The dollar rises against the save have currencies and drops against the euro in the initial reaction. Read the rest of the article Non-Farm Payrolls Rise Nicely – USD/JPY and USD/CHF Rise Read more posts on ForexCrunch
By contrast, the EUR/USD and USD/CHF had a near-perfect negative correlation of -1.00. This implies that 100% of the time, when the EUR/USD rallied, USD/CHF sold off. This relationship even holds true over longer periods as the …
Technical Outlook: USDCHF failed to hold above a key r Fibonacci resistance confluence earlier this week with a break below the weekly open shifting the immediate focus lower. A proposed pitchfork off the 6/28 & 7/13 highs further …
-“The 5 year trendline held in USD/CHF which at least delays the immediate breakdown scenario. Swissie is testing the 200 day average, which could provide resistance for another move lower.” USD/CHF has turned down sharply from the …
As such, one of the most forceful FX moves is in USD/CHF, which has made gains for a fourth day straight. If you’re looking for trading ideas, check out our Trading Guides; they’re free and updated for the second quarter of 2017 If you’re …
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDCHF has plummeted, wiping out all of May’s advance (in the first week of June nonetheless). …