Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Swiss Franc Trading Tad Lower In The Asian Session

By GCI FinancialForexJul 28, 2014 02:38AM ET
www.investing.com/analysis/swiss-franc-trading-tad-lower-in-the-asian-session-220762
Swiss Franc Trading Tad Lower In The Asian Session
By GCI Financial   |  Jul 28, 2014 02:38AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

USD/CHF Chart
USD/CHF Chart

On Friday, the USD rose 0.23% against the CHF and closed at 0.9046.

In the Asian session, at GMT0300, the pair is trading at 0.9049, with the USD trading marginally higher from Friday’s close.

The pair is expected to find support at 0.9025, and a fall through could take it to the next support level of 0.9002. The pair is expected to find its first resistance at 0.9063, and a rise through could take it to the next resistance level of 0.9078.

Amid a quiet week as to economic data from Switzerland, market participants would keenly await UBS Consumption and KOF Leading indicators, scheduled on Wednesday.

The currency pair is showing convergence with its 20 Hr moving average and is trading above its 50 Hr moving averages.

Swiss Franc Trading Tad Lower In The Asian Session
 

Related Articles

Al Brooks
EUR/USD Forming Minor Parabolic Wedge Top By Al Brooks - Apr 09, 2021

o    Bear bar after three small legs up in tight bull channel, so parabolic wedge top. o    Bears hope this is end of leg up in bear channel that began on Jan. 6, and want...

JFD Team
Is AUD/NZD Ready To Rebound Soon? By JFD Team - Apr 09, 2021

AUD/NZD traded lower and today during the European session, after it hit resistance at 1.0865. Overall though, the pair continues to balance above the upside support line drawn...

Swiss Franc Trading Tad Lower In The Asian Session

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: GCI Weekly Highlights is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be used as investment advice. GCI Financial Ltd. assumes no responsibility or liability from gains or losses incurred by the information herein contained.
Continue with Google
or
Sign up with Email