EUR/USD 1.13587
-0.267%
Gold 3304.73
-1.311%
Oil 62.946
0.567%
USD/JPY 143.646
0.705%
GBP/USD 1.33184
-0.168%
GBP/JPY 191.311
0.579%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 27, local time, Russian Presidents Press Secretary Peskov said in an interview broadcast by Russian media that many of US President Trumps views on the Ukrainian conflict are basically consistent with Russias position. Peskov said that the work of resolving the Ukrainian issue is still in progress, but it cannot be done in an open way.On April 27, the spokesperson of the State Administration for Market Regulation answered questions from reporters about the Cheung Kong Ports transaction. A reporter asked: According to the Wall Street Journal report on April 16, Cheung Kongs sale of overseas ports will be split into two transactions to continue. What is the comment of the State Administration for Market Regulation? Answer: We pay close attention to the relevant transactions and will review them in accordance with the law. The parties to the transaction shall not circumvent the review in any way, and shall not implement the concentration before approval, otherwise they will bear legal responsibility.On April 27, the Russian Ministry of Defense reported that from 23:00 on April 26 to 4:00 a.m. on April 27, Moscow time, the Russian air defense system shot down and intercepted 5 Ukrainian drones in Bryansk Oblast. On the morning of the 27th, two more Ukrainian drones were shot down in the Crimea region. The Ukrainian Air Force reported on the 27th that from 21:00 on April 26 to the early morning of April 27, local time, the Russian army launched a total of 149 drones at Ukraine. As of 9:00 a.m. on April 27, local time, the Ukrainian army confirmed that 57 drones had been shot down.The Vancouver police in Canada said that they believe this incident was not an act of terrorism. Earlier, someone drove a car into a crowd in Vancouver, Canada, causing many deaths and injuries.According to RIA Novosti: Russian military commanders told Russian President Vladimir Putin that the remnants of Ukrainian troops scattered in Russias Kursk region will soon be eliminated.

Volatilities in the weekly bullish channel are around 0.9700 for the USD/CHF exchange rate

Alina Haynes

Jul 07, 2022 14:50

截屏2022-07-07 上午10.10.40.png 

 

As a result, the CHF/USD pair rises to a three-week high while also reversing a four-day surge in overbought RSI conditions.

 

The USD/CHF exchange rate may drop farther given the most recent fall from the channel's barrier and the oversold RSI. However, sellers may face a significant challenge because of the 200-SMA support around 0.9670.

 

Even if the pair drops below 0.9670, it has to break through the 0.9630 support to defy the bullish channel and persuade bears that they are right.

 

After that, a drop to the monthly low of 0.9495 is not completely improbable.

 

Alternately, the top line of the aforementioned channel, near 0.9740, may challenge the USD/CHF's gains before it reaches the 0.9780 level, which marks the 50% Fibonacci retracement of its slide from mid-May.

 

The 0.9820 level may serve as a stopgap on the road up to the 61.8 percent Fibonacci retracement level of 0.9846 and the mid-June swing bottom around 0.9875 if the pair recovers over 0.9780.


Suggestion