forex special :-
The Swissy is falling sharply on Wednesday and against the Dollar is trading at the lowest level in 8-weeks.
USD/CHF has risen almost 120 pips in the last hours and peaked so far at 0.9997. The pair currently is retreating from levels barely below parity but still holds upside momentum.
GBP/CHF jumped 260 pips from 1.5725 to 1.5990, reaching the highest price in a month. EUR/CHF rocketed from 1.3460 and rose to 1.3580, highest level since November 5. Currencies tied to commodities are also rising considerably against the Swiss, that with the Yen, are the worst performers among the most traded currencies.
GBP/CHF (Nov 18 at 17:16 GMT)
1.5981/86 (1.43%)
H 1.5994 L 1.5725
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.5604 | 1.5643 | 1.5682 | 1.5813 | 1.5853 | 1.5892 |
| [?]Trend Index | [?]OB/OS Index |
| Strongly Bullish | Neutral |
| Data updated on Nov 18 at 17:00 (15-minute timeframe) | |
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