USD/CHF

Bullish bias above 0.9795

USDCHF

 


Stay on top of the markets with Swissquote’s News & Analysis


Pivot (invalidation): 0.9795

Our preference
Long positions above 0.9795 with targets at 0.9820 & 0.9845 in extension.

Alternative scenario
Below 0.9795 look for further downside with 0.9770 & 0.9755 as targets.

Comment
A support base at 0.9795 has formed and has allowed for a temporary stabilisation.

 

USD/CAD

Bullish bias above 1.3305

USDCAD

 

Pivot (invalidation): 1.3305

Our preference
Long positions above 1.3305 with targets at 1.3340 & 1.3370 in extension.

Alternative scenario
Below 1.3305 look for further downside with 1.3280 & 1.3255 as targets.

Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

 

AUD/USD

Turning up

AUDUSD

 

Pivot (invalidation): 0.6765

Our preference
Long positions above 0.6765 with targets at 0.6795 & 0.6805 in extension.

Alternative scenario
Below 0.6765 look for further downside with 0.6750 & 0.6735 as targets.

Comment
The RSI calls for a rebound.

 

USD/TRY

Watch 5.6970.

USDTRY

 

Pivot (invalidation): 5.6240

Our preference
Long positions above 5.6240 with targets at 5.6690 & 5.6970 in extension.

Alternative scenario
Below 5.6240 look for further downside with 5.6000 & 5.5760 as targets.

Comment
Technically the RSI is above its neutrality area at 50.

This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.

Recommended Content


Recommended Content

Editors’ Picks

GBP/USD clings to recovery gains above 1.3200, as BoE looms

GBP/USD clings to recovery gains above 1.3200, as BoE looms

GBP/USD sustains the recovery above 1.3200 in early Europe on Thursday, having found buyers near 1.3150. A fresh US Dollar pullback and a rebound in risk sentiment offer support to the pair ahead of the BoE policy announcements. 

GBP/USD News
EUR/USD holds higher ground above 1.1100, focus shifts to ECB-speak

EUR/USD holds higher ground above 1.1100, focus shifts to ECB-speak

EUR/USD is holding higher ground above 1.1100 in the early European session on Thursday. The pair is underpinned by the renewed US Dollar retreat, as traders digest the Fed's dovish outlook, bracing for ECB-speak for fresh trading incentives. US data are also eyed. 

EUR/USD News
Gold price jumps back closer to all-time peak, $2,600 remains in sight amid fresh USD weakness

Gold price jumps back closer to all-time peak, $2,600 remains in sight amid fresh USD weakness

Gold price regains positive traction following the previous day's pullback from the all-time peak and builds on its steady intraday ascent heading into the European session on Thursday. 

Gold News
BoE expected to keep interest rate unchanged at 5% as price pressures persist

BoE expected to keep interest rate unchanged at 5% as price pressures persist

After a close call in August, the Bank of England’s September interest rate decision is keenly awaited for fresh cues on the bank’s future policy action and the pace of its bond sales.

Read more
Bitcoin surges to $62,000 mark after 50 bps Fed rate cut

Bitcoin surges to $62,000 mark after 50 bps Fed rate cut

Bitcoin and Ripple eye for a rally as they break and find support around their resistance barrier. Meanwhile, Ethereum demonstrates signs of recovery as it approaches a critical resistance level, indicating that an upward rally could be on the horizon if it successfully breaks through.

Read more
Moneta Markets review 2024: All you need to know

Moneta Markets review 2024: All you need to know

VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.

Read More

Majors

Cryptocurrencies

Signatures