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USD/CHF returns to 0.9200 barrier

FXstreet.com (New York) - The USD/CHF technical pair bled off its gains Thursday, having hit an impasse at the 0.9240 handle during US trading.

USD/CHF returns to opening levels

Amidst this recent easing movement, the USD/CHF pair is trading at 0.9204, virtually unchanged on the day at +0.01% above it’s opening. Outlining the technicals, Mataf.net analysts identify the next short-term resistances at 0.9257, then 0.9239, and 0.9371. Alternatively, supports will be encountered should the pair reach 0.9143, ahead of 0.9101, and 0.9029.

USD/CHF retains short recommendation, albeit at lower levels

According to the Technical Analyst Team at ICN.com, “The USD/CHF pair rose above the 0.9210 level, failing our intraday negative expectations without cancelling it. As such, we remain neutral in the U.S. session waiting to short the pair again at better levels.”

GBP/USD breaks above 1.5700

Following a consolidation phase, the GBP/USD picked up momentum and broke above the 1.5700 mark during the American session, climbing to its highest level in 4 months.
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