• 762 days Will The ECB Continue To Hike Rates?
  • 763 days Forbes: Aramco Remains Largest Company In The Middle East
  • 764 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,164 days Could Crypto Overtake Traditional Investment?
  • 1,169 days Americans Still Quitting Jobs At Record Pace
  • 1,171 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,174 days Is The Dollar Too Strong?
  • 1,174 days Big Tech Disappoints Investors on Earnings Calls
  • 1,175 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,177 days China Is Quietly Trying To Distance Itself From Russia
  • 1,177 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,181 days Crypto Investors Won Big In 2021
  • 1,181 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,182 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,184 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,185 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,188 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,189 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,189 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,191 days Are NFTs About To Take Over Gaming?
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 - Drifting Lower

USD/CHF's upside has faded. Hourly support is given at 0.9711 (01/07/2016 low) has been broken. The pair is heading toward hourly support at 0.9648 (24/06/2016 high). Expected to further weaken.

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