USD/CHF to extend its race highe towards the 0.9672 mark – Credit Suisse USDCHF Banks
“USD/CHF has recently broken above a cluster of medium-term levels and managed to close last week above the 200-week moving average at 0.9521. Supported by the weekly MACD also surging higher, we expect this breakout to signal further medium-term strength up to the 61.8% retracement of the 2019/2021 downtrend at 0.9672 initially.”
“A quick move back below 0.9473/13 would warn of a false breakout and see scope for the market to mean-revert back to the middle of the prior range, around the 0.93/92 level.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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.
Credit Suisse investor rebellion over climate action grows ahead of annual meetingA group of Credit Suisse investors pushing for faster climate action at the Swiss bank has more than doubled in size, raising pressure on its board ahead of its annual shareholder meeting on Friday.
Lire la suite »
Credit Suisse loves these tech stocks, says 3 have upside of more than 130%Credit Suisse has named a raft of tech stocks it believes will outperform, saying all of them have more than 40% potential upside.
Lire la suite »
Credit Suisse Reports Quarterly Loss, Reshuffles Management Team as Litigation Costs BiteCredit Suisse on Wednesday reported a net loss for the first quarter of 2022 and announced a management reshuffle.
Lire la suite »
First credit card ‘by conservatives for conservatives’ hits marketWhat’s in your wallet is probably a credit card that supports an array of left-wing causes — Rob Collins wants that to change.
Lire la suite »
HSBC profit falls on credit charges as economic outlook worsensHSBC's profit fell by less than expected in the first-quarter but Europe's biggest bank warned that more share buybacks were unlikely this year as rising inflation and economic weakness had dented its prospects.
Lire la suite »
The Democratic Senator who killed Biden's child tax credit has a soaring approval ratingDemocratic Senator Joe Manchin is largely responsible for killing Biden's child tax credit extension. But his poll numbers are soaring.
Lire la suite »