The USDCHF regained its bullish momentum yesterday topped at 0.9495. The bias is bullish in nearest term testing 0.9600. Immediate support is seen around 0.9450. A clear break below that area could lead price to neutral zone in nearest term testing 0.9400 – 0.9350 but any downside pullback now is normal and should be seen as a good opportunity to buy on dips.
I won’t be trading with FNIB, they have way too many bad reviews.
Hello
Thanks for the heads up, keep us updated. I will message you privately, I traded forex at FNIB and never had a problem. I would recommend them
Hello everyone,
It’s been a while since I have not done an update on the Swiss franc. I had given a goal of parity on the USDCHF in January and saw fundamental vis-à-vis the Fed and a likely reduction of its program of asset purchases later this year, this goal remains to date. I would even say there’s a good chance to see the Swiss franc falling below parity against the U.S. dollar this year if my predictions are confirmed in January. In this case, a breach of parity pave the way for a resumption of the USDCHF to 1.04.