© Dukascopy Bank SA
- Bank of Tokyo Mitsubishi UFJ Ltd. (based on Bloomberg)
Pair's Outlook
USD/CHF pair slips even lower and currently approaches the weekly S1 at 0.9272. If this level does not support the depreciation impetus, than the subsequent level is the Bollinger band at 0.9226, followed by the lower one at 0.9180, where the weekly S2 intersects with the monthly S1.
Traders' Sentiment
SWFX market participants keep their bullish sentiments over USD/CHF pair, since the buy side has 82% of all positions and the sell side has 18%. The pending orders segment provides more balanced sentiments, as 46% are buy orders and 54% are sell.
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