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.
Cancel Confirm
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
28 Feb 2020

USD/CHF Price Analysis: Dollar trading off 17-month lows, remains vulnerable vs. Swiss franc

  • USD/CHF is bouncing from its lowest point since September 2018.
  • As the up move can be short-lived, the level to beat for bears remains the 0.9680 level
 

USD/CHF daily chart

 
USD/CHF is trading below the main daily simple moving averages suggesting an overall bearish momentum in the long term. The spot bounced from 17-month lows however, the sellers should remain in control. 
 

USD/CHF four-hour chart

 
USD/CHF is consolidating the weekly losses below the 0.9700 figure and the main SMAs on the four-hour chart. Although a correction above 0.9700 cannot be ruled out, the market remains vulnerable to the downside on a break below the 0.9660 level. Potential downside targets could be seen near the 0.9630 and 0.9580 levels while resistance can be expected near 0.9700 and 0.9730 levels. 
 
  
Resistance: 0.9700, 0.9730, 0.9770
Support: 0.9660, 0.9630, 0.9580
 

Additional key levels

 

Feb 28, 2020

NY Fed's GDP Nowcast edges higher to 2.1% from 2% for first quarter of 2020

The US economy is expected to expand by 2.1% in the first quarter of 2020, the Federal Reserve Bank of New York's latest Nowcasting Report showed. "Ne
Read more Previous
Feb 28, 2020

United States Baker Hughes US Oil Rig Count dipped from previous 679 to 678

United States Baker Hughes US Oil Rig Count dipped from previous 679 to 678
Read more Next