search

An incredible cashback rate!
40% of the spread!

Should We Keep an Eye on the Swiss Franc’s Upside Potential as It Continues to Hit New Highs?

Market Report

Should We Keep an Eye on the Swiss Franc’s Upside Potential as It Continues to Hit New Highs?

Today's Highlights
  1. Japan: Domestic Corporate Prices
  2. South Africa: Manufacturing Output

In the previous day’s U.S. currency trading, the U.S. dollar traded in a tight range against the euro. The EUR/USD pair fluctuated between 1.1689 and 1.1729, with price action remaining within the 20-period moving average (MA) on the hourly chart throughout the session.On the 4-hour chart, the pair is showing minor fluctuations between the 75-period and 20-period moving averages, while on the daily chart, the RSI has fallen from 75 to 61. Following a pullback from the +2σ level of the Bollinger Bands, the pair is currently searching for direction.

Among European currencies, the Swiss franc strengthened during U.S. trading hours. The franc/yen pair rose from 183.704 to 184.560, trading near the 20-period moving average on the hourly chart.On the 4-hour chart, the pair continues to trade with support at the 10-period moving average. On the daily chart, it has risen for three consecutive days. However, since the daily RSI has surged to 81, we should remain cautious as to whether a pullback may occur during European trading hours.

Today’s economic indicators include the UK RICS House Price Index at 8:01, Japan’s Domestic Corporate Goods Price Index at 8:50, Japan’s Inbound/Inward Securities Investment at 8:50, the German Consumer Price Index at 15:00, South African Manufacturing Output at 20:00, U.S. Initial Jobless Claims at 21:30, U.S. Musalem:Statement by St. Louis Fed President Musalem, at 23:30: U.S. Weekly Natural Gas Inventories, at 26:00: U.S. 30-Year Treasury Auction, and at 26:15: U.S. Statement by Fed Governor Waller. We will be watching for further upside potential in the Swiss franc, which continues to hit new highs.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are taking notice.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours).

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for 4 hours.

Return to Notification Settings