USD/CHF Remains In Downtrend Below 0.9750

Key Highlights USD/CHF followed a bearish path and settled below the 0.9750 support.A crucial bearish trend line is forming with resistance at 0.9740 on the 4-hours chart.The US CPI is up 0.2% in Dec 2019 (MoM), whereas the forecast was 0.3%.The US PPI could increase 0.2% in Dec 2019 (MoM), up from the last 0%. USD/CHF Technical Analysis This past week, USD/CHF made a...
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USD/CHF Could Face Hurdles Near 0.9750

Key Highlights 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...
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USD/CHF Could Face Hurdles If It Recovers

Key Highlights USD/CHF started a fresh decline after it failed to surpass 0.9980.There was a break below a key bullish trend line at 0.9932 on the 4-hours chart.The US CPI increased 1.8% in Oct 2019 (YoY), better than the market forecast of 1.7%.The US Initial Jobless claims for the week ending Nov 09, 2019 could rise to 215K from 211K. USD/CHF Technical Analysis Afte...
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USD/CHF Likely To Struggle Near 0.9940

Key Highlights The US Dollar started a fresh increase from 0.9849 against the Swiss Franc.A significant bearish trend line is forming with resistance near 0.9940 on the 4-hours chart of USD/CHF.The US Services PMI in Oct 2019 declined from 51.0 to 50.6.The US Nonfarm Productivity could rise 0.9% in Q3 2019 (Prelim), down from the last 2.3%. USD/CHF Technical Analysis ...
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USD/CHF Could Target Additional Weakness

Key Highlights The US Dollar started a fresh decline from 0.9970 against the Swiss Franc.A crucial bearish trend line is forming with resistance near 0.9940 on the 4-hours chart of USD/CHF.The US GDP grew 1.9% in Q3 2019 (Prelim), more than the market forecast of 1.6%.The US Personal Income could rise 0.4% in Sep 2019 (MoM), more than the last +0.2%. USD/CHF Technical An...
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USD/CHF Showing Bearish Signs, US GDP Report Next

Key Highlights The US Dollar started a downward move after it failed to break 0.9980 against the Swiss Franc. USD/CHF traded below a crucial bullish trend line at 0.9915 on the 4-hours chart.The ZEW Economic Expectations Index for Switzerland improved from -37.5 to -15.4 in Sep 2019.The US Gross Domestic Product is likely to grow 2.0% in Q2 2019. USD/CHF Technical Analys...
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USD/CHF Primed For Further Upsides Above 0.9950

Key Highlights The US Dollar gained momentum above 0.9850 and broke 0.9900 against the Swiss Franc. USD/CHF remains supported near 0.9880 and a key bullish trend line on the 4-hours chart.The US PPI increased 1.8% in August 2019 (YoY), more than the 1.7% forecast.The US CPI could increase 0.1% in August 2019 (MoM), less than the last +0.3%. USD/CHF Technical Analysis ...
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USD/CHF Eyes Upside Break, Dips Supported Near 0.9750

Key Highlights The US Dollar remains well supported above 0.9750 against the Swiss Franc. USD/CHF is facing resistance near 0.9880 and a bearish trend line on the 4-hours chart.The US Consumer Confidence declined to 135.1 in August 2019, whereas the forecast was 129.5.The Swiss ZEW Expectations Index is likely to improve from -24 to -21 in August 2019. USD/CHF Technical ...
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USD/CHF Recovery Could Extend Towards Parity

Key Highlights The US Dollar started a strong recovery from the 0.9696 low against the Swiss Franc. USD/CHF traded above a bearish trend line with resistance near 0.9790 on the 4-hours chart.The ISM-NY Business Conditions Index in June 2019 increased from 48.6 to 50.0.The US ADP Employment figure could change 140K in June 2019, up from the last 27K. USDCHF Technical Anal...
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USD/CHF Rallies To New 3-Year High

Key Highlights The US Dollar rallied and traded to a new 3-year high above 1.0200 against the Swiss Franc.USD/CHF broke a crucial ascending channel near 1.0060 on the 4-hours chart and surged higher.The US New Home Sales in March 2019 increased 4.5% (MoM), whereas the forecast was -2.5%.The BoC Interest Rate Decision will be announced today (forecast – no change from 1.75...
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