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27 Mar 2014
USD/CHF net on the day
FXStreet (Guatemala) - USD/CHF has moved in on the downside and we are net on the session, with highs 0.8872 an lows 0.8841. Spot trades 0.8848 at time of writing.
Meanwhile, the US came back with Initial Jobless Claims 311k vs 325k consensus and Continuing Jobless Claims 2.823m vs 2.875m consensus. PCE was noted .1% better than expected as well.
Recent Fed speak
Meanwhile, strategists at Rabobank pointed out that we had Fedspeak that saw Plosser argue that the US economy is in a “Pretty good place”. “He also backed QE ending in autumn, while the second speaker, Bullard, saw a bit more ambiguity on that front”.
USD/CHF Levels
The 20 DMA is 0.8801, the 50 DMA is 0.8907 and the 200 DMA is 0.9107. RSI (14) reads 59.28. Supports are ascending from 0.8787, 0.8801, 0.8813 and 0.8834. Spot 0.8848 while resistances are 0.8870, 0.8880, 0.8895 and 0.8930
Meanwhile, the US came back with Initial Jobless Claims 311k vs 325k consensus and Continuing Jobless Claims 2.823m vs 2.875m consensus. PCE was noted .1% better than expected as well.
Recent Fed speak
Meanwhile, strategists at Rabobank pointed out that we had Fedspeak that saw Plosser argue that the US economy is in a “Pretty good place”. “He also backed QE ending in autumn, while the second speaker, Bullard, saw a bit more ambiguity on that front”.
USD/CHF Levels
The 20 DMA is 0.8801, the 50 DMA is 0.8907 and the 200 DMA is 0.9107. RSI (14) reads 59.28. Supports are ascending from 0.8787, 0.8801, 0.8813 and 0.8834. Spot 0.8848 while resistances are 0.8870, 0.8880, 0.8895 and 0.8930