15 Nov 2013
USD/CHF marches slowly into European open
FXstreet.com (Barcelona) - Having moved within a 18 pip range throughout the Asian and early European sessions, posting a high at 0.9183 and a low at 0.9165, USD/CHF is presently trading at 0.9176, up 0.17% on the day.
USD/CHF to be lead by EUR sentiment this morning?
With little in the way of direct economic events this morning which can drive the pair, USD/CHF may take its cue from EUR sentiment, with EU CPI due at 10:00 GMT. YoY expectations are for 0.7%, down from 1.1% in September, and MoM -0.1%, down from 0.5% in September. Later in the US session, US Industrial Production represents that only significant data point.
What are today’s key USD/CHF levels?
The central pivot point is located at 0.9158. Pivot supports for this pair are to be found at 0.9126 (S1), 0.9093 (S2) and 0.9061 (S3). Conversely, daily pivot resistances for this pair are to be found at 0.9191 (R1), 0.9223 (R2) and 0.9256 (R3).Special attention should be paid to the price range 0.9175-0.9209 where several technical levels are confluent today.
USD/CHF to be lead by EUR sentiment this morning?
With little in the way of direct economic events this morning which can drive the pair, USD/CHF may take its cue from EUR sentiment, with EU CPI due at 10:00 GMT. YoY expectations are for 0.7%, down from 1.1% in September, and MoM -0.1%, down from 0.5% in September. Later in the US session, US Industrial Production represents that only significant data point.
What are today’s key USD/CHF levels?
The central pivot point is located at 0.9158. Pivot supports for this pair are to be found at 0.9126 (S1), 0.9093 (S2) and 0.9061 (S3). Conversely, daily pivot resistances for this pair are to be found at 0.9191 (R1), 0.9223 (R2) and 0.9256 (R3).Special attention should be paid to the price range 0.9175-0.9209 where several technical levels are confluent today.