• 2 hours Crypto-Mining Immigration Could Be The Start Of A New Trend
  • 2 days Hawkish Fed Sends Gold Prices Crashing
  • 3 days Bezos Is Heading To Space This Sunday
  • 6 days El Salvador’s Surprise Bitcoin Move
  • 9 days Markets Unfazed As Inflation Hits 13-Year High
  • 10 days How the Token Economy is Disrupting Financial Markets
  • 12 days FBI Investigating 100 Types Of Ransomware Attacks
  • 14 days Fed Ends Corporate Credit Emergency Lending Program
  • 16 days AMC Becomes the Latest Winning Meme Stock After GameStop
  • 17 days The Real Reason Your 401k Has Been Lagging
  • 18 days China Lifts Cap On Births, Allows Three Children Per Couple
  • 20 days The Market Is Ripe For Another GameStop Saga
  • 23 days Senate Grills Big Banks Over Pandemic Opportunism
  • 24 days Cannabis Has A Major Cash Problem
  • 25 days Ransomware Netted Criminals $350M In 2020 Alone
  • 26 days Russia Is Taking On Google
  • 27 days Chinese Regulators Deal Another Big Blow To Bitcoin
  • 28 days Ohio Residents Brave Vaccine for Chance To Win $1M
  • 30 days Inflation Is Coming. Are You Prepared?
  • 31 days Travel Might Get Another Supersonic Disruption
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

Contact Author

  1. Home
  2. Markets
  3. Other

USD/CHF - Holding Below Parity

USD/CHF's uptrend momentum keeps going as long as the pair remains in the upward channel. Support is located at 0.9876 (14/12/2015 low). Hourly resistance can be found at 1.0125 (05/01/2015 high). Expected to monitor toward support implied by uptrend channel.

In the long-term, the pair has broken resistance at 0.9448 and key resistance at 0.9957 suggesting further uptrend. Key support can be found 0.8986 (30/01/2015 low). As long as these levels hold, a long term bullish bias is favoured.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment