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- Tempus Inc. (based on MarketWatch)
Pair's Outlook
Being unable to pass through the resistance at 0.9169, USD/CHF stepped back from the weekly PP and the 100-day SMA. Still, a line in the sand at 0.9128/08 prevented extension of a dip, though there is a chance that the bearish impetus has not been negated completely, since the importance of the June low, considering the price action near it, recently has been decreased.
Traders' Sentiment
The sentiment of the SWFX traders towards USD/CHF stays strongly bullish, as the percentage of long positions (68%) is substantially higher than the percentage of short positions (32%). As for the orders, 72% are to purchase the U.S. Dollar and 28% are to sell it against the Franc.
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