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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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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