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Forex: USD/CHF trades higher to 0.9537/40 following SNB decision

The USD/CHF has traded unevenly on the heels of the SNB decision, which was unchanged, leaving the pair devoid of any large-scale sweeping movements. Indeed, the pair has not lost its grip on the 0.9500 level, and is trending higher after a brief setback in recent minutes towards 0.9523. In these moments however, the cross is trading positively at 0.9537/40, up +0.13%.

According to the ICN.com Analyst Team, “Prolonged stability above the 0.9375 level remains positive, however for today’s intraday trading we will count on stabilizing above 0.9465 levels to reiterate this outlook”

The team calculates the next resistances at the 0.9570 level, followed by 0.9610, and finally 0.9655. On the decline, a break lower towards the 0.9515 support will activate additional means of correction at 0.9495 and the 0.9465 region.

The Swiss National Bank decided to leave the minimum exchange rate unchanged at CHF 1.2000 relative to the euro on Thursday and “will continue to enforce it with the utmost determination,” as it is stated in the official document released after the decision was made known.

Forex: NZD/USD trading negatively at 0.8183/84

The NZD/USD crumbled overnight following a dovish RBNZ decision, as the pair lost its grip on the 0.8200 level. However, in the aftermath Thursday, the cross seems to be quit constrained, trading in a 40-pip range (0.8165-0.8205). At the time of writing, the pair is trading at 0.8183/84, down -0.04%.
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Forex Flash: What does the EUR/USD has to offer? – UBS and Commerzbank

The single currency is now extending another attempt of advance further on Thursday, after posting fresh 2013 in the vicinity of 1.2920/25 on Wednesday. Today’s second-tier docket in the euro area would leave...
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