• 799 days Will The ECB Continue To Hike Rates?
  • 799 days Forbes: Aramco Remains Largest Company In The Middle East
  • 801 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,201 days Could Crypto Overtake Traditional Investment?
  • 1,205 days Americans Still Quitting Jobs At Record Pace
  • 1,207 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,210 days Is The Dollar Too Strong?
  • 1,211 days Big Tech Disappoints Investors on Earnings Calls
  • 1,212 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,213 days China Is Quietly Trying To Distance Itself From Russia
  • 1,214 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,218 days Crypto Investors Won Big In 2021
  • 1,218 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,219 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,221 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,221 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,225 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,225 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,226 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,228 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

USD/CHF - Challenging The Resistance at 0.9691

USD/CHF has further improved and is now challenging the key resistance at 0.9691. Hourly supports lie at 0.9612 (intraday low) and 0.9580 (intraday low).

From a longer term perspective, the technical structure favours a full retracement of the large corrective phase that started in July 2012. As a result, the recent weakness is seen as a countertrend move. A key support can be found at 0.9368 (15/10/2014 low). Key resistances stand at 0.9691 (06/10/2014 high) and 0.9839 (22/05/2013 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment