Dollar Versus Loonie and Franc September 30th

FX Strategy Video > Currency Pairs Analysis

USD/CAD rose on Thursday, and fell later. The resulting candle was a hammer-ish candle at the top of the recent bullish move. The 1.03 looks like it wants to be supportive, and the oil markets look weak. This could lead to more bullishness in this pair.

USD/CHF is very quiet. Very, very quiet. The SNB is waiting below, and selling can't be done. So what to do? Buy the "safe haven" currency - the Dollar!

Published on 29th of September 2011
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