Swiss Franc Could Weaken From Here On
The USDCHF exchange rate is consolidating just above key support at 0.9150, following a bit of buying off of support at 0.9138. The 0.9138, and subsequently, the 0.9150 is anticipated to hold as the support level is being reinforced by a descend
EUR/CHF Forecast April 17, 2012, Technical Analysis
The EUR/CHF pair fell on Monday as the market continues to try and grind lower. However, the 1.20 level below has held so far, and the Swiss National Bank is certainly willing to push back if the level gives way. The breaking below of that level
EUR/CHF Fundamental Analysis April 17, 2012, Forecast
Analysis and Recommendations:The EUR/CHF is trading at 1.2019 remaining in a very tight range, the pair had closed the week at 1.2020 and traded today between 1.2031 and 1.2018 ending the day at the bottom of the range. The euro picked up a b
USD/CHF weekly outlook: April 16 - 20
USD/CHF hit 0.9090 on Thursday, the pairs' lowest since April 3; the pair subsequently consolidated at 0.9191 by close of trade on Friday, adding 0.28% over the week. The pair is likely to find support at 0.9090, Thursday's low and resistance at 0.9253 ...
USD Rebounds as China GDP, Weak US Data Weigh on Sentiment- CHF Heavy
The Japanese yen is the strongest performing currency against a markedly firmer greenback in early US trade with USD/JPY off by a mere 0.03% on the session. Weaker than expected GDP data out of China in overnight trade continues to weigh on broader ...
Switzerland's titanic struggle
The most surprising thing about last week's crossing of the 1.20 line on EUR/CHF last week was that it took so long to happen. Even though the SNB has downplayed the significance of it, it's unlikely to be the last battle between the markets and the ...
USD/CHF up ahead of US data
Risk-off and risk-on trade are alternating on Friday's session as there is still no definitive trend bias ahead of the inflation figures and the Michigan consumer sentiment index in the US due later on. As of writing, the cross is up 0.16% at 0.9129 ...
EUR/CHF Fundamental Analysis April 13, 2012, Forecast
The EUR/CHF is trading is holding at 1.2020 as it continues to push toward the SNB floor of 1.20.The pair fell again in today’s trading. There was no supporting data from Switzerland today.
EUR/CHF Forecast April 13, 2012, Technical Analysis
The EUR/CHF pair fell on Thursday as the markets went back into the Franc as the downward pressure continues. The 1.20 level is the “floor” in this market as the Swiss National Bank has stated. The market can’t be sold, as we are simply far too c
USD/CHF flat ahead of CPI and confidence
The greenback has advanced 0.17% against the Swiss franc, partially recovering from the previous days' loses. The latest MoM and YoY changes of the CPI and the Reuters/Michigan Consumer Sentiment Index will be released later ...
AUD/USD investors sidelined ahead of key China data
AUD/USD continues to hold steady below the recent 7-day high around the 1.0450 area after much better than expected employment data triggered strong Aussie dollar buying overnight. The pair is virtually unchanged so far ...
Swiss Franc Gains, SNB Ready to Maintain Ceiling
The Swiss franc rose today against the US dollar, following gains of the euro. The currency fluctuated against the euro, staying near the cap, but not breaking it.


