USDCHF Clawing Back Following Monday’s Break

$USDCHF range bound below 1.0100, awaits Trump’s inaugural speech

USDCHF range bound below 1.0100, awaits Trump’s inaugural speech

USDCHF

  • Buz Investors USDCHF range bound  The US Dollar is trading at 1.0078 against the Swiss Franc at 10:40 GMT this morning, 0.18% higher from the New York close.
  • Amid no economic releases in Switzerland today, investor sentiment would be governed by global macroeconomic news. The pair traded at a high of 1.0086 and a low of 1.0030 this morning.
  • Yesterday, the USD traded marginally higher against the CHF in the New York session and ended at 1.0060. The pair is expected to its find support at 1.0032 and its first resistance at 1.0123.




USDCHF range bound

USDCHF Clawing Back Following Monday’s Break

USDCHF range bound Having posted a session low at 1.0035 stage, the USD/CHF pair regained traction and reversed previous session mild losses.

currently buying and selling around 1.0070 region, off consultation peak level of one.0094, a clean wave of dollar shopping for hobby considering that eu beginning consultation helped the pair to healing from daily lows.

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USDCHF range bound

The pair, but, remained capped below 1.0100 round parent mark as buyers favored to stary on the sidelines ahead of Donald Trump’s inauguration speech.

traders watch for for readability on Trump’s economic policies before reaffirming strong US greenback bullish fashion, which could assist the pair to resume with its prior appreciating move.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




Silver Support levels broken, looking to 19.20

Silver Prices Range Bound as US Dollar Recovers

Silver Prices Range Bound as US Dollar Recovers

Silver

  • Buz Investors Silver Prices Range Bound The precious metal is trading at $16.81 per ounce at 10:40 GMT this morning, 0.12% lower from the New York close.
  • During the session, silver traded at a high of $16.89 per ounce and a low of $16.79 per ounce. In the New York session yesterday, silver rose 1.14% and closed at $16.83 per ounce.
  • Immediate downside, the first support level is seen at $16.62 per ounce, while on the upside, the first resistance level is at $16.97 per ounce.

Silver Prices Range Bound

Buz Investors Silver Prices Range Bound The precious metal is trading at $16.81 per ounce at 10:40 GMT this morning, 0.12% lower from the New York close. During the session, silver traded at a high of $16.89 per ounce and a low of $16.79 per ounce. In the New York

Silver Prices Range Bound  Silver prices traded slightly lower on Wednesday, as a rebounding US dollar softened demand for precious metals ahead of Donald Trump’s first news conference since being elected US President.

The March contract for silver slipped 3 cents, or 0.2%, to $16.82 a troy ounce at 6:58 am ET. Prices traded within a narrow range of $16.78 – $16.89 through the overnight session.

 

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Silver Prices Range Bound

 

Silver is up 1.8% for the week and has recovered more than 5% since the start of the year. The grey metal has retraced most of the losses incurred after the Federal Reserve’s decision to raise interest rates on December 14.

February gold futures climbed $4.30, or 0.4%, to $1,189.90 a troy ounce, a new six-week high. The yellow metal was on pace for its third consecutive gain and sixth since the new year.

Later this morning, US President-elect Donald Trump will hold his first news conference since the November 8 election, where he is expected to discuss his transition to the White House. Market participants will be closely monitoring the event for clues about fiscal policies. The news conference is scheduled to begin at 11:00 am ET.

Commodities ( Gold ) ( Silver ) ( Lithium )