USD/CHF parity zone in sight

USD/CHF parity zone in sight

The pair is on the way to reach the parity zone across the board, but the resistance level of 0.9977 has been strong. From such area, USD/CHF has been making a corrective move which could allow more losses towards the Fibonacci zone of 50% at 0.9855. Around that level, we can expect an advance towards the -23.6% area at 1.0034, which should strengthen the bullish idea in a short-term basis.

RSI indicator is entering the neutral territory, calling for sideways in coming hours.




EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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