USDCHF under bearish pressure on expectations of more monetary stimulus from the United States. The markets are expecting the Federal Reserve will soon act to support the U.S. economy through the winter before vaccinations become available. The risk-on sentiment is also growing as the result of the earlier report that, China’s factory sector rose at the fastest pace in a decade in November. This is forcing the safe-haven USD longs to close their positions – adding to the pressure on the linked currency pairs – USDCHF and EURUSD. USDCHF is seen as the better outlet for USD bearishness as the pair is still some distance away from the next key support level 0.9000, while EURUSD is already a few pips to 1.2000.
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
USDCHF overview 01.12.2020
USDCHF falling on broad USD selling.
USDCHF under bearish pressure on expectations of more monetary stimulus from the United States. The markets are expecting the Federal Reserve will soon act to support the U.S. economy through the winter before vaccinations become available. The risk-on sentiment is also growing as the result of the earlier report that, China’s factory sector rose at the fastest pace in a decade in November. This is forcing the safe-haven USD longs to close their positions – adding to the pressure on the linked currency pairs – USDCHF and EURUSD. USDCHF is seen as the better outlet for USD bearishness as the pair is still some distance away from the next key support level 0.9000, while EURUSD is already a few pips to 1.2000.
Expect sellers on upward corrections.
Next support to watch – 0.9000
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
Открыть счет
Последние сообщения
BRENT 14.07.2023
14 июля 2023GOLD 14.07.2023
14 июля 2023EURUSD 13.07.2023
13 июля 2023NZDUSD 13.07.2023
13 июля 2023USDCAD 12.07.2023
12 июля 2023Категории
Метки