USD/CHF 2016-02-11

     4-hour chart shows that:

     - corrective impulse subsided near mirror level 0.9820;
     - a noticeable resistance formed at the level 0.9775, after that bearish pressure  increased and lasted almost the entire American session, and caused decrease of quotes on  60 pips;
     -  the currency meets considerable support around the level of 0.9710.
Date of publication: Thu, Feb 11 2016 13:48 GMT+4 Read more
USD/CHF sinks to fresh lows ahead of 0.92

FXStreet (Mumbai) - USD/CHF dived more than 100 pips in the European session, falling back on the 0.92 barrier, largely on the back of soaring EUR/USD which strengthened the Swiss franc.

USD/CHF supported at 0.92 handle

Currently, the USD/CHF plunged -1.30% at 0.9222, hovering close to fresh session lows reached at 0.9212 some minutes ago. The pair fell deeper in red after the Swiss franc was boosted tracking gains from the EUR/USD pair which is nearing the key resistance at 1.1280 levels.

Meanwhile, the US dollar index (DXY) which measures the relative strength of the greenback versus six major currencies now trades at 94.34, down -0.81% on the day.

Date of publication: Tue, Sep 29 2015 16:09 GMT+4 Read more
USD/CHF rejected at 0.96

FXStreet (Mumbai) - USD/CHF extends gains for the second straight session, testing 0.96 barrier yet another time, as the US dollar continues its rise across the board, mainly driven by technical buying amid a data-light day ahead.

Date of publication: Fri, Sep 25 2015 13:48 GMT+4 Read more
U.S. Dollar Gets Boosted Up Against Swiss Franc

The level of economic expectations deteriorated sharply in Switzerland. Economists expect the recession in the Swiss economy in the current year.

Date of publication: Thu, Sep 24 2015 14:40 GMT+4 Read more
USDCHF Expects Further Growth to 0.9500

USDCHF broke through the 0.9300 resistance. Experts point out the USDCHF increase since the beginning of the year. Growth began after the turn from 0.8700. The same was the turning point in May 2014. Prior to this, the pair broke the resistance at 0.9300.

Date of publication: Sat, Sep 19 2015 12:26 GMT+4 Read more
Frank Is Strongly Overrated

The Swiss franc moved away from the two-week low against the U.S. dollar. The uncertainty of the conflict in Ukraine intensify the demand for a stable currency that consolidate the CHF and JPY.

Date of publication: Thu, Sep 17 2015 11:21 GMT+4 Read more
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