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- Bloomberg
Pair's Outlook
USD/CHF pair eases its appreciation pace and a slope of uptrend becomes flatter, but the pair still makes new highs, as today it broke the previous one and peaked at 0.9505. Currently, the price approaches the 100-day SMA at 0.9503 and looks for a direction, as it is bounded by the 200-day SMA from the bottom and the 100-day SMA from above. It is hard to say, how high this pair is able increase, as the RSI has a value of 69.
Traders' Sentiment
SWFX market participants maintain highly bullish sentiments, as the buy side takes 73% of the opened orders market and only 27% go for the sell side. Pending orders market is not so significantly segmented, 66% for buy orders and 34% for sell orders.
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