| USDCHF is approaching the lower Bollinger Band on the daily chart, suggesting a potential mean-reversion move toward the 0.79 area amid a lack of strong directional drivers. The US dollar recently weakened in a risk-off environment, but the move lacks confirmation from bond market flows, indicating a possible short-term correction. At the same time, the Swiss Franc remains supported by safe-haven demand, although this trend could fade as markets fluctuate between risk-on and risk-off sentiment. Geopolitical developments, particularly around US-Iran tensions and the Hormuz Strait, remain a key driver for market sentiment. Traders are also watching US jobless claims data, which could provide further insight into the strength of the US economy. Trading is risky. #usdchf #forex #trading #fxmarket #usddollar #swissfranc #centralbanks #geopolitics #tradeoftheweek #cfdmarkets |
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
You Might Also Like
The USD is little changed vs the major currency pairs after the ups and downs yesterday
2026-03-10
USD mixed while yields edge lower; key technical levels guide trading bias in volatile markets.
The good news? Crude oil is -16% off the high.The bad news? It is 10% higher on the day
2026-03-09
What next technically for the price of crude oil?
US Non-farm Payroll takes center stage. What are the technicals telling traders?
2026-03-06
IN the video, I take a look at the EURUSD, USDJPY and GBPUSD from a technical perspective ahead of the Non-farm payroll, Retail sales, Fed speak and war headlines.
Gold technical analysis after Trump’s speech at Davos
2026-01-22
Risk on! Hey, but gold is also rising with the Nasdaq, how can that be? This technical map may guide why and where it’s going. Shown on Gold futures.
USDCAD Technicals: The USDCAD are having some victories technically. Can they continue?
2026-01-13
The USDCAD failed on the break of the 100 day MA last week (first break above 100 day MA since December 5) and is not breaking below the 100 hour MA too.
Tags: Featured,newsletter
