From the daily chart below, we can see that the price was trading in a bearish channel. The big decline since November was the result of the first deviation from expectations in the US...
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USD/CHF RESUMES ITS DOWNTREND AND HITS FRESH WEEK LOWS BELOW 0.9245
Dollar plunges 0.5% on the day to test a weekly low at 0.92 5. US Treasuries fall on negative market sentiment. Concerns over rising cases of COVID-19 raise doubts about China’s economic recovery. The...
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USDCHF is having a volatile end of month
The USDCHF has had a volatile run of it today. The pair raced higher soon after the NY open and pushed up toward the falling 100 hour moving average at 0.9600 currently (blue line). The high...
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