Free Trial

After seven consecutive sessions of....>

DOLLAR-SWISS
DOLLAR-SWISS: After seven consecutive sessions of gains, USDCHF charted a Doji
candle yesterday which is often seen as a sign of indecision and at the top or
bottom of a trend. USDCHF improved 2.82% off its Jan 10 low, before topping out
at Chf0.9990. Downside support is seen from the 55-dma at Chf0.9932, a break
opens a move towards Chf0.9904/03 which represents the 38.2% retracement of
Chf0.9542-1.0128 & 200-dma. Last Chf0.9975.   

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.