Блог Сообщества Dukascopy
USD/CHF follows USD/JPY higher
U.S. dollar strength continues. After USD/JPY break to the upside on Wednesday, USD/CHF followed yesterday. The pair rose above parity level and is currently testing year's high near 1.0050. It's pretty much open space above that with big figures as resistance levels. A break lower in EUR/USD would be helpful, given the correlation between euro and franc.
SNB stands pat, USD/CHF supported
SNB keeps monetary policy unchanged. Shorter-term inflation forecast was bumped up while longer-term one was pared. They still deem the franc as highly valued and stand ready to intervene in the foreign exchange market. USD/CHF looks supported below the parity level. Absent new risk-off developments, the path of least resistance is to the upside.
USD/CHF bounces ahead of the weekend
Major currencies weakened against the dollar on Friday. Swiss franc was no exception. USD/CHF jumped 50 pips in the afternoon, possibly on some position squaring ahead of the sovereign money (VolleId) referendum. The pair looks to be in a downtrend since topping out above parity level in May, with 0.97 - 0.975 area the next target, if all goes as expected on Sunday.
USD/CHF breaks above parity level
USD/CHF rally has been impressive, 850 pips in just three months with half of the gains recorded last month. The pair broke above parity level on Friday. Today, it extended to 1.0050, the highest since last May. Correction, when it comes, will probably be a sharp one. For now, the parity level should provide initial support.
USD/CHF stabilizes near parity level
Volatility in USD/CHF has been dwindling during the past two weeks with the pair coiling around the parity level. Which way will it expand remains to be seen. Momentum favors the upside. SNB's Jordan speaks later today.
Swissie headed towards parity again
Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
USD/CHF broke below the trendline drawn off of 2011, 2014, 2015 and 2016 lows (spikes excluded) in May. The pair then broke below 200 week SMA and p…
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
USD/CHF broke below the trendline drawn off of 2011, 2014, 2015 and 2016 lows (spikes excluded) in May. The pair then broke below 200 week SMA and p…
Swissie tests 50 DMA
Swissie has so far spent the week above the parity level. Swiss inflation went positive for the first time after more than two years but that won't prompt SNB to change its policy before ECB moves on rates.
The pair tested 50 DMA yesterday after U.S. inflation and retail sales reports but then turned lower as the dollar was sold across the board. Area between 100 DMA and the parity is the first stronger support to watch.
The pair tested 50 DMA yesterday after U.S. inflation and retail sales reports but then turned lower as the dollar was sold across the board. Area between 100 DMA and the parity is the first stronger support to watch.
Swissie to approach 1.0250 in December
Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Swissie found strong demand near the intersection of the long term trendline that capped rallies in 2003, 2005, 2006, 2008, 2010 and 2015, and the t…
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Swissie found strong demand near the intersection of the long term trendline that capped rallies in 2003, 2005, 2006, 2008, 2010 and 2015, and the t…
Swissie approaching parity level again
Swisse has been another currency pair that has benefited from the positive risk sentiment after the U.S. election. The low on that day extended to 0.9550 from which the pair rallied about three cents, closing a cent higher on the week.
Trendline drawn off of November 2015 and January 2016 highs comes in near parity level this week and is the important confluence to watch. If momentum carries on the pair could just slice through. In the event of a deeper pullback, 0.975 - 0.98 is the support zone…
Trendline drawn off of November 2015 and January 2016 highs comes in near parity level this week and is the important confluence to watch. If momentum carries on the pair could just slice through. In the event of a deeper pullback, 0.975 - 0.98 is the support zone…
Swissie to test parity level in November
Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Swissie found strong demand near the intersection of the long term trendline that capped rallies in 2003, 2005, 2006, 2008, 2010 and 2015, and the t…
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Swissie found strong demand near the intersection of the long term trendline that capped rallies in 2003, 2005, 2006, 2008, 2010 and 2015, and the t…