Where will CAD/CHF go?
Tag - chf
CHF/JPY is trading at the resistance line since September 2018 high. The upside is also limited by the 100-day MA at 108.85.
Take a look at the weekly chart of CAD/CHF. A longer-term trade idea may emerge from here.
On the daily chart, the pair has been rising.
Technical analysis of GBP/CHF
Technical analysis of CAD/CHF
On the daily chart of CAD/CHF, the pair is near the resistance of 0.7490.
AUD/CHF is trading within a long-term downtrend. Now there’s scope for a bullish correction.
The Australian dollar weakened because of the bigger-than-expected unemployment rate…
We have a lot of USD movers today with the speech by the Fed Chair and the release of the FOMC meeting minutes
Today, the euro shows a double-top pattern against the CHF, which may be used by the bears if the pattern is confirmed.
This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.