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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USD/CHF Likely To Correct Lower Towards 0.9900

Key Highlights The US Dollar failed to move above the 0.9980 resistance and declined against the Swiss Franc. There is a key bearish trend line forming with resistance at 0.9965 on the 4-hours chart of USD/CHF. The Swiss Foreign Currency Reserve increased to 750B from 749B in June 2018. Spain’s Industrial Output for June 2018 will be released today, which is for...
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USD/CHF Remains Supported Ahead of USD GDP

Key Highlights The US Dollar is trading in a bullish zone above the 0.9880 support against the Swiss Franc. There is a crucial bullish trend line formed with support at 0.9880 on the 4-hours chart of USD/CHF. The US durable goods orders decreased 0.6% in May 2018 (MoM), less than the forecast of -1.0%. Today in the US, the GDP figure for Q1 2018 will be released, ...
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Can USD/CHF Capitalize and Trade above 0.9450?

Key Highlights 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 ...
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USD/CHF – US Dollar In Monstrous Uptrend Vs Swiss Franc

Key Highlights The US Dollar climbed higher this week and moved above 0.9840 against the Swiss Franc. There is a short-term bullish trend line forming with support at 0.9880 on the 4-hours chart of USD/CHF. The US New Home Sales in Sep 2017 increased by 18.9% (MoM), better than the forecast of -0.9%. Today, the US Pending Home Sales for Sep 2017 will be released, ...
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USD/CHF – Can US Dollar Break 0.9750 Vs Swiss Franc?

Key Highlights The US Dollar started an uptrend from the 0.9440 low against the Swiss Franc. There is a crucial contracting triangle forming with support at 0.9680 on the 4-hours chart of USD/CHF. The UBS Consumption Indicator in Switzerland for August 2017 rose from the last revised 1.46 to 1.53. The US Pending Home Sales figure will be released for August 2017, ...
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USD/CHF – US Dollar Downsides Limited By 0.9600 Vs Swiss Franc

Key Highlights The US Dollar is trading in a major range with resistance near 0.9765 and support at 0.9600 against the Swiss Franc. There is a crucial bullish trend line with support at 0.9600 forming on the 4-hours chart of USD/CHF. Swiss Trade Balance for July 2017 posted a trade surplus of 3511M, better than the last 2,880M. Today, the Housing Price Index for J...
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