Safe Haven Retreat Stalls at 0.90 in USD/CHF As Traders Await More News
USD/CHF retreated back down on Friday after bouncing on Thursday, but the 200 SMA held as support once again at 0.90 Full Article
USD/CHF Above Last Week’s High After Softer Swiss Inflation Numbers
USD/CHF has been bullish for more than two months and today's softer CPI report for September is one more reason to push higher Full Article
Important Bullish Break in USD/CHF After SNB Holds Rates Steady
USD/CHF has pushed above 0.90 as we ass the 200 daily SMA after the SNB meeting, which opens the door for further gains Full Article
USD/CHF Facing an Important Test at the 50 Daily SMA
USD/CHF is finding resistance at the 0.88 resistance zone but the buying pressure seems strong enough to push this pair above it Full Article
USD Gets Another Boost from Positive ADP Employment Numbers
USD ADP employment showed yet another strong jobs number, which is adding strength to the USD as labour market tightens Full Article
Remaining Short on USD/CHF, on Hawkish SNB
Moving averages are keeping USD/CHF down as the SNB remains hawkish, so we remain short on this forex pair Full Article
SNB’s Jordan Weighing on USD/CHF With MAs Keeping It Down
USD/CHF kept the bearish trend yesterday after the softer US CPI inflation numbers and hawkish comments form SNB chairman Jordan Full Article
Unemployment Claims Keeping the Pressure on the USD
The USD is feeling weak again as jobless claims came above expectations, confirming that the employment sector is feeling the pressure Full Article
Continuing to Book Profit on Risk Asset Shorts and Safe Haven Longs
Today the situation has reversed completely as Credit Suisse is showing difficulties, which has hurt risk sentiment Full Article
Markets in Doubt, With FED Having More Immediate Problems than Inflation
US YoY inflation posted a decline overall, but the February numbers were still pretty high, although the FED has other problems right now Full Article
Safe Haven and Risk Currencies Remain Bullish
The decline in EUR/CHF has escalated and we decided to open a sell signal, as safe havens remain in demand on financial uncertainties Full Article
Bearish Signs in EUR/CHF With No Pivot Signal From SNB’ Jordan
UR/CHF has fallen below parity as the ECB starts giving dovish signals, while the SNB is keeping the rhetoric hawkish Full Article
EUR/CHF Makes An Important Break Above Parity, AS ECB Keep Rate Hiking Rhetoric
EUR/CHF has been on a bearish trend for nearly two years with the 200 daily SMA acting as resistance, but yesterday the 200 SMA was broken Full Article
Buying the Retreat in EUR/CHF As High Inflation Keeps the ECB Hawkish
EUR/CHF retreated lower yesterday as risk sentiment turned negative, but the main trend is still bullish so we decided to open a buy signal Full Article
Technical Analysis for EUR/CHF – Buying the Post ECB Retreat
EUR/CHF dived lower after the ECB 75 bps rate hike, as they hinted on slower hikes to follow, but is bouncing back up now Full Article