Switzerland Peps Up SMEs

2025-03-18

The sight deposits at the SNB increased by 4.4 billion francs compared to the previous week.

2024-10-23

The US Dollar rolls through markets and strengthens against most major G20 currencies.
US equities are falling further while markets calibrate the new normal for the Fed interest-rate outlook. 
The US Dollar index adds even more gains to its October rally and trades in a crucial technical area. 
The US Dollar (USD) speeds up its rally this Wednesday just ahead of the US Opening Bell, fueled by uncertainty ahead of the US presidential election and safe-haven inflow after equities extend their downbeat performance. Meanwhile, US bonds are continuing to sell off, which means US rates are surging with the US 10-year benchmark having rallied from 4.07% on Monday to 4.23% on Wednesday. The King Dollar is back on the scene and might even accelerate further as uncertainty

2024-10-16

USD/CHF is trading in a mini-range after pulling back from new highs. 
This is probably a pause before the pair goes to new highs. 
USD/CHF is consolidating within its short-term uptrend in what is likely to be a temporary pull back before the market goes higher again.

The pair is probably in a short-term uptrend now given the rising sequence of peaks and troughs since it broke out of the range-bound consolidation in August and September. 

USD/CHF 4-hour Chart 

USD/CHF will probably reach the target generated after it broke out of the range, at 0.8680, the 100% Fibonacci (Fib) extrapolation of the height of the range higher. A break above 0.8641 (October 14 high) would provide confirmation. A break above that level could lead to a further extension to the 0.8750

2024-10-14

USD/CHF continues rising and might have established a medium-term uptrend. It is likely to continue higher although it is potentially overbought and a downside gap risks closing. 

2024-10-01

USD/CHF is rising within a range-bound market. 
It has encountered resistance at a cluster of MAs but will probably continue higher.
USD/CHF is rising up within its sideways range. It has reached a cluster of major Moving Averages which are providing firm resistance. 

USD/CHF 4-hour Chart 

The trend is neither up nor down but rather sideways and so the oscillating character of the market is likely to extend, given the principle that “the trend is your friend.”

The blue Moving Average Convergence Divergence (MACD) momentum indicator line recently crossed above the red signal line, providing a buy signal. MACD is a more reliable indicator within sideways markets. 

USD/CHF will probably continue higher. A break above the 0.8480 high would lead to an extension up to

2024-09-27

USD/CHF is trading lower within a range formed since August. 
It is in a sideways trend and a decisive breakout would be required to give directionality. 
USD/CHF continues trading up and down within a range. It is probably in a sideways trend, which given the principle that “the trend is your friend” is likely to endure.

USD/CHF 4-hour Chart 

USD/CHF is currently moving down within the range and it will probably reach at least as far as the 0.8415, the September 25 lows. A particularly bearish move might even fall to the 0.8400 floor. After that it will probably recover and continue the sideways trend. 

The Moving Average Convergence Divergence (MACD) momentum indicator is below the signal and the zero lines indicating bearishness. 

A decisive break out of the