• 1,035 days Will The ECB Continue To Hike Rates?
  • 1,035 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,037 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,437 days Could Crypto Overtake Traditional Investment?
  • 1,442 days Americans Still Quitting Jobs At Record Pace
  • 1,444 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,447 days Is The Dollar Too Strong?
  • 1,447 days Big Tech Disappoints Investors on Earnings Calls
  • 1,448 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,450 days China Is Quietly Trying To Distance Itself From Russia
  • 1,450 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,454 days Crypto Investors Won Big In 2021
  • 1,454 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,455 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,457 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,458 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,461 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,462 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,462 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,464 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…

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 - Bearish Breakout

USD/CHF has exited uptrend channel. Hourly support given at 1.0075 (13/03/2017 low) has been broken. Key resistance can be found at a distance at 1.0344 (15/12/2016 high). Expected to consolidate.

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 nonetheless a long term bullish bias since the unpeg in January 2015.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment