08 January, 2020 by Aayush Jindal in Market Analysis
USD/CHF is correcting losses and trading above
the 0.9650 support.A key bearish trend line is forming with resistance
near 0.9750 on the 4-hours chart.The Swiss CPI increased 0.2% in Dec 2019 (YoY), whereas
the forecast was 0%.The US ADP Employment could change 150K in Dec
2019, up from the last 67K.
USD/CHF Technical Analysis
After a strong decline, US...
05 December, 2018 by Aayush Jindal in Market Analysis
The US Dollar failed to break the 1.0000 resistance and declined against the Swiss Franc.
There is a major bearish trend line formed with resistance near 0.9980 on the 4-hours chart of USD/CHF.
The Swiss Consumer Price Index in Nov 2018 declined 0.3% (MoM), more than the -0.1% forecast.
Today, the Euro Zone Services PMI for Nov 2018 will be released...
13 February, 2018 by Aayush Jindal in Market Analysis
After a major decline, the US Dollar found support near 0.9250 against the Swiss Franc.
There was a break above two bearish trend lines with resistance at 0.9290 and 0.9380 on the 4-hours chart of USD/CHF.
The pair needs to move above the 0.9450 resistance to gain upside momentum.
The Swiss Consumer Price Index in Jan 2018 increased 0.7%, less than ...
10 February, 2016 by Aayush Jindal in Fundamental Analysis, Market Analysis, Technical Analysis, USDCHF
USDCHF Eyes Fed's Yellen For Next Move
US Dollar declined heavily against the Swiss Franc this week and even moved below the 0.9900-0.9800 support area.
There was a support trend line formed on the daily chart, which was broken during the downside drift.
Today, there is a major event in the US, as Fed's Yellen will testify that c...