Friday, October 16, 2026

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USD/CHF limited by 0.9800

Offer seen ahead of Fri's high and the 10 DMA that is making a peak near 0.9950 Traders likely to book profits by Wed's low or the 100 DMA, last by 0.9600 Slightly bid today so far but gains are capped ahead of 0.9800 Co…

By Ian Preston
1 min read
USD/CHF limited by 0.9800
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  • Offer seen ahead of Fri's high and the 10 DMA that is making a peak near 0.9950

  • Traders likely to book profits by Wed's low or the 100 DMA, last by 0.9600

  • Slightly bid today so far but gains are capped ahead of 0.9800

  • Consolidation seen intraday after last week's wild swings

 

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