“USD/CHF” Most Valuable Currency Pair for Today
“EURO” No More a Safe Currency
February 25, 2016
BREXIT Over Says, G-20 Summit
February 27, 2016
“USD/CHF” Most Valuable Currency Pair for Today
The currency pair “USD/CHF” has caught a fair bid in last trading hours of American trading forming a new low adding the bearish run for greenback while the traders have switched to equity trading position.
USD/CHF cannot extend beyond 0.7250
In a Current trading scenario, the currency pair “USD/CHF” remain unchanged at 0.9881. striking a new balance forming a new low at 0.9873. While the currency pair “USD/CHF” trying very hard to jump back at the high level, which clearly lack the momentum as the weakness in US dollar ($) while the American stocks were somewhat at very high level. The American index Dow jones industrial Average was at high at change of +1.29% @ 16,697.29, while on the other side the Asian rivals were slow on below the expectation.
While the US dollar- USD, can benefit today with one of the most crucial economic event of 2016, (G 20 meetings) which will have based to US dollar weak performance, As the major risk events are set to begin at prelim GDP which will be declared today in the American trading session. A day before the sentiments on global equities were not looking stronger, which took the market at storm by crushing the expectations.
USD/CHF Technical Level:
In today’s trading session, the currency pair “USD/CHF” shows resistance level at (0.9887/90) which can extend to another resistance level at 0.9941/ 45. On the other hand, the immediate support is located at 0.9885 (H1 chart) which might extend to a level of 0.9867
3 Comments
Good day! This post could not be written any
better! Reading through this post reminds me of my old room
mate! He always kept talking about this. I will forward this post to him.
Fairly certain he will have a good read. Thank you for sharing!
I simply wanted to jot down a brief message so as to express gratitude to you for all of the fantastic tips you are posting at this site. My time intensive internet look up has at the end been recognized with brilliant tips to share with my great friends. I would express that we site visitors actually are truly blessed to be in a very good community with many awesome professionals with good points. I feel quite happy to have encountered your entire site and look forward to tons of more thrilling minutes reading here. Thanks again for all the details.
I intended to create you the little bit of remark to help thank you again relating to the marvelous strategies you have shown at this time. This has been surprisingly generous of you to deliver openly exactly what a number of us might have advertised as an e-book to get some bucks on their own, precisely given that you might well have done it if you desired. These suggestions in addition worked to provide a great way to understand that most people have a similar desire the same as my very own to see lots more in regard to this matter. I’m sure there are thousands of more enjoyable occasions in the future for individuals that look over your site.