8 Nov 2013
USD/CHF through the 0.92 handle
FXstreet.com (London) - USD/CHF is higher off the lows of 0.9152 and has breached into the 0.92 handle.
The dollar is higher across the board on the release of Non Farm Payrolls (Oct) that surprised to the upside at 204K vs the 125k consensus. At the same time the Unemployment Rate was in line with consensus for Oct at 7.3%. Personal Income month on month was up for (Sep) at 0.5% vs 0.3% consensus and Core PCE year on year was marginally down at 1.2% vs 1.3% consensus.
USD/CHF Levels
The 20 DMA is 0.9045, the 50 DMA is 0.9130 and the 200 DMA is 0.9318. RSI (14) reads 48.55. Supports are ascending from 0.9091, 0.9110, 0.9119, 0.9135, 0.9169 and 0.9187. Spot is currently 0.9215 with resistances at 0.9251 and 0.9268.
The dollar is higher across the board on the release of Non Farm Payrolls (Oct) that surprised to the upside at 204K vs the 125k consensus. At the same time the Unemployment Rate was in line with consensus for Oct at 7.3%. Personal Income month on month was up for (Sep) at 0.5% vs 0.3% consensus and Core PCE year on year was marginally down at 1.2% vs 1.3% consensus.
USD/CHF Levels
The 20 DMA is 0.9045, the 50 DMA is 0.9130 and the 200 DMA is 0.9318. RSI (14) reads 48.55. Supports are ascending from 0.9091, 0.9110, 0.9119, 0.9135, 0.9169 and 0.9187. Spot is currently 0.9215 with resistances at 0.9251 and 0.9268.