched a new weekly economic index that assesses re…
  • #Gold: Price is holding up well with a small consolidation phase that could lead gold higher towards the 1680/1700 region. Get your $XAUUSD market update from @PaulRobinsonFX here: https://t.co/R5C6K0IVWh https://t.co/Gw0DX1VAgB
  • #Crypto update: $BTC +4.7% $BCH +6.2% $ETH +4.1% $LTC +2.4% $XRP +2.4%
  • RT @SPGlobalRatings: As the longest economic expansion in U.S. history abruptly ends, we forecast GDP will drop 1.3% this year--on par with…
  • $USDCAD staged a meteoric rise earlier this month before stalling out around 1.4669. Get your USD/CAD technical analysis from @PeterHanksFX here:https://t.co/22H6lN4e99 https://t.co/cjR1NfQJz6
  • RT @dlacalle_IA: Moody's estimates that around 22% of non-investment grade debt in Europe will not be able to service their debt, vs 1.5% a…
  • President Trump and President Putin agreed in a phone call on the importance of stability in global energy markets according to White House #CrudeOil
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.44% Gold: -0.49% Silver: -3.77% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/O8t1oXzJVt
  • RT @JWagnerFXTrader: #Gold down trend imminent...likely see $1400 before we see $1705 https://t.co/nHO1vUu9Nm
  • RT @HayekAndKeynes: Dividend futures are pricing out serious pain for years https://t.co/1ikNBSiVbC
Forex: USD/CHF Technical Analysis – Franc Sinks to 1-Month Low

Forex: USD/CHF Technical Analysis – Franc Sinks to 1-Month Low

2014-01-08 05:09:00
Ilya Spivak, Head Strategist, APAC
Share:

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • A break above 0.9077 (618% Fib ret.) has exposed 0.9143 (76.4% Fib ret.)
  • Pushing further above that targets 0.9235 (rising trend line from February 2013)
  • Reversing back below 0.9077 aims for 0.9024 (50% Fib retracement)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_usd-chf_body_Picture_11.png, Forex: USD/CHF Technical Analysis – Franc Sinks to 1-Month Low

Daily Chart - Created Using FXCM Marketscope 2.0

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

Contact and follow Ilya on Twitter: @IlyaSpivak

New to FX? START HERE

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.