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25 Nov 2013
USD/CHF edges towards 0.9100
FXstreet.com (Barcelona) - USD/CHF pushed higher overnight from a low of 0.9061, climbing throughout the overnight session to where it is currently trading at 0.9094, up 0.21% on the days trading.
USD/CHF led higher by morning risk off sentiment
With a quiet morning economic docket, USD/CHF has followed market sentiment following a weekend which saw the US and Iranian governments strike a deal which could ease sanctions on Iranian oil production. Further, the risk off tone was supported by a speech from the BoJ Governor Kuroda who stated that the bank remains committed to meeting the 2% inflation target. This saw JPY weaken against USD. This morning has seen Swiss Employment Level QoQ Q3 data miss expectations at 4.196m/4.197m.
What are today’s key USD/CHF levels?
The central pivot point is located at 0.9097 with support found at 0.9043 (S1), 0.9013 (S2) and 0.8959 (S3). Ahead, resistances for this pair can be found at 0.9127 (R1), 0.9181 (R2) and 0.9211 (R3). The price range 0.9091-0.9057 shows several technical levels clustering today.
USD/CHF led higher by morning risk off sentiment
With a quiet morning economic docket, USD/CHF has followed market sentiment following a weekend which saw the US and Iranian governments strike a deal which could ease sanctions on Iranian oil production. Further, the risk off tone was supported by a speech from the BoJ Governor Kuroda who stated that the bank remains committed to meeting the 2% inflation target. This saw JPY weaken against USD. This morning has seen Swiss Employment Level QoQ Q3 data miss expectations at 4.196m/4.197m.
What are today’s key USD/CHF levels?
The central pivot point is located at 0.9097 with support found at 0.9043 (S1), 0.9013 (S2) and 0.8959 (S3). Ahead, resistances for this pair can be found at 0.9127 (R1), 0.9181 (R2) and 0.9211 (R3). The price range 0.9091-0.9057 shows several technical levels clustering today.