Swiss franc news

Latest trading recommendations. Free delayed updates: posted at 12.00 GMT, 08.00 EST) July 29th 2010

Dollar-Swiss has fallen in the European session today and is currently trading below 1.0450. We see 1.0450-00 to be a good Support region which may hold followed by some upmove in the coming sessions over today and tomorrow. Please note that 1.0447 is the suggested Max Low for the day.

FXstreet.com (Barcelona) - The Swiss Franc advanced aggressively on Thursday, developing a... For more information, read our latest forex news.

GBP/USD Buy @ 1.5645 ( Stop/Limit/Market Order) Set Stop Loss @ -40pip Set Profit Target @ 50 pips

FXstreet.com (Barcelona) - The Swiss Franc is on the rise for a second straight day on Thursday,... For more information, read our latest forex news.

EUR/USD Buy at 1.2988 SL 1.2956 TP 1.3065 USD/JPY Sell at 87.30 87 87.62 TP 86.58 GBP/USD Buy at 1.5591 SL 1.5559 TP 1.5679 USD/CHF Sell at 1.0578 SL 1.0610 TP 1.0494

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USD/CHF closed higher due to short covering on Wednesday but remains below the 20-day moving average crossing. The mid-range close sets the stage for a steady opening on Thursday.

Being contained by 1.0675 key resistance, USDCHF pulled back from 1.0639, however, another rise towards 1.0675 is still possible, a break of this level will indicate that the downtrend started from 1.1730 (Jun 1 high) had completed at 1.0394 already, then longer term target would be at 1.0900 area.

USDCHF Forecast The USDCHF failed to continue its bullish correction yesterday but still able to move above 1.0560/40 support area so far. The bias is neutral in nearest term. Consistent move below 1.0560/40 and a break below the trendline support (red) could end the upside correction testing 1.0500 – 1.0480 before targeting 1.0399 key support [...]

FXstreet.com (Barcelona) - The Japanese yen continues to appreciate against other majors this... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Swissy was lifted up against the Greenback at the US opening bell,... For more information, read our latest forex news.

Update on supports and resistances.

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"We continue to hold our morning view on the pair." Dollar-Swiss honoured the 200 DMA Resistance (1.0643) and is currently trading lower. We see chances of the pair move down towards 1.0550-00 in the coming sessions over today and tomorrow, followed by another rally towards 1.0600-50 over the next couple of days. We see good chances of the pair hoouring the Support at 1.0550-00 and going long at t…

The inability of European stock market indices to hold their opening gains this morning suggest that underlying doubts about the global economic backdrop are proving difficult to shrug off. In line with the easing in stocks, the yen and the Swiss franc have won back a little ground today.

Latest trading recommendations. Free delayed updates: posted at 12.00 GMT, 08.00 EST) July 28th 2010

The inability of European stock market indices to hold their opening gains this morning suggest that underlying doubts about the global economic backdrop are proving difficult to shrug off. In line with the easing in stocks, the yen and the Swiss franc have won back a little ground today. In recent sessions, there were a number of signs of confidence ebbing back into the markets.

USDCHF's bounce from 1.0394 extended to as high as 1.0639 level. Further rally is still possible later today and target is to test 1.0675 key resistance, a break of this level will indicate that the downtrend started from 1.1730 (Jun 1 high) had completed at 1.0394 already, then longer term target would be at 1.0900 area.

GBP/USD Buy @ 1.5589 ( Stop/Limit/Market Order) Set Stop Loss @ -40pip Set Profit Target @ 50 pips

GBP/JPY BUY @137.20 SL136.24 TP138.50 SELL @136.24 SL137.20 TP136.06

FXstreet.com (Barcelona) - The Dollar is building up downside momentum against the Swiss Franc,... For more information, read our latest forex news.

Risk correlated trades had a strong showing yesterday as banking stocks rallied and concerns over the inadequacies of the Stress Test dissipated. The USD lost ground to both the GBP and EUR while longs in JPY and CHF were equally cut. Risky trades continued to benefit throughout the trading day in spite of US Consumer confidence data coming in negative. We especially like the appreciation we saw i…

FXstreet.com (Barcelona) - The Swissy is forming a corrective leg, aiming to gain some dignity... For more information, read our latest forex news.

FXstreet.com (Barcelona) - Dollar rally from 1.0395 low on July 22 extended higher on Tuesday, with... For more information, read our latest forex news.

Yesterday's mixed trading session didn't confirm the current market direction and left us wondering what's going to be the next big move. With most of the pairs trading at recent highs, there is some hesitation in some of the other pairs - EUR/USD, USD/CHF, USD/JPY and USD/CAD. Will the current levels turn out to be the point at which the market reverses or will we see another push? In today's ana…

EUR/USD Buy at 1.2973 SL 1.2941 TP 1.3050 USD/JPY Buy at 87.68 SL 87.36 TP 88.40 GBP/USD Buy at 1.5564 SL 1.5532 TP 1.5652 USD/CHF Sell at 1.0622 SL 1.0654 TP 1.0538

FXstreet.com (Barcelona) - Euro sharp rally found a 6-week high at 1.3795 on Tuesday, after the... For more information, read our latest forex news.

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USDCHF's bounce from 1.0394 extended to as high as 1.0639 level. Further rally is still possible later today and target is to test 1.0675 key resistance, a break of this level will indicate that the downtrend started from 1.1730 (Jun 1 high) had completed at 1.0394 already, then longer term target would be at 1.0900 area. However, as long as 1.0675 resistance holds, the price action in the trading…

USD/CHF closed lower on Tuesday and below the 20-day moving average crossing confirming that a short-term top has been posted. The low-range close sets the stage for a steady to lower opening on Wednesday.

USDCHF Forecast The USDCHF finally broke above the range area, topped at 1.0640 and closed at 1.0599. This bias is bullish in nearest term testing 1.0675 and 1.0750 area but note that the major trend remains bearish. Immediate support at 1.0560/40 region. Break below that area could lead us into neutral zone in nearest term [...]

• Dollar Climbs for the First time in Four Days but Underlying Sentiment Trends are Still Flat • Euro Rallies against the Swiss Franc and Japanese Yen as Consumer Lending Conditions Improve • British Pound Rallies after Retail Sales Report Supports Positive Growth Trends into 3Q • Australian Dollar Traders Still Heavily Invested in Rate Speculation and Inflation Pressures &bull…

FXstreet.com (Barcelona) - The Swiss franc partially recovered from choppy trading against the... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Euro common currency jumped nearly 200 pips against the Swiss franc... For more information, read our latest forex news.

Today, the Japanese yen fell across the board throughout the Asian and European session, and has so far held those gains in the US session. The GBP/JPY is breaking out of congestion as well as the EUR/JPY. There is a pullback in the USD/CAD, and there is a rally in the USD/CHF to establish a bottom. I will also follow up with developments in the EUR/GBP and XAU/USD Gold.

FXstreet.com (Córdoba) – The Dollar is posting the biggest daily gain in two months against the... For more information, read our latest forex news.

Update on supports and resistances.

The euro hit an 11-week high against the dollar and a seven-week high against the yen on Tuesday as solid bank earnings lifted equities and encouraged investors to take on more risk. Strong earnings from Swiss bank UBS (UBSN.VX) helped lift European shares .FTEU3, with banking stocks .SX7P leading the gains and supporting the market's relief over the results of last week's European bank stress tes…

4H: Following up with yesterday's update, "Assessing Possible Bottom", indeed a rally emerged from the 50 period moving average in the 4H chart. The rally is strong, so the projected path of the rally from yesterday's post should be revised.

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Dollar-Swiss moved up to touch a high of 1.0602 in the European session today and is currently trading lower.We see good chances of the pair honouring the Resistance at 1.0600-30 followed by a downmove towards 1.0500-450 in the coming sessions over today and tomorrow. The projected max high and max low for the day is 1.0612 and 1.0471 respectively.

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Latest trading recommendations. Free delayed updates: posted at 12.00 GMT, 08.00 EST) July 27th 2010

Despite holding above the 1.3000 level for some hours this morning, the EUR is lacking the momentum to push above USD1.3020. The EUR has fared well vs the CHF and for the most part vs both the JPY and the GBP. Cable is meeting solid resistance at the USD1.5530 level despite the strong reading in the CBI retail survey.

Despite holding above the 1.3000 level for some hours this morning, the EUR is lacking the momentum to push above USD1.3020. The EUR has fared well vs the CHF and for the most part vs both the JPY and the GBP.

The dollar rose 1 percent on the day versus the Swiss franc on Tuesday, as the Swiss currency came under pressure on a broad upturn in risk sentiment and traders targeted option structures at 1.0600 francs.

FXstreet.com (Barcelona) - The Swissy crushed against the Cable on Tuesday, loosing nearly 200 pips... For more information, read our latest forex news.

EUR/USD Buy @ 1.2984 ( Stop/Limit/Market Order) Set Stop Loss @ -40pip Set Profit Target @ 50 pips

FXstreet.com (Barcelona) - Euro rally from 1.3344 (July 22 low) extended further up on Tuesday,... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Dollar is soaring against the Swiss Franc during Tuesday's European... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Euro had a substantial rise against the Swissy on Tuesday, breaking... For more information, read our latest forex news.

EUR/USD Sell at 1.3020 SL 1.3052 TP 1.2943 USD/JPY Buy at 86.91 SL 86.59 TP 87.63 GBP/USD Sell at 1.5527 SL 1.5559 TP 1.5439 USD/CHF Buy at 1.0483 SL 1.0451 TP 1.0567

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FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.

USD/CHF closed lower on Monday and below the 10-day moving average crossing signalling that a short-term low is in or is near. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are overbought, diverging and are turning bearish hinting that sideways to lower prices are possible near-term.

USDCHF Forecast As you can see on my h4 below, the USDCHF is moving inside a rectangle area indicating consolidation after significant bearish momentum. We need a break from the range area to see clearer direction. Break above 1.0560 could trigger further bullish pullback testing 1.0650/70 while a break below 1.0399 could continue the major [...]