Tag Archives: USD/CHF
FX Technical Volume Strategy: USD/CHF activity falls with price
• Volumes were relatively high on Monday with activity in the USD pushing the greenback to the top of the G10 rankings.
FX Daily Majors
Today’s highlights: • USDJPY beneath 98.72/58 is needed to see a bigger top for price and cloud support at 97.34/00.
USD/CHF Technical Analysis
(0,9495) The USD/CHF confirmed a weak closing below the low of the previous session suggesting further weakness toward the 200 days line, now found at 0,9358!
Daily FX Technical Strategy: Recent trends tapered
Small signs of a pullback in European equities (CAC 40) were further confirmed by strong selling seen in EUR/CHF.
UBS Morning Adviser
EURCHF Shorts Unstuck? EURCHF has not had the best of starts to the week as investors are opting for an abundance of caution amid rising volatility.
FX Daily Majors
Today’s highlights: • NZDUSD has broken lower to our initial support target at .7923/14. We expect this to hold at first, but stay bearish for an eventual break lower to .7808 then .7655.
Daily FX Technical Strategy: Neutralising risk
An ongoing slide in the Nikkei preceded recent profit taking on the JGB bear trend and also on the S&P 500.
USD/CHF Technical Analysis
(0,9560) The USD/CHF formed on Friday a positive day reversal but only a daily closing above 0,9625 will support the formation of a s/t bottom.
UBS Morning Adviser
ECB Lessons for BoJ The Bank of Japan pledged last week to increase the frequency of JGB purchases again to reduce volatility in government bond markets.
FX Daily Strategist: US
Volatility and position-adjustment to dominate FX Fundamentals are not driving the FX markets, but position-adjustment amid rising (Bernanke-induced) market volatility is.
Daily FX Technical Strategy: Sterling’s temporary upswing
Renewed weakness in the USD around month end is providing an opportunity for some base metals to rebound.
FX Daily Majors
Today’s highlights: • EURUSD aims at 1.3072/73 which we look to try and cap. Only above here would signal a more extended recovery to 1.3195/3243.