22 Aug 2013
USD/CHF is breaking 0.9240 support
FXstreet.com (Barcelona) - USD/CHF has testing the support that had been holding the pair overnight.
USD/CHF in NA is offered and looking heavy, with eye’s for 0.9220 support as the dollar is giving back gains across the board. The pair has suffered The results of the initial jobless claims at 336K vs consensus 322k, so a slightly disappointing which takes the pair slightly. The annual Jackson Hole conference for central bankers also starts today. However, there No prominent Fed speakers that are scheduled, so there shouldn’t be any new insight into Fed's monetary policy thinking.
USD/CHF found support at .9147, slightly above the June
through at .9130. Failure there will target the February low at .9023. The 20 DMA is 9266, the 50 DMA is .9358 and the 200 DMA is .9348. RSI (14) reads 62.2. Supports are ascending from .9056, .9147 .9199 .9219. Spot is .9245 while resistances are .9255, .9288, .9301 and .9313.
USD/CHF in NA is offered and looking heavy, with eye’s for 0.9220 support as the dollar is giving back gains across the board. The pair has suffered The results of the initial jobless claims at 336K vs consensus 322k, so a slightly disappointing which takes the pair slightly. The annual Jackson Hole conference for central bankers also starts today. However, there No prominent Fed speakers that are scheduled, so there shouldn’t be any new insight into Fed's monetary policy thinking.
USD/CHF found support at .9147, slightly above the June
through at .9130. Failure there will target the February low at .9023. The 20 DMA is 9266, the 50 DMA is .9358 and the 200 DMA is .9348. RSI (14) reads 62.2. Supports are ascending from .9056, .9147 .9199 .9219. Spot is .9245 while resistances are .9255, .9288, .9301 and .9313.