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"Currency speculators cut their bets against the U.S. dollar in the latest week to the lowest since the week of Sept. 4, according to data from the Commodity Futures Trading Commission released on Friday and Reuters calculations"
- ReutersPair's OutlookUSD/CHF pair continues to appreciate with a target at 0.9380/0.94 area, where a lot of resistance levels go. Last Thursday the price was already pulled back from this zone with a peak at 0.9387. But to prepare for a proper price settlement in this zone, it has to reach this level and close a D1 candle around this area, what would indicate about possible changes in trend.
Traders' SentimentAn absolute majority of SWFX market traders, 74%, expect the Dollar appreciation and only 26% believe in an alternative scenario. Placed orders market has 65% orders for a buy position and 35% for sell.
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