Confirming you are not from the U.S. or the Philippines

Dengan memberikan pernyataan ini, saya mengaku dan mengesahkan bahawa:
  • Saya bukan seorang warganegara atau pemastautin A.S.
  • Saya bukan warga Filipina
  • Saya tidak memiliki secara langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah pemastautin A.S. dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berada di bawah pemilikan langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berafiliasi dengan warganegara atau pemastautin A.S. dalam terma Bahagian 1504(a) FATCA
  • Saya menyedari akan liabiliti saya kerana membuat pengakuan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah bergantung A.S. adalah sama dengan wilayah utama A.S. Saya memberi komitmen untuk mempertahan dan tidak mempertanggungjawabkan Octa Markets Incorporates, pengarah dan pegawainya terhadap sebarang sebarang tuntutan yang timbul dari atau berkaitan dengan sebarang pelanggaran pernyataan saya ini.
Kami berdedikasi terhadap privasi anda dan keselamatan maklumat peribadi anda. Kami hanya mengumpul e-mel untuk memberi tawaran istimewa dan maklumat penting tentang produk dan perkhidmatan kami. Dengan memberikan alamat e-mel anda, anda bersetuju untuk menerima surat sedemikian daripada kami. Jika anda ingin berhenti melanggan atau ada sebarang soalan atau masalah, tulis kepada Sokongan Pelanggan kami.
Octa trading broker
Buka akaun dagangan
Back

USD/CHF Price Analysis: Consolidates above 0.8600 ahead of US core PCE data

  • USD/CHF remains choppy above 0.8600 ahead of Fed’s preferred inflation tool.
  • The appeal for the US Dollar remains bearish as rate cut expectations by the Fed deepen.
  • USD/CHF may continue its downside journey towards 0.8555.

The USD/CHF pair trades in a tight range above the round-level support of 0.8600 in the European session. The Swiss Franc asset struggles for a direction as investors await the United States core Personal Consumption Expenditure price index (PCE) for November, which will be published on Friday.

S&P500 futures have added decent gains in the London session, portraying a revival in the risk-appetite of the market participants. The US Dollar Index (DXY) consolidates around 102.40 but downside remains favoured as bets in favour of early rate cuts from the Federal Reserve (Fed) have deepend.

Meanwhile, the Swiss Franc continues to perform well as the Swiss National Bank (SNB) is expected to keep policy rates restricted for the forseeable future.

USD/CHF has remained in the negative trajectory from last two months and is expected to extend its downside journey towards July 18 low around 0.8555. The 20-day Exponential Moving Average (EMA) at 0.8730 has been acting as a barricade for the US Dollar bulls. A potential resistance is plotted from December 4 low around 0.8666.

The Relative Strength Index (RSI) (14) has shifted into the bearish range of 20.00-40.00, which indicates that the momentum is in the downside direction.

Going forward, a  decisive break below December 19 low of 0.8593 would drag the asset towards July 18 low at 0.8555 and the psychological support of 0.8500.

On the flip side, a recovery move above December 18 high at 0.8711 would drive the asset towards December 06 high around 0.8750. A breach of the latter would open doors for more upside towards August 03 high at 0.8800.

USD/CHF daily chart

 

 

USD/CNY to see a moderate rise on a 12M horizon towards 7.40 – Danske Bank

USD/CNY has declined lately generally following the swings in the Dollar.
Baca lagi Previous

Iron ore prices unlikely to drop below $100 in 2024 – ANZ

Iron ore prices have risen more than 25% in the second half of 2023.
Baca lagi Next