FX Thoughts for the Day
USD-CHF @ 0.9292/95...Weak R: 0.9300 / 0.9340 / 0.9400-15 S: 0.9120 / 0.9000 The pair for most part of the day was trading above its support of 0.9315-00 but eventually gave way to break the support...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9267/70...Bearish R: 0.9300 / 0.9400 S: 0.9250 / 0.9150 / 0.9118 Dollar-Swiss has seen a sharp fall this week breaking below its 200-DMA (currently at 0.9402). Important to note is that the...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9276/79...Ranged R: 0.9300 / 0.9350 / 0.9410 S: 0.9240 / 0.9200 / 0.9120 : The pair continues to trade in the 0.9300-240 range with absolutely no momentum. The pair is in a down trend but a...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9303/05...At the upper end of the range R: 0.9300 / 0.9350 / 0.9400 S: 0.9240 / 0.9120 The pair is trading in the 0.9300-0.9240 from Friday; it is though in a medium term down trend and is...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9329/32...Can rise to 0.9400 R: 0.9345-60 / 0.9400 / S: 0.9300 / 0.9250 / 0.9120 The pair as expected crossed its upper channel resistance on the hourly charts and is expected to rise...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9321/24...Sell rallies R: 0.9360 / 0.9400 S: 0.9300 / 0.9250 / 0.9120 The pair could not hold on to its gains and gave up ground to break below 0.9300 but found support at 0.9285 and has...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9345/48...Sell Rallies R: 0.9350 / 0.9400-20 / 0.9460 S: 0.9300 / 0.9250 / 0.9145 Dollar-Swiss is still looking weak overall. Although it found good Support near 0.9250 last week, it is not...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9348/51... Mixed R: 0.9400 / 0.9460 / S: 0.9350-40 / 0.9300/ 0.9260 The pair as expected took support at 0.9340 and gave a rise towards 0.9400 to make a high of 0.9385 and is now moving...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9408/11...Downtrend can resume soon R: 0.9410 / 0.9460 / S: 0.9370 / 0.9300 / 0.9260 The pair is trading flat near 0.9400 which is its 200 EMA resistance on the daily charts and it has seen...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9387/90...Resistance ahead at 0.9410 R: 0.9410 / 0.9460 S: 0.9375 / 0.9300 / 0.9260 The pair found support exactly at 0.9375 which is its trend line support on the daily charts and rose...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9358/61... Resistance ahead at 0.9375 and can slip lower to 0.9300, R: 0.9375 / 0.9410 / 0.9460 S: 0.9350-40 / 0.9300 / 0.9260 The pair as expected weakened throughout the day moving...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9379/82...Weak, sell on rallies R: 0.9390-410 / 0.9460 S: 0.9350-40 / 0.9300 / 0.9260 The pair on the rise found resistance at 0.9400 which is near to its 200 EMA on the dialy charts and...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9355/58...Ranged R: 0.9390-410 / 0.9460 S: 0.9350 / 0.9260 / 0.9120 The pair has not done much through the day and has been flat to negative and continues to trade in its 0.9410-9330 and...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9317/20...Weak R: 0.9330 / 0.9350-60 / 0.9410 /0.9460 S: 0.0.9300 / 0.9250 / 0.9120 The pair has traded flat through the day in the 0.9320-00 range and continues to struggle to move up and...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9322/25...Bearish R: 0.9300 / 0.9350 / 0.9410 / 0.9460 S: 0.9285 / 0.9240 /0.9120-00 As expected the pair was negative for the week loosing about 100 pips through the week. The pair opened...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9350/53...Weak R: 0.9410 / 0.9460 S: 0.9320-00 / 0.9250 / The pair traded flat before EU President Mario Draghi’s statement that the EU faces risk from financial instability in the region...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9405/08...Likely to test 0.9460 R: 0.9460 / 0.9550 / 0.9610 S: 0.9400 / 0.9480-60 / 0.9330 / 0.9300 The pair after breaking above 0.9400 has traded sideways but has managed to trade above...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9353/56... Bearish for a fall to 0.9300 R: 0.9400 / 0.9430 / 0.9460 S: 0.9300 / 0.9250 / 0.9200 Exactly as expected the pair on the bounce could not cross 0.9430-35 rather it did not manage...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9319/22...Continues to be weak R: 0.9345-55 / 0.9400 / 0.9460 S: 0.9300 / 0.9250 / 0.9200 The pair dipped further through the day and the fact that it could not rise to 0.9400 also shows...
View ArticleFX Thoughts for the Day
USD-CHF @ 0.9369/72... Stuck in 0.9440-280 range R: 0.9430 / 0.9460 / 0.9510 S: 0.9280 / 0.9230 / 0.9110 We saw the pair move all the way from 0.9289 to 0.9432 and back to 0.9300 through the week , on...
View Article
