Tag Archives: USD/CHF
Daily FX Technical Strategy: The ceilings into end of week
Into the end of week, several markets such as USD/JPY, the S&P 500, and US 10y yields are ranging just beneath important topside areas.
USD/CHF Technical Analysis
(0,9429) The USD/CHF confirmed a negative closing suggesting further consolidation/ correction with still the 200 days line at 0,9386 the possible attraction.
UBS Morning Adviser
Follow the Growth Flow The market will likely increase its pricing of an ECB rate cut in the run up to the May policy meeting. A weaker euro can also be expected, but for a credit- and funding- starved Eurozone,
FX Daily Majors
Today’s highlights: – NZDUSD above .8512 turns the focus back to the .8678/85 highs.
UBS Morning Adviser
Swiss Puzzle, German Answer The Swiss franc has weakened sharply this week. EURCHF has jumped from levels just above the Swiss National Bank’s ‘minimum’ floor of 1.20 to above 1.23 while USDCHF has appreciated back towards 0.95 the figure.
USD/CHF Technical Analysis
(0,9460) The USD/CHF confirmed another strong closing above the top of the previous session but it found good resistance at 0,9500. Possible a return toward the 200 days line at 0,9388,
UBS Morning Adviser
Only The Kiwi Flies Central banks are being forced to change stance. Following yesterday’s weak PMI data, the European Central Bank is now likely to cut interest rates on May 2.
USD/CHF Technical Analysis
(0,9460) The USD/CHF confirmed as well a strong closing supported by the EUR/CHF move. Possible a direct extension toward the resistance line at 0,9480;
USD/CHF Technical Analysis
(0,9392) The USD/CHF confirmed a positive closing but it failed to confirm a strong one, above the resistance of the positive outside day at 0,9350.
Daily FX Technical Strategy: A creeping bid for the USD
US rates markets are maintaining a bullish tack and the risk is for lower yields. However, the implications are mixed for the US dollar at this point.
UBS Morning Adviser
Europe’s PMIs China’s HSBC PMI data came out weaker this morning in Asia, falling from 51.5 to 50.5. Coupled with USDJPY slipping back below 99, stock markets have fallen across the region.
FX Daily Majors
Today’s highlights: – AUDUSD continues to look heavy, with the break beneath 1.0269 clearing the way for a move down to 1.0203, then the multi-month range lows at 1.0104/00.