USD/CHF eases from intraday high of 0.9134 during the latest pullback.
Normal RSI, bullish MACD favor the buyers, sellers will seek entries below 0.9055.
A clear break above 0.9240 will buoy the pair optimists.
USD/CHF recedes to 0.9121, up 0.26% on a day, during the pre-European session on Friday.
Price takes out the low from last week at 0.90557
The price of the USDCHF is trading to a new session low, new year low (taking out the low from last week at 0.90557) and trades to the lowest level since the week of January 25, 2015. Recall that last week the low took out the swing lows from May 201
Source: CFTC, DailyFX (Covers up to July 28th, released July 31st)US DOLLAR SHORTS BECOMING EXTREME, EUR/USD AT RISK OF REVERSAL - COT REPORTIn the latest reporting week, speculators had increased their US Dollar shorts by an additional $5.2bln, taking overall bearish exposure to $24.2bln
AUDUSD and NZDUSD moving higher too
The dollar continues to be hit with the EUR, GBP and CHF marching to new move highs. The AUD and NZD are also moving higher as well (NZD trading to new day highs but off recent move highs).
EURUSD: The EURUSD moved into the swing area from 2018 between 1.18147 a
The USD/CHF pair held on to its modest gains through the early part of the European trading action and was last seen hovering near the top end of its daily range, around the 0.9140 region.
The pair managed to regain some positive traction on Thursday and recovered a part of the previous day's sharp
FOMC meeting: No change as expected, delivers a dovish message.
DXY hits fresh two-years lows and then rebounds, still negative for the day.
The USD/CHF erased recent losses and is trading back above 0.9130. Following the FOMC meeting, it bottomed at 0.9116, the lowest level since 2015.
USD/CHF slips to multi-year lows below 0.9120 on broad-based dollar sell-off.
Technical indicators like the RSI suggest extreme oversold conditions.
The USD/CHF pair fell to 0.9116 during Thursday's Asian trading hours to hit the lowest level since May 2015.
The pair has dropped by over 3.6% this