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USD/CHF forecast for the week of August 3, 2015, Technical Analysis

By
Christopher Lewis
Published: Aug 1, 2015, 04:47 GMT+00:00

The USD/CHF pair went back and forth during the course of the week, but the one thing that he did do was clear the 0.96 level. With that, we feel the

USD/CHF forecast for the week of August 3, 2015, Technical Analysis

The USD/CHF pair went back and forth during the course of the week, but the one thing that he did do was clear the 0.96 level. With that, we feel the buyers are going to continue to pushes market higher, probably heading towards the 0.98 handle given enough time. Above there, we should then head to the parity. The 0.95 level below is massively supportive as far as we can see, so at this point in time we don’t have any real interest in selling this particular market.

 

About the Author

Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.

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