OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/CHF could test 0.9361/0.9260 – Commerzbank

FXStreet (Edinburgh) - Karen Jones, Head of FICC Technical Analysis at Commerzbank, still sees the possibility of the pair to test the 0.9361/0.9260 band in the near term.

Key Quotes

USD/CHF no change, the market still oscillates around the 200 day ma at .9515 and the near term risk remains for losses to the .9361/.9260 five month support line and recent low, from where we would expect to see signs of recovery”.

“Rallies will find initial resistance at the .9646 13 October high”.

USD/JPY appears supported at 118.80 – OCBC

FX Strategist at OCBC Bank Emmanuel Ng noted the pair remains well supported around 118.80 for the time being...
Read more Previous

EUR/USD drops as equities rise after softer start

The EUR/USD pair fell to 1.1350 levels as the European equities advanced after a softer start, while the treasury and German bund yields rose.
Read more Next
Start livechat