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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EURCHF Slow and Steady Downtrend

Key Highlights Euro is following a nice downtrend against the Swiss Franc, which is likely to continue in the short term. German GFK Consumer Confidence released earlier today posted a rise to 10.2 from 10.1 in May. Swiss UBS Consumption Indicator posted a decline from the last revised reading of 1.34 to 1.25 in April 2015. German GFK Consumer Confidence Earlier d...
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