USD/CHF Price Analysis: Bullish correction eyed, but bears to commit below 0.9150 USDCHF Technical Analysis
The bears will need to commit below 0.9150 on a correction. , the bears stayed with the course and busted to lower levels as the following will illustrate. It was noted that the M-formation was bearish with the price struggling at the neckline resistance... was showing that the price was being resisted after the break of structure, BoS, from the prior day.At this juncture, it would appear that the momentum is with the bears that are headed for a test of the 0.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
USD/CHF Price Analysis: Rebounds from 0.9110 support confluenceUSD/CHF picks up bids to refresh intraday high near 0.9140 as it consolidates the week-start losses at multi-day low. With this, the Swiss Franc (CHF)
Weiterlesen »
USD/CHF marches towards 0.9200 as US dollar licks its wounds, Swiss inflation, US NFP eyedUSD/CHF marches towards 0.9200 as US dollar licks its wounds, Swiss inflation, US NFP eyed – by anilpanchal7 USDCHF RiskAppetite Inflation NFP Fed
Weiterlesen »
USD/CHF faces barricades around 0.9170 ahead of US ISM PMI and Swiss Inflation dataThe USD/CHF pair is sensing resistance near 0.9170 in the Asian session after a marginal recovery. The Swiss franc asset is expected to continue its d
Weiterlesen »
USD/CHF falls on weaker US Manufacturing PMIs, soft Swiss inflation dataUSD/CHF tumbles 0.17% after hitting a daily high of 0.9196 on softer-than-expected inflation in Switzerland. Nevertheless, a weaker manufacturing act
Weiterlesen »
USD/CHF slides towards 0.9100 despite softer Swiss inflation on SNB, Fed talksUSD/CHF holds lower grounds after downbeat start to the NFP week. Swiss inflation came in softer but SNB’s Schlegel sounds hawkish. Fed’s Cook fail t
Weiterlesen »
Potential Fed pivot has crypto and macro analysts ultra-bullish on Bitcoin’s price prospectsThe market expects the Federal Reserve to end interest rate hikes soon, which could have bullish implications for Bitcoin, gold and stocks.
Weiterlesen »