Swiss Franc depreciates across the board, EUR/CHF at 2-month highs. USD/CHF heads for the highest close since January 2017. The USD/CHF pair continued to rise at a modest pace during the US session and peaked at 1.0159. Near the end of the American session, it is up for the day, about to post the eight daily gain out of the last ten days. A weaker Swiss franc boosted the pair to the upside. EUR/CHF broke above 1.1425 and trades at 1.1435 about to post the highest early November. The weakness that followed Thursday’s EZ data was short-lived. Volatility continued at low levels on Monday. Data released today showed lower-than-expected housing numbers for the US, but it was ignored. Activity will return to normal tomorrow with European markets fully operating after holidays. The key data to be released over the week in the US will be on Friday with the first estimate of Q1 GDP. Levels to watch To the upside, resistance levels might be seen at 1.1440/45 (February highs) and 1.1465/70 (Novembers highs) and 1.1490. On the flip support, levels could be seen at 1.1420 (Apr 17 high), 1.1390 and 1.1360 (Apr 17 low). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD Technical Analysis: Quiet start of the week can lead to bull eyeing 0.7150 resistance FX Street 4 years Swiss Franc depreciates across the board, EUR/CHF at 2-month highs. USD/CHF heads for the highest close since January 2017. The USD/CHF pair continued to rise at a modest pace during the US session and peaked at 1.0159. Near the end of the American session, it is up for the day, about to post the eight daily gain out of the last ten days. A weaker Swiss franc boosted the pair to the upside. EUR/CHF broke above 1.1425 and trades at 1.1435 about to post the highest early November. The weakness that followed Thursday's EZ data was short-lived. … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
