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USDCHF D1 03 02 2020 1136

The USD/CHF currency pair is at an oversold level. The RSI oscillator stays near 30, and the Stochastic oscillator is near 9, on the daily chart. The price stays below EMA20, EMA50, and EMA100. According to the weekly chart, a downtrend pattern has already formed on the RSI oscillator. The Stochastic oscillator shows a downtrend, and the price stays below EMA 20, EMA50, and EMA100, on the weekly chart.

The most important data of this week:
March 3
Swiss GDP QoQ (0.2% expectation); ( 0.4% previous)
You (1.3% expectation); ( 1.1% previous)
March 4
Swiss CPI Core YoY (0.2% expectation); (0.2% previous)
FED Beige Book
March 6
US NFP (175k expectation); (225k previous)
US Unemployment Rate (3.6% expectation); (3.5% previous)
Fed's Evans, Bullard, Williams, Resengren, George speak at Shadow Committee Event in New York

USDCHF W1 03 02 2020 1138

 

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