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USD/CHF now eyes a move to 0.9760 – Commerzbank

Further upside in the pair carries the potential to visit the 0.9760 region, according to Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank.

Key Quotes

USD/CHF eroded its two month downtrend line last week. We would allow for a deeper recovery towards the .9762 10th January peak and possibly the 55 day ma at .9808. Dips will find minor support at .9660.”

“Key resistance remains .9841/44, the September and October lows and while capped here we will maintain an overall negative bias.”

EUR/USD Price Analysis: Selling bias persists near 1.1000

The negative mood remains well and sound around EUR/USD at the beginning of the week. The recent breach of key levels (55-day, 100-day SMAs, support l
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USD/RUB gains upside traction amid concerns about the coronavirus– Rabobank

According to Piotr Matys, Senior Emerging Markets FX Strategist at Rabobank, the CEEMEA currencies are engulfed in a risk off mood due to escalating c
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