{"id":6392,"date":"2024-01-17T11:44:09","date_gmt":"2024-01-17T03:44:09","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=6392"},"modified":"2024-01-17T11:44:09","modified_gmt":"2024-01-17T03:44:09","slug":"focus-on-usdchf-today-17th-january-2024","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/vn\/focus-on-usdchf-today-17th-january-2024\/","title":{"rendered":"Focus on USD\/CHF Today \u2013 17th January 2024"},"content":{"rendered":"\n<h1 class=\"wp-block-heading has-black-color has-text-color\"><strong>Comprehensive USD\/CHF Analysis for January 17, 2024<\/strong><\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD\/CHF for 17th January 2024.\u00a0<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>USD\/CHF Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.fxstreet.com\/news\/swiss-franc-strengthens-against-us-dollar-after-us-factory-gate-prices-fall-for-third-month-202401121544\" target=\"_blank\" rel=\"noopener nofollow\" title=\"CHFUSD is ready to appreciate\">CHFUSD is ready to appreciate<\/a><\/strong>: The Swiss franc achieved its best performance since 2011 in December last year. This year, with the Federal Reserve expected to cut interest rates, there is still a possibility that the Swiss franc will continue to appreciate. The current CFTC position report shows that asset managements\u2019 long positions in the Swiss franc continue to rise.\u00a0<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-16\/waller-says-fed-can-cut-rates-this-year-absent-inflation-rebound\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Interest rate cut in doubts\">Interest rate cut in doubts<\/a><\/strong>: Fed Governor Waller made hawkish remarks yesterday, and whether the Fed can cut interest rates in March is again in question. The U.S. dollar index rose sharply and returned to above 103.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>USD\/CHF Technical Analysis\u00a0<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>USD\/CHF <mark class=\"has-inline-color has-black-color\">Daily Chart Insights<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"452\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/1-9-1.jpg\" alt=\"USD\/CHF Daily Chart Insights By Ultima Markets MT4\" class=\"wp-image-6393\" style=\"aspect-ratio:1.5265486725663717;width:690px;height:auto\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/1-9-1.jpg 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/1-9-1-300x197.jpg 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stochastic Oscillator<\/strong>: The indicator has been rising from the low point and entered the overbought area without consolidation, suggesting that bulls currently have the upper hand. Before a clear short signal is sent, you cannot go short at will.&nbsp;<\/li>\n\n\n\n<li><strong>Moving average combination<\/strong>: The blue 17-day moving average was broken yesterday, which means that the short-term downward trend of the USDCHF has been destroyed, and this week will enter consolidation or reverse upward.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><mark class=\"has-inline-color has-black-color\"><em>USD\/CHF 1-hour Chart Analysis<\/em><\/mark><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"499\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/2-9.jpg\" alt=\"USD\/CHF 1-hour Chart Analysis By Ultima Markets MT4\n\" class=\"wp-image-6394\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/2-9.jpg 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/2-9-300x217.jpg 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stochastic Oscillator<\/strong>: The indicator fluctuates in the overbought area, but the exchange rate has hit an intraday high. The top divergence pattern implies that there are risks in entering the long position at this time.&nbsp;<\/li>\n\n\n\n<li><strong>Moving average support<\/strong>: The blue 17-period moving average continues to support the upward trend of the market. Before falling below the moving average support, the exchange rate is still dominated by bulls. Judging from the stochastic oscillator, the risk of going long in the exchange rate is relatively high at present. It is not advisable to hold long-term long orders. Be wary of rapid downward trends after the exchange rate forms a false breakthrough.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Trading Central <mark class=\"has-inline-color has-black-color\">Pivot Indicator<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"528\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/3-9.jpg\" alt=\"Trading Central Pivot Indicator for USD\/CHF\" class=\"wp-image-6395\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/3-9.jpg 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2024\/01\/3-9-300x230.jpg 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li>According to the trading central in <a href=\"https:\/\/www.umtradings.com\/trading\/trading-platforms\/app\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Ultima Markets APP\"><strong>Ultima Markets APP<\/strong><\/a>, the central price of the day is established at 0.8585,\u00a0<\/li>\n\n\n\n<li><strong>Bullish Scenario<\/strong>: Bullish sentiment prevails above 0.8585, first target 0.8630, second target 0.8650;&nbsp;<\/li>\n\n\n\n<li><strong>Bearish Outlook<\/strong>: In a bearish scenario below 0.8585, first target 0.8570, second target 0.8555.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion\u00a0<\/strong><\/h2>\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Comprehensive USD\/CHF Analysis for January 17, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD\/CHF for 17th January 2024.\u00a0 USD\/CHF Key Takeaways USD\/CHF Technical Analysis\u00a0 USD\/CHF Daily Chart Insights USD\/CHF 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion\u00a0<\/p>\n","protected":false},"author":13,"featured_media":6396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[6,61,11],"tags":[107,108],"class_list":["post-6392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-market_outlook","category-technical-analysis","tag-swiss-franc","tag-usdchf"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/6392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/comments?post=6392"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/6392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media\/6396"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media?parent=6392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/categories?post=6392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/tags?post=6392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}