USDCHF Daily Forecast: November 09

(Before It's News)

USDCHF Forecast
The USDCHF had a bullish momentum last week on broad US Dollar strength after a strong US NFP number, topped at 1.0075. The bias remains bullish in nearest term testing 1.0125 area. Immediate support is seen around 1.0030. A clear break below that area could lead price to neutral zone in nearest term testing 0.9980/55 but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.

• EURUSD 30 Minute Chart Analysis
• EUR/USD Weekly Forecast 9 Nov 15
• GBP/EUR exchange rate slide halted briefly on Friday afternoon (Joshua Privett)
• GBP/EUR, GBP/USD and GBP/AUD set for further slides for the second week of November (Joshua Privett)
• UK & US Interest Rate Discussions cause huge movement for Sterling Euro Exchange Rates (Tom Holian)
• Huge Movements for Sterling Exchange Rates this week (Tom Holian)
• GBP/EUR hit 1.38 briefly but Euro buyers receive respite with positive US Data (Joshua Privett)
• Sterling falls across the board with GBP/EUR GBPUSD and GBP/AUD the worst affected (Joshua Privett)
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• EURUSD Daily Forecast: November 06