USD/CHF Eyes Higher Targets on Treasury Yield Surge

Technical Analysis
In the 4-hour timeframe, USD/CHF maintains a primary bullish trend that began on September 30. After a brief pause last week, buyers resumed their push higher, breaking the resistance at 0.86634. The price subsequently cleared additional resistance levels at 0.86685 and 0.86750, reinforcing the upward movement. Immediate targets for the pair now stand at 0.86821, followed by 0.86937 and 0.87124.

Key Events to Watch
USD/CHF is likely to see volatility today as a series of important U.S. economic events unfold. A speech by a member of the FOMC could provide insights into the Federal Reserve's future policy direction, influencing the dollar's trajectory. Additionally, the release of existing home sales data for September, expected at approximately 3.88 million units, will offer clues on economic health and interest rate projections. The Crude Oil Inventory Report, including Cushing oil stock levels, might indirectly affect the dollar by influencing broader risk sentiment. Finally, the Beige Book report, detailing the economic conditions across various U.S. regions, will be a key determinant of the dollar's movement, potentially impacting the USD/CHF pair.

Fundamental AnalysisTechnical IndicatorsTrend Analysis

他のメディア:

免責事項