The US Dollar consolidates near highs with bears contained at 0.9075.
Easing geopolitical fears and monetary policy divergence are weighing on the Swiassie. USD/CHF: Support at 0.9075 is closing the path towards the key 0.8980 - 0.9000 area. The US Dollar regained lost ground on Friday, following a risk-averse reaction to Israel’s drone attack on Iran, and the pair has remained consolidating on Monday, with bears contained above 0.9075. A moderate risk appetite, amid ebbing geopolitical fears, and lower US Treasury yields have weighed on demand for the USD.
In this sense, Thursday’s US Q1 Gross Domestic Product and Friday’s PCE Prices Index will be analysed with particular interest. USD/CHF Price Analysis: Technical outlook Technical indicators show the bullish trend still active, with no clear sign of a trend shift in sight apart from some bearish divergence in the 4 H RSI. Immediate support at 0.9075 is closing the path towards the key 0.8980 - 0.9000 area, where the late-march lows and trendline support meet. On the upside, a break of 0.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
USD/CHF Price Analysis: Upswing stalls but found support nearby 0.9100The USD/CHF retreats from year-to-date (YTD) highs reached on Wednesday and drops below the 0.9100 figure as risk appetite improves.
Lire la suite »
USD/CHF Price Analysis: Consolidates above 0.9100 near YTD highsThe US Dollar posts minimal gains versus the Swiss Franc in the mid-North American session and gains 0.12%, trading at 0.9127 at the time of writing.
Lire la suite »
USD/CHF Price Analysis: Rising in a channelUSD/CHF is rallying in an ascending channel on the daily chart.
Lire la suite »
USD/CHF Price Analysis: A final obstacle for bulls to overcomeUSD/CHF was in a long-term downtrend until the pair found a floor at the end of 2023.
Lire la suite »
US Dollar Outlook & Sentiment Analysis: EUR/USD, GBP/USD, USD/CHFThis article offers a comprehensive review of retail sentiment on the U.S. dollar, focusing on three key popular pairs: EUR/USD, GBP/USD and USD/CHF. Additionally, we assess potential directional outcomes from the vantage point of contrarian signals.
Lire la suite »
USD/CHF IG Client Sentiment: Our data shows traders are now at their least net-long USD/CHF since Sep 26 when USD/CHF traded near 0.92.Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current USD/CHF price trend may soon reverse higher despite the fact traders remain net-long.
Lire la suite »