Tickmill’s Investing Diva, USDCHF Daily Outlook 08-04-20

<p>USDCHF Daily Outlook – On Tuesday we found out that the Swiss unemployment rate rose from 2.5% in February 2020 to 2.9% in March, the UK House prices in March were 3.0% higher than in the same month a year earlier, and Small-business confidence in US economy dropped in March.</p>
<p>Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to the Tickmill <a href="https://www.youtube.com/watch?v=kUy4zhvFt4g&amp;feature=youtu.be">YouTube channel</a> and support us by liking and sharing this video with your forex trading friends.</p>
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<p>On Wednesday we have the all-important FOMC Meeting Minutes from back in MAR 15, and although things have changed quite a lot in our lives since then, the minutes could still provide some guidance for the short-term forex traders.</p>
<p>Today I’m looking at the USD/CHF pair which has been having difficulty breaking above the key resistance level of 0.9845.</p>
<p>It regained energy last week and broke above the Ichimoku cloud on Monday just to pullback on Tuesday. But early during Wednesday’s Asian session, the bulls appear to have regain momentum.</p>
<p><strong>Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.</strong></p>
<p><strong>High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% and 70% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.</strong></p>
<p>The post <a rel="nofollow" href="https://blog.tickmill.com/fund-analysis/tickmills-investing-diva-usdchf-daily-outlook-08-04-20/">Tickmill’s Investing Diva, USDCHF Daily Outlook 08-04-20</a> appeared first on <a rel="nofollow" href="https://blog.tickmill.com">Tickmill</a>.</p>

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