USD/CHF – Updated Analysis

Following up on the analysis of the dollar versus the Swiss Franc, there was a wick rejection of the 78.6 indicated in yesterday’s blog post but towards the end of the US session, the dollar gained strength ultimately pushing this pair above the trend line drawn. Revisiting the daily time frame above, we can seeContinue reading “USD/CHF – Updated Analysis”

USD/CHF – Technical Analysis

With the dollar on the back foot after the Fed’s new inflation policy as well as money being pumped into safe havens let us look at the safe haven pair USDCHF below. Starting on the daily time frame above we can see that the overall structure of this pair is bearish. We can see thatContinue reading “USD/CHF – Technical Analysis”

USD/CHF – Swiss Franc Technical Analysis

Welcome to another blog by AspireFX. Today we’ll be doing a top down analysis on the Swiss Franc versus the US dollar. With the Swiss Franc being a safe haven currency and there being talk of the dollar weakening in the second quarter, let us look at potential downside movement. With it being a publicContinue reading “USD/CHF – Swiss Franc Technical Analysis”