Technical analysis of GBP/CHF
Tag - chf - swiss franc
Technical analysis of NZD/CHF
NZD/CHF is trading within a downtrend on D1. The currency pair went below 78.6% at 0.6450 and is likely to test levels around 0.6390/70.
On the daily chart of CAD/CHF, the pair is near the resistance of 0.7490.
Currencies move in small ranges, but more volatility lies ahead as it's a week of central bank meetings…
On the daily chart, the pair has been rising.
Last week USD/CHF broke below the uptrend support line of 2018.
CHF/JPY met the resistance of the declining 50-day MA and turned down. Its potential target lies at the support line connecting the lows of May in the 108.25 area.
The NZD remains in a downtrend versus the CHF and the JPY as the market is still in the risk-averse mode.
Technical analysis of AUD/CHF
On the daily chart of CAD/CHF, on June 3, the pair met support at 0.7382 and rebounded.
The Bank of Canada will host a meeting at 17:00 MT time…