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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USD/CHF Remains At Risk Of More Downsides

Key Highlights The US Dollar recently failed to break the key 1.0000 resistance against the Swiss Franc.A crucial resistance is formed near 0.9990 on the 4-hours chart of USD/CHF.The US ISM Non-Manufacturing Index declined from 59.7 to 56.1 in March 2019.The US Initial Jobless Claims for the week ending March 30, 2019 could rise from 211K to 216K. USDCHF Technical Analys...
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USD/CHF Could Revisit February 2019 Highs

Key Highlights The US Dollar gained traction above the 1.0000 resistance against the Swiss Franc. USD/CHF broke a crucial bearish trend line at 0.9995 on the 4-hours chart. The US ADP Employment declined from the last revised reading of 300K to 183K in Feb 2019. The US Initial Jobless Claims for the week ending Feb 26, 2019 will be released today, which could rema...
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USD/CHF Could Extend Losses Below 0.9980

Key Highlights The US Dollar declined recently and broke the 1.0050 support against the Swiss Franc. There is a key bullish trend line in place with support at 0.9990 on the 4-hours chart of USD/CHF. The US Building Permits in Dec 2018 increased 0.3%, while Housing Starts declined 11.2%. The US Durable Goods Orders figure for Jan 2019 will be released today, which...
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USD/CHF Remains At Risk of Further Declines

Key Highlights 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...
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USD/CHF Breaks Key Support Ahead of Fed’s Rate Decision

Key Highlights The US Dollar started a downside move from the 1.0090 resistance against the Swiss Franc. There was a break below two important bullish trend lines at 1.0030 on the 4-hours chart of USD/CHF. The Euro Area Retail Sales in Sep 2018 increased 0.8% (YoY), more than the 0.7% forecast. Today, the Fed Interest Rate Decision is scheduled, which is forecaste...
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USD/CHF Recovery Could Be Capped Near 0.9780

Key Highlights The US Dollar found support near 0.9650 and recovered against the Swiss Franc. There is a key bearish trend line in place with resistance at 0.9775 on the 4-hour chart of USD/CHF. The Swiss Consumer Price Index remained flat in August 2018 (MoM). Today, the US Trade Balance figure will be released for July 2018, which is forecasted to post a deficit...
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