Pair USD / CHF continues to slowly recover

During the Asian session on Tuesday, the pair USD / CHF continued slow growth, breaking the next resistance level of 0.9184. However, analysts predict a rather narrow corridor fluctuations of the Swiss franc against the dollar. Point intraday spreads are at levels (S1) 0,9150; (P) 0,9167; (R1) 0,9195.  

Date of publication: Mon, Sep 08 2014 06:47 GMT+4 Read more
Pair USD / CHF is trying to overcome the resistance

Earlier this week, the currency pair USD / CHF lost momentum again after the observed within five days of active growth. Price fluctuations are considered within the framework of the projection of 0.8702 to 0.9036 from 0.9855 and 0.9189 .
According to analysts, the intraday reversal point is at the level (S1) 0,9147; (P) 0,9164; (R1) 0,9190.  

Date of publication: Sat, Aug 30 2014 21:57 GMT+4 Read more
USD / CHF fell back under 0.9060, but may decide to have a new attack

USD / CHF opened at 0.9058, then stronger, reaching the level of 0.9067, but has now retreated under 0.9060. Did not meet expectations data from the U.S. has been hit hard on cross-country, even though the employment rate is not far behind the forecast. Disappointment also called report average hourly earnings, which pointed to the lack of wage inflation. Forex-market took Friday's figures as confirmation of the low price pressure, and this, in turn, indicates the absence of the need to rush to the tightening of the Fed's policy under the current circumstances, noted the analysts of the Forex Broker Company FIBO Group.
However, for the pair is not lost this week, especially if Mario Draghi will be set too pessimistic. Key levels for USD / CHF to date are as follows: Central Pivot located below 0.9066 support levels 0.9033, 0.9008 and 0.8975, and above - resistance levels are 0.9091, 0.9124 and 0.9149. Time Moving Averages are mixed, with 200SMA deployed up and is at 0.9053, and the daily 20EMA rolled up and is at 0.9012. Local RSI deployed down and is near 43.

Date of publication: Mon, Aug 04 2014 05:37 GMT+4 Read more
The dollar against the franc remains under pressure on evidence of a decrease in retail sales

Level of retail turnover declined in Switzerland in May, showed the report data of the Federal Statistical Office. Also, it was recorded a decline in consumer prices in June.
Retail sales showed a decrease.
The decline in retail sales in May was 0.6% compared with May last year. Decrease followed a 0.8% increase, which was observed in April. It should be noted that the decrease in turnover in May was the first since February of this year.
 

Date of publication: Mon, Jul 14 2014 05:52 GMT+4 Read more
Short-term prospects for USD / CHF are still vague

Yesterday, the pair reached the support level of 0.8910, which was the immediate goal of bears, after the rebound from 0.8950. Break of this support could open the way to 0.8850 and Ichimoku indicator. Indeed, the analysis shows the superiority timeframes bears at the moment. On the 4-hours chart we see bearish cloud by horizontal lines. Price is fixing under the Tenkan and Kijun and would feel more confident bears, as said the analysts of the Forex Broker Company FBS.
 

Date of publication: Fri, Jun 27 2014 21:41 GMT+4 Read more
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