TAG: USD/CHF
Swiss franc shrugs after SNB’s Jordan comments
The Swiss franc is steady on Friday. In the European session, USD/CHF is almost unchanged at 0.9118. It has been quite a ride for the Swiss franc, which hit eight-year highs against the US dollar in the last week of 2023. The US dollar has roared back in...
5 months ago
USD/CHF Forecast: Choppy Trading Amid Uncertainty
The US dollar rallied a bit during the course of the early hours on Tuesday but has given back some of the gains.I think that's going to continue to be a major issue as market participants continue to see this as a market that is going to be noisy to say...
2 months ago
Weekly Forex Forecast – EUR/USD, USD/CHF, Gold, S&P 500 Index
Fundamental Analysis & Market SentimentI wrote on 11th August that the best trade opportunities for the week were likely to be:Long of the EUR/USD currency pair. This produced a win of 1.03%.Long of Gold in USD terms following a New York close at or a...
1 month ago
USD/CHF Forecast: Noisy Trading Against Franc
The US dollar has fallen a bit during the trading session on Friday as we continue to see a lot of volatility in the Forex markets overall, the US dollar and the Swiss Franc, both are considered to be safety currency.So that does make a certain amount of...
1 month ago
USD/CHF Forecast: Trying to Find Bottom
In my daily analysis of the dollar against the Swiss franc, it's obvious that we are paying close attention to the 0.85 level, which of course is a large, round, psychologically significant figure.As a result, it makes a lot of sense that traders are deba...
1 month ago
Weekly Forex Forecast - FTSE 100, USD/CHF, NZD/USD, EUR/USD, Gold, ASX 200, USD/JPY, WTI Crude Oil
FTSE 100The FTSE 100 initially pulled back during the week, but it looks as if we still have plenty of support underneath. The fact that we have turned around to bounce, and it looks like central banks around the world are willing to step in and provide l...
1 month ago
Weekly Forex Forecast - FTSE 100, USD/CHF, NZD/USD, EUR/USD, Gold, ASX 200, USD/JPY, WTI Crude Oil
FTSE 100The FTSE 100 initially pulled back during the week, but it looks as if we still have plenty of support underneath. The fact that we have turned around to bounce, and it looks like central banks around the world are willing to step in and provide l...
1 month ago
USD/CHF Forecast: Dollar Testing Lows
The US dollar initially tried to rally a bit during the course of the trading session only to drop towards the 0.84 level.The 0.84 level has been important multiple times, and I think at this juncture you have to look at this through the prism of a market...
1 month ago
USD/CHF Forecast: US Dollar Bounces Against Swiss Franc
This asset looks as if it is ready to bounce from a major level, so I think ultimately you need to pay close attention to it.With that being said, I think you have got a situation where the market is so oversold that is probably only a matter of time befo...
1 month ago
USD/CHF Forecast: Recovering Against Franc
The US dollar has rallied a little bit during the trading session on Monday against the Swiss franc.As we continue to see this general vicinity, perhaps offer support. I do believe that the 0.84 level in the pair is a hard floor in the market, and it will...
1 month ago
USD/CHF Forecast: US Dollar Stabilizes Against Swiss Franc Again
It’s easy to see that we have been stabilizing over the last couple of days, I think we have a situation where we are trying to find a bottom in this pair, because it has been so viciously sold off.That being said, the market is likely to be looking at th...
1 month ago
USD/CHF Forecast: Struggles Near 0.84 Level
The US dollar has gone back and forth during the course of the trading session on Thursday, as we continue to see a lot of support just below.It'll be interesting to see how the market behaves from here due to the fact that both of these currencies are mo...
1 month ago
USD/CHF Forecast: Testing Major Support
The US dollar has gone back and forth during the course of the trading session on Friday as we continue to look at the 0.84 level, which is a large round psychologically significant trigger.The market is likely to continue to see this as a floor in the ma...
1 month ago
USD/CHF Forecast: US Dollar Pulls Back Against Swiss Franc
The US dollar is drifting a little bit lower. This is particularly interesting considering just how positive the Monday session was.It’s also worth noting that the 0.84 CHF level is being heavily defended, so it’s worth paying close attention to this pair...
1 month ago