OctaFX | OctaFX Forex Broker
Abrir una cuenta

USD/CHF holds onto gains at 0.9672/73

FXstreet.com (Barcelona) - The USD/CHF managed to rebound successfully off of yesterdays tumble, mounting a steadfast recovery and chugging along this morning during European trading Friday.

In these moments, the pair is now trading at 0.9672/73, still up +0.27%, despite trading slightly off its highs at 0.9688. According to the Mataf.net technical analyst team, per a rise in the USD/CHF, the cross will encounter its next short-term resistances at 0.9713, followed by 0.9777, and 0.9844. Conversely, the pair is set to face calculated support at 0.9582, then 0.9515, and ultimately 0.9451.

“The USD/CHF is in great volatility but managed to stay positive. Levels 0.9610 halted the bullish momentum and brought positivity back, we think that stability above 0.9610 is enough to keep our positive expectations today. We should point out that watching the pair around 0.9770 levels as they determine the trend.” notes the ICN.com Technical Analyst team.

USD/JPY eases off session highs to 102.45/49

The USD/JPY pared most of yesterday’s losses overnight, recently capped at the 102.59 figure (session high), before easing back towards 102.45/49 in these moments during European trading.
Leer más Previous

Flash: EUR/USD to breakout below 1.2839 – Commerzbank

Karen Jones at Commerzbank, Head of Technical analysis explains that the EUR/USD has sold off to and is holding at 1.2839, the 78.6% retracement of the move from April. She said that while this may prompt a small pause in the down-move, they ultimately look for it to break.
Leer más Next
Start livechat