Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Back

1.2200 pulls EUR/CHF like a magnet

FXStreet (Moscow) - EUR/CHF is rangebound just below the pivotal level of 1.2200 after moving from intraday low at 1.2186.

EUR/CHF is at the crossroads

EUR/CHF finished Tuesday well below 1.2200 as the risk aversive sentiments had gipped the markets and supported the demand on so called safe heaven currencies. As we have already mentioned, traders do not hurry to buy Swissy as the SNB on the alert for excessive frank strengthening. They won’t let it go too high. Today we are waiting for the UBS consumer indicator to be published. It improved substantially in December, so if the January numbers show the positive dynamic, CHF may get a boost across the board. From the technical point of view, 1.2200 is the key resistance. If the cross manages to close above this level, 1.2210 will come into sight. The support comes at current Asian lows of 1.2186.

What are today’s key EUR/CHF levels?

Today's central pivot point can be found at 1.2197, with support below at 1.2181, 1.2171 and 1.2155 with resistance above at 1.2207, 1.2223 and 1.2233. Hourly Moving Averages are mostly bearish, with the 200SMA at 1.2210 and the daily 20EMA at 1.2227. Hourly RSI is neutral at 44.

AUD/USD clinching to 0.9000 like the devil

AUD/USD is consolidating back above 0.9000 after a brief dip below to the current Asian low at 0.8967 on the back of disappointing macro data.
Read more Previous

Gold hits new 3 month high

Gold has marginally broken above the US swing high at $1,343.00, recording a new 3-month high, level not seen since Oct 30, 2013.
Read more Next