Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current USD/CHF price trend may soon reverse higher despite the fact traders remain net-long.
FTSE 100 IG Client Sentiment: Our data shows traders are now at their least net-long FTSE 100 since Apr 12 when FTSE 100 traded near 7,927.50.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.
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USD/CHF IG Client Sentiment: Our data shows traders are now at their least net-long USD/CHF since Sep 26 when USD/CHF traded near 0.92.Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current USD/CHF price trend may soon reverse higher despite the fact traders remain net-long.
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US Dollar Outlook & Sentiment Analysis: EUR/USD, GBP/USD, USD/CHFThis article offers a comprehensive review of retail sentiment on the U.S. dollar, focusing on three key popular pairs: EUR/USD, GBP/USD and USD/CHF. Additionally, we assess potential directional outcomes from the vantage point of contrarian signals.
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USD/CHF inches higher to near 0.9000 on hawkish Fed membersUSD/CHF moves in the positive direction for the second consecutive day on Tuesday, advancing to near 0.9000 during the early European session.
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USD/CHF Price Analysis: Trades close to six-month high around 0.9150The USD/CHF pair hovers around the six-month high of 0.9150 in Wednesday’s early American session.
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