FXstreet.com (Barcelona) - From early Asian morning, the USD/CHF fell down to 0.9216 low but regained 30 pips to 0.9246. However, as the market approaches the European opening, the pair has been easing again to flat on the day.
At 09:00 GMT, the ZEW survey for Switzerland will release its Expectations figure for October. In September, it was registered at -34.9. Meanwhile in Spain, as Moody's affirms the Baa3 sovereign rating and investors speculate over an emergency credit line and an eventual aid request to trigger the OMT programme, Spanish 10-year yields are falling, now at 5.63%.
“We notice the TD perfection set up on the 240 minute chart and the slow stochastics turning higher on the same chart”, wrote Commerzbank analyst Karen Jones, suggesting a rebound in near term and resistance at 0.9307/23 ahead of 0.9438, the October high.
At 09:00 GMT, the ZEW survey for Switzerland will release its Expectations figure for October. In September, it was registered at -34.9. Meanwhile in Spain, as Moody's affirms the Baa3 sovereign rating and investors speculate over an emergency credit line and an eventual aid request to trigger the OMT programme, Spanish 10-year yields are falling, now at 5.63%.
“We notice the TD perfection set up on the 240 minute chart and the slow stochastics turning higher on the same chart”, wrote Commerzbank analyst Karen Jones, suggesting a rebound in near term and resistance at 0.9307/23 ahead of 0.9438, the October high.
