Friday, October 16, 2026

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USD/CLP rising with 10-DMA 10-DMA by 629.40, weak copper weighs on CLP

USD/CLP rises in early NorAm, USD gains as Greek drama lingers Support at 10-DMA (629.40), resistance at 634.90 Jun 11 high Copper off 1.8%, HFs short as China econ growth falls weighs on CLP Divergent rate path with US …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/CLP rises in early NorAm, USD gains as Greek drama lingers

  • Support at 10-DMA (629.40), resistance at 634.90 Jun 11 high

  • Copper off 1.8%, HFs short as China econ growth falls weighs on CLP 

  • Divergent rate path with US weighs as BCCH rate hikes seen coming after US

  • Daily Stoch's/RSI rising, Market eyes Wed FOMC/presser for clues on US rates

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By FxWirePro Team