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USDCHFdaily page 001


The USD/CHF pair might rise in the medium-long term, according to the daily and weekly chart. The RSI oscillator on the daily chart is below 70, and this means that the USD/CHF will continue to rise. The price might form a triple top at 1.004, on the daily chart. The weekly chart also indicates that this pair is into an uptrend. The price has already reached EMA 50 (0.9780).

The most important data of this week:

October 3
US ADP Employment Change (+185k expectation); ( +163k previous)
October 5
Switzerland CPI MoM (+0.2% expectation); (0.00% previous)
YoY (+1.1% expectation); (+1.2% previous)
US NFP (+185k expectation); ( +201k previous)
Unemployment Rate (+3.8% expectation); (+3.9% previous)

USDCHFweekly chart page 0011


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