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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