OctaFX | OctaFX Forex Broker
Open trading account

USD/CHF crashes to session lows at 0.9600 level

FXstreet.com (Barcelona) - After trading as high as 0.9791 earlier today (session high), the USD/CHF has utterly collapsed during European trading Wednesday, crashing through calculated support.

With some key economic data slated for release later at 12:00 GMT in Germany, the pair was seen incurring a loss of -1.65% off its opening, while settling at 0.9605/11 in these moments, establishing fresh intraday lows. Should the losses continue, Mataf.net analysts identify the next short-term supports at 0.9549 (after a previous drop below support at 0.9675 and 0.9602).

EUR/USD in highs around 1.2960/70

The renewed weakness in the greenback is fuelling the current bull run in the EUR/USD on Wednesday, climbing to the boundaries of 1.2970 from session lows around 1.2840...
Read more Previous

GBP/USD eases off recent high to 1.5088/90

A quick surge to the 1.5120 level (intraday high) proved to be short-lived Wednesday, after the pair quickly erased a portion of this temporary spike.
Read more Next
Start livechat