OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/CHF: potential pullbacks could test 0.9533/27 – Commerzbank

FXStreet (Edinburgh) - In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, spot could visit the 0.9533/27 area.

Key Quotes

USD/CHF continues to oscillate around the 55 day ma at .9700. Given the 2001-2015 downtrend lies at .9855 – we are neutral but would allow for stabs lower”.

“The market has dropped briefly below .9645 – failure here will trigger a slide back to the 200 day ma and the recent low at .9533/27”.

EUR/JPY powerful rally threated

EUR/JPY powerful rally threated
Read more Previous

AUD/JPY: Bulls dominate, heading towards 100-DMA

The cross in the AUD/JPY prolongs its upward trajectory for the eighth consecutive session on Friday and aims to test the 100-DMA upside barrier now located at 89.27.
Read more Next
Start livechat