USD/CHF is traded around the 200-day SMA at 0.9459

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"Policy uncertainty is affecting business confidence, delaying capital expenditure especially in the U.S. The potential if we get a resolution of some of these issues is a release of pent-up demand"
- Legal & General Management (based on Bloomberg)

Pair's Outlook
During yesterday's trading session it seemed that the price will brake through the 200-day SMA very easily, however, the price retreated and currently retests the moving average from beneath. If the price settles below, we will experience an extension of a downside correction, with possible support levels at 0.9352, where the weekly PP and the 55-day SMA lie, and 0.9322 with the weekly PP and the 20-day SMA.

Traders' Sentiment
Traders at SWFX market are optimistic about USD/CHF pair, as 71% of traders hold long positions and 29% have short positions. The situation with orders also show uptrend expectations, since 68% investors ordered to buy and 32% to sell.

© Dukascopy Bank SA
Back to articles

Actual Topics

Thu, 15 Nov 2012 13:26:22 GMT

EUR/AUD maintains bullish outlook

The bullish tendency, which started yesterday, successfully managed to continue, as today the EUR/AUD currency pair experienced another significant bullish advance, an now the currency couple is about to test the 20-day SMA at 1.2364, which is very likely to bring some bearish impetus, however, if it fails to stop the prevailing rally, then the price might reach the 200-day

Thu, 15 Nov 2012 09:45:05 GMT

USD/JPY surges and reaches a new high

USD/JPY pair sharply increases for the second day. After the pair bounced from the 200-day SMA at 79.40, the price is surging and today made a new high at 80.95. However, currently USD/JPY is traded around the 80.80 level, where the upper Bollinger line goes. The price appreciation is possible, as indicators have not entered an oversold zone yet, but

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.