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Swiss franc is losing momentum against USD.
The support rests at 0.99160 with resistance at 0.99910 which both lines are above the weekly pivot point at 0.98950. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Short positions are recommended towards 0.99150.

usdchf
Source: fxglory

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Japan released the 10-y Bond Auction and Final Manufacturing PMI and the US will publish Natural Gas Storage, Wards Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Unemployment Claims and Challenger Job Cuts y/y.
The support rests at 108.940 with resistance at 109.370 which both lines are above the weekly pivot point at 108.400. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The price has reached the upper Bollinger band already, so seller can target 108.700.

usdjpy
Source: fxglory

0

The economic data in Eurozone could not support EUR against USD.
The support rests at 1.10280 with resistance at 1.10730 which both lines are below the weekly pivot point at 1.11510. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
EURUSD is remaining in bearish zone therefore short positions are recommended towards 1.09800.

eurusd
Source: fxglory

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