Category: Weekly Forex Forecasts

USD/CHF Likely to Extend Gains

The US dollar blasted higher against most major currencies, including the Swiss franc yesterday post the FOMC meeting minutes. The US dollar bulls were impressed by the outcome, as they took the USDCHF pair to fresh monthly highs. The pair also managed to break important resistance area, which might act as a support moving ahead. There are a couple of important economic releases lined up in the US today, including the initial jobless claims and the existing homes sales data. So, there can be swing moves in the pair in the coming session.

Please check the chart attached for the post image

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GBP/USD Forecast Aug. 18-22

GBP/USD Forecast Aug. 18-22

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USD/CAD Forecast Aug. 18-22

USD/CAD Forecast Aug. 18-22

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AUD/USD Forecast Aug. 18-22

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EUR/USD Forecast August 18-22

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Forex Weekly Outlook August 18-22

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GBP/USD Forecast Aug. 11-15

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AUD/USD Forecast Aug. 11-15

AUD/USD Forecast Aug. 11-15

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