parity

USDCHF has been moving around parity but its dancing days might (hopefully) be almost over. In the last days the pair bounced between two important moving averages: the 100 SMA and the 200 SMA (in the chart, the Turquoise and Black ones are actually EMAs though). And all around the roundest round number 1.00000. This could mean a breakout due soon. Update your...

FOMC rate hike and hawkish sentiment has seen some long standing supports broken. Fibonacci target 1.02 first then beyond parity towards the middle of 2017