• 1,071 days Will The ECB Continue To Hike Rates?
  • 1,071 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,073 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,473 days Could Crypto Overtake Traditional Investment?
  • 1,477 days Americans Still Quitting Jobs At Record Pace
  • 1,479 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,482 days Is The Dollar Too Strong?
  • 1,483 days Big Tech Disappoints Investors on Earnings Calls
  • 1,484 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,485 days China Is Quietly Trying To Distance Itself From Russia
  • 1,486 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,490 days Crypto Investors Won Big In 2021
  • 1,490 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,491 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,493 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,493 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,497 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,497 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,497 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,500 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

USD/CHF - Buying Pressures Start To Fade

USD/CHF's upside move is now fading. Hourly resistance is given at 0.9837 (28/06/2016 high). The road is nonetheless wide-open to further resistance at 0.9920 (03/06/2016 high). Hourly support is given at 0.9648 (24/06/2016 low).

In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Key support can be found 0.8986 (30/01/2015 low). The technical structure favours a long term bullish bias since last December.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment