OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex: USD/CHF trades above 0.9300 and tests intra-day highs

FXstreet.com (San Francisco) - After bottoming at intra-day low at 0.9265, the USD/CHF has been trading in recovery mode with the pair advancing around 50 pips to trade above the 0.9300 region and test the intra-day high at 0.9310. Currently the pair is trading at 0.9307.

The USD/CHF is trading 0.42% above opening price. Pair is slightly bullish according to the FXstreet.com trend index. Indicators such as Momentum, CCI and MACD are bullish while the Stochastic is bearish in the 1-hour chart.

Above the 0.9310, next resistances are at 0.9330 and 0.9340. Supports are at 0.9300, 0.9285 and 0.9265.

Forex: US Dollar Index flat around 82.40

The US Dollar Index, which tracks the greenback against its major rivals, is trading almost unchanged on Monday in the area of 82.40/45, reflecting the lack of direction prevailing in the markets. Disappointing...
Read more Previous

Forex: GBP/USD breaches the 1.5300 handle

The sterling is closing the session in the red territory on Monday, dragged lower after a bout of risk aversion sent the cross to the area of 1.5285/90....
Read more Next
Start livechat