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Tag: USDCHF

USD/CHF Price Analysis: Rises near 0.9800 on USD strength and risk aversion

USD/CHF Price Analysis: Rises near 0.9800 on USD strength and risk aversion USD/CHF Price Analysis: Rises near 0.9800 on USD strength and risk aversion

USD/CHF has a bullish bias, but the Swiss National Bank’s (SNB) change in stance from dovish to aggressive could limit USD/CHF rallies towards all-time highs. USD/CHF Price Analysis: The daily and 1-hour charts show a bullish bias in the pair, so any pullback is a better opportunity for buyers. The USD/CHF rose strongly on Monday […]

USD/CHF: Bulls remain in control, awaiting a sustained move above 0.9800

USD/CHF: Bulls remain in control, awaiting a sustained move above 0.9800 USD/CHF Price Analysis: Rises near 0.9800 on USD strength and risk aversion

USD/CHF gains traction for the eighth day in a row and rises to a new multi-week high. Fed expectations continue to support the USD and provide a good boost to the pair. Risk-off sentiment supports the safe-haven CHF and caps the pair’s gains. The pair USD/CHF extends its almost two-week uptrend from levels below 0.9500 […]

USD/CHF rises to a three-week high around the 0.9800 level ahead of the NFP

USD/CHF rises to a three-week high around the 0.9800 level ahead of the NFP USD/CHF rises to a three-week high around the 0.9800 level ahead of the NFP

Sustained buying interest around the dollar pushes USD/CHF to a fresh multi-week high on Friday. Cautious market sentiment supports the safe haven CHF and caps the pair’s upside. Furthermore, investors are reluctant to open aggressive positions ahead of the release of the US NFP jobs report. The pair USD/CHF has extended its recent strong bounce […]

USD/CHF Hits 3-Week Highs and Recovers 0.9700 Ahead of FOMC Minutes

USD/CHF Hits 3-Week Highs and Recovers 0.9700 Ahead of FOMC Minutes USD/CHF Hits 3-Week Highs and Recovers 0.9700 Ahead of FOMC Minutes

A combination of factors sent USD/CHF higher for a fifth day in a row on Wednesday. The risk appetite drive undermined the CHF haven and extended some support to the pair. The dollar’s underlying bullish trend provided additional momentum ahead of the FOMC meeting minutes. The pair USD/CHF it gained some positive traction for the […]

USD/CHF Price Analysis: Approaching the 50 DMA

USD/CHF Price Analysis: Approaching the 50 DMA USD/CHF Price Analysis: Approaching the 50 DMA

The Swiss franc weakened against the dollar, despite safe-haven flows, down almost 1%. Sentiment and US dollar strength lift the pair as buyers weigh in, awaiting a breakout of the 50 DMA. USD/CHF double top remains in play but upside risks remain. The USD/CHF It advanced strongly for the third day in a row, breaking […]

USD/CHF remains stable near 0.9600

USD/CHF remains stable near 0.9600 USD/CHF remains stable near 0.9600

USD/CHF reversed an intraday buy on Monday and broke above the 0.9600 level again. A positive risk tone undermined the CHF haven and extended some support to the pair. The modest dollar weakness failed to impress bullish traders and kept any further upside limited. The pair USD/CHF attracted some buying at the 0.9560 area on […]

Forex Today: Market action remains subdued at the start of the week

Forex Today: Market action remains subdued at the start of the week Forex Today: Market action remains subdued at the start of the week

This is what you need to know to trade today monday july 4th: After the volatility on Friday, the markets will remain relatively calm on Monday. The stock and bond markets in the United States will remain closed due to the 4th of july holiday. The European economic agenda will include data from the July […]

USD/CHF Price Analysis: Buyers step in and lift pair on sellers’ failure at double top

USD/CHF Price Analysis: Buyers step in and lift pair on sellers’ failure at double top USD/CHF Price Analysis: Buyers step in and lift pair on sellers’ failure at double top

USD/CHF ends the week with decent gains of 0.39%. Risk aversion dominates the session on Friday, as it has throughout the week. USD/CHF double top on the daily chart is still in play but failure at 0.9544 paves the way for further gains as buyers eye 0.9700. In the short term, the major has a […]

USD/CHF Price Analysis: Sellers struggle around 0.9545

USD/CHF Price Analysis: Sellers struggle around 0.9545 USD/CHF Price Analysis: Sellers struggle around 0.9545

The USD/CHF daily chart illustrates a double top formation, but strong buying pressure below 0.9540 has limited any downside move. The risk aversion drive bolstered appetite for the Swiss franc and weighed on the US dollar. USD/CHF 1 hour chart is sloping to the upside, but unless buyers reclaim 0.9600, the pair is vulnerable to […]

USD/CHF falls to lowest level since Apr 21, bears flirt with 0.9500 level ahead of Powell

USD/CHF falls to lowest level since Apr 21, bears flirt with 0.9500 level ahead of Powell USD/CHF falls to lowest level since Apr 21, bears flirt with 0.9500 level ahead of Powell

USD/CHF witnessed strong selling on Wednesday and fell to a two-month low. The surprise SNB rate hike in June and recession fears underpinned the safe-haven CHF. Lower US bond yields kept dollar bulls on the defensive and were not supportive. Investors are now awaiting Fed Chairman Powell’s speech for further directional momentum. The pair USD/CHF […]