Intraday news and views – USD/CHF

AceTrader Team AceTrader

Intraday USD/CHF - 0.9644

Although dlr's weakness in NY on active cross- buying in CHF after Intraday rebound from 0.9625 (Europe) to 0.9684 suggests choppy trading below Monday's 1-week high at 0.9695 would continue, as long as 0.9620/25 holds, daily upside bias remains.

Buy again but above 0.9684 needed for 0.9695.
Below 0.9620 risks retrace. of rise from 0.9480 to 0.9605.

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AceTrader Team

AceTrader

Led by world-renowned technical analyst Wilson Leung, we have a team of 7 analysts monitoring the market and updating our recommendations and commentaries 24 hours a day.

AUD/USD holds 0.7000 as traders await RBA rate decision

AUD/USD extends its consolidation phase in the Asian session on Tuesday, trading just above 0.7000 ahead of the RBA rate decision. Meanwhile, the US Dollar sits near a two-month high as oil-driven inflation fears reaffirm Fed hike bets and continue to push US bond yields to multi-year highs. Moreover, the US-Iran standoff underpins the safe-haven buck and caps the currency pair.

USD/JPY consolidates near 157.50 as a bullish USD counters intervention risks

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Gold sees a dead cat bounce ahead of US jobs data

Gold bounces off eight-week lows at $4,110 early Tuesday, awaiting US JOLTS jobs data. The US Dollar enters bullish consolidation alongside US Treasury yields; Fed rate-hike bets persist. Gold confirms a falling wedge breakdown, while daily RSI stays bearish.

Hyperliquid pares gains as market focus shifts to tokenization assets

Hyperliquid (HYPE) faces intense selling pressure, declining nearly 2% on Tuesday after losing over 5% the previous day. The institutional demand for HYPE continues to fluctuate, risking a net-negative monthly flow in September. The technical outlook for HYPE warns of deeper losses as momentum starts to shift bearish.

India Gold market cautiously optimistic with approach of festive and wedding seasons

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Fed vs BoJ: Both hiked. The market only believes one of them – and the chart shows which

The Fed and the BoJ have just done something remarkably similar. Both central banks raised interest rates by 25 bps last week, both are confronting inflation risks, and both signal that future decisions will depend on incoming economic data.