The Swiss franc (CHF)

USDCHF struggles for bids The US dollar tried to stabilise after the recent sell-off in global markets, which saw the pair drop over 400 pips. An oversold RSI on the daily chart is a significant sign of exhaustion and could cause a…
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USDCHF stuck in a channel The US dollar sank further as USD inflation woes weigh heavy, and the Fed is expected to start trimming rates this year. On the chart, sentiment has turned from cautious to highly bearish. A move below this…
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USDCHF bounces back The CHF softened as the greenback moved over 100 pips to break the 0.8900 level. After a progressive rally for most of the past month, a sharp turnaround saw buyers step back into the frame. Bulls must clear the next…
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EURJPY bounces higher The euro remains choppy after the recent European elections caused a stir. On the chart, sentiment remains upbeat as the price grinds along the 20-day SMA. The single currency has consolidated gains after clearing…
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AUDUSD struggles to bounce The Australian dollar faltered after Q2’s CPI fell short of expectations. After hitting resistance and forming a double top at 0.6900, the pair has sought to secure a foothold. While some profit-taking has…
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