Usd/Chf

[truman]

Sell look reasonable when Franc reaches support 0.965 No space for Buy

[Gamabunta]

General bullish tendency will remain in place and likely in the coming period with the support of 50 EMA, the next target is at 0.9900, while to achieve stability requires above the level of 0.9615.

[Gamabunta]

Despite the downward tendency that appears to the dollar against the franc pair with the start of trading today, however, that the closure of the daily candle that has been made yesterday, above the level of 0.9725 reinforcing expectations upside in the short term, in terms of price now affected by the negativity on Stochastic and is trying to gather positive momentum enough to pay the price for the resumption of the bullish tendency again.

[BADAR]

yeah my dear friendssssssssss................USD/CHF. The bias is neutral in the short term, with potential of trading range between 0.9405-0.9450. Break back above the 0.9450 area could potentially trigger the sustainability of bullish movement retest the 0.9480 area or even the 0.9500 area. Conversely, a break below the 0.9405 area will restore the price under bearish pressure testing the 0.9375 area before targeting the key support area at 0.9345.

[Gamabunta]

The dollar against the franc pair traded positively marked yesterday's close to our main first at 0.9725, with the reminder that we are waiting to break through this level to confirm open the way towards the summit recorded in advance at 0.9900.

Thus, the upward trend will remain in place and effective in the coming period with the support of the MA 50, with reference to the current negativity on Stochastic may cause some temporary volatility side before the resumption of the proposed increase, which requires sustained stability above 0.9615 - 0.9585 levels.

[Julien Ghali]

Retail Sales gauges the change in the aggregate value of sales at the retail level across the country. It is an important indicator of consumer spending accounting for the majority of overall economic activity.

A reading that is stronger than forecast is generally supportive (bullish) for the AUD, while a weaker than forecast reading is generally negative (bearish) for the AUD.

[Gamabunta]

Approached the dollar against the franc from our main first expected at 0.9725, but it starts today Askew bearish significantly laboratory pivotal support of 0.9615, where the price is affected by the negativity on Stochastic, but we note that the SMA 50 continue to protect the proposed positive scenario in the last of our reports, which depends on stability above the 0.9580 and 0.9525 levels.

[Gamabunta]

We point out that the breach of 0.9570 and then 0.9525 price will return to the track corrective bearish again and stop the current bullish wave.

[Julien Ghali]

The Chicago Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms around the Chicago area. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. The Chicago PMI can be of some assistance in forecasting the ISM manufacturing PMI.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

[Gamabunta]

Fluctuating dollar against the franc on the level of 0.9615, while the moving average is an 50 ground support good instantaneous support the continuation of the bullish tendency in the coming period, where we note that the stochastic gets rid of passivity and gain positive momentum on the time frame of four hours, which supports the chances of resuming the bullishness which next goal resides at 0.9725 and extends to 0.9900.