USD/CHF

Caution.

USDCHF


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


Pivot (invalidation): 0.9935

Our preference
Long positions above 0.9935 with targets at 0.9955 & 0.9975 in extension.

Alternative scenario
Below 0.9935 look for further downside with 0.9920 & 0.9905 as targets.

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

 

USD/CAD

Towards 1.3210.

USDCAD

Pivot (invalidation): 1.3165

Our preference
Long positions above 1.3165 with targets at 1.3200 & 1.3210 in extension.

Alternative scenario
Below 1.3165 look for further downside with 1.3150 & 1.3135 as targets.

Comment
The RSI calls for a bounce.

 

AUD/USD

Watch 0.6860.

AUDUSD

Pivot (invalidation): 0.6895

Our preference
Short positions below 0.6895 with targets at 0.6870 & 0.6860 in extension.

Alternative scenario
Above 0.6895 look for further upside with 0.6915 & 0.6930 as targets.

Comment
The RSI advocates for further decline.

 

USD/TRY

Target 5.7810.

USDTRY

Pivot (invalidation): 5.7390

Our preference
Long positions above 5.7390 with targets at 5.7700 & 5.7810 in extension.

Alternative scenario
Below 5.7390 look for further downside with 5.7250 & 5.7090 as targets.

Comment
The RSI advocates for further advance.

This report has been prepared by AC Markets 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 AC Markets personnel at any given time. ACM 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.

Analysis feed

Latest Forex Analysis

Editors’ Picks

GBP/USD soars past 1.2900 as Farage gives additional boost to Conservatives

GBP/USD has leaped above 1.29, the highest since early November, as the Brexit Party has failed to field candidates in 43 additional seats, facilitating a victory for PM Boris Johnson.

GBP/USD News

EUR/USD advances 1.10 amid upbeat trade headlines, after mixed US retail sales

EUR/USD is trading closer to 1.1050, up on the day. US Commerce Secretary Ross has expressed optimism about reaching a deal with China. The Retail Sales Control Group met expectations with 0.3%.

EUR/USD News

USD/JPY clings to gains near session tops, around 108.70 post-US data

The USD/JPY pair maintained its strong bid tone near session tops and had a rather muted reaction to the mixed US economic data.

USD/JPY News

US Dollar Index challenges weekly lows near 98.00

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main rivals, is now accelerating the downside and threatens to test the key support at 98.00 the figure.

US Dollar Index News

Trump Impeachment: Markets will not like any replacement

The public phase of the impeachment hearings against President Donald Trump has kicked off, with the US public and parties divided more than ever. How does it affect markets?

Read more

Forex Majors

Cryptocurrencies

Signatures