Tag Archives: USD/CHF
Daily FX Technical Strategy – USD takes a breather
It was a busy day in FX markets yesterday as USD selling ended abruptly and the yen corrected on the crosses.
USD/CHF Technical Analysis
(0,9136) The USD/CHF formed a small positive day reversal but only a daily closing above 0,9140 will confirm a s/t bottom.
FX Daily Majors
Today’s highlights: – EURUSD: Probing the 1.3284 hurdle now. We expect the market to break out eventually through here and persist higher to 1.3388 and then 1.3487.
USD/CHF Technical Analysis
(0,9125) The USD/CHF failed to confirm the small positive day reversal extending instead the decline already toward 0,9110 area.
UBS FX Technical
EURUSD – The pair is extending its strength and focus is on resistance at 1.3287/1.3386, the May/March highs.
FX Daily Majors
Today’s highlights: – GBPUSD: Advance towards the key 1.6310 chart resistance hurdle continues for now. We stress that a breakout above this major hurdle targets 1.6619 eventually.
Daily FX Technical Strategy – USD kept on the back foot
US equities have bounced back. The S&P 500 index has recovered from the third two-day dip in the past month and US bonds are maintaining an offered tone as US 10y yields extend toward basing pattern targets.
USD/CHF Technical Analysis
(0,9185) The USD/CHF formed a small positive day reversal but only a daily closing tonight above 0,9197 will confirm a s/t bottom.
UBS FX Technical
EURUSD – The key bullish development on Friday was the closing break above 1.3150, the 38% retracement of the May 2011 to July 2012 bear trade.
FX Daily Majors
Today’s highlights: – EURUSD: Break above 1.3140/72 resistance zone signals trend continuation higher towards 1.3284/1.3388, and then 1.3487.
USD/CHF Technical Analysis
(0,9185) The USD/CHF confirmed a very weak closing in the daily chart as well as in the weekly one suggesting further weakness toward the 0,9000 area.
FX Daily Majors
Today’s highlights: – EURUSD: Advance continues higher towards 1.3127 and then 1.3140/72. A break above the latter area allows the upward trend continue towards 1.3284 and then 1.3388.