Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
6 December 2022 | Other

Credit Suisse: USDCHF is likely to continue its decline in December

USDCHF

USDCHF broke through the bottom of the key support zone at 0.9355. Credit Suisse analysts expect that the currency pair awaits more decline next month.

They believe that this move together with the DXY breaking its 200-Day Moving Average points to a further gradual decline of the pair next month. 

USDCHF has found support at 0.9325 and 0.9287. The analysts’ forecast shows that USDCHF weakness may solidify below 0.9287 and potential low for the pair will be at 0.9193 at the end of March.

It could then move above the 13-day exponential average at 0.9460, setting the stage for a short-term pause. If the pair is above the recent high at 0.9546, a former correction could be seen. 

Company MarketCheese

Recommended

United States. Heating Oil Stockpiles. The value of the indicator has decreased from 0.362M to -0.119M
Today at 3:30 PM
United States. Gasoline Inventories. The value of the indicator has increased from -3.213M to -1.011M
Today at 3:30 PM
United States. Gasoline Production. The value of the indicator has decreased from 0.29M to -0.223M
Today at 3:30 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -1.095M to 0.881M
Today at 3:30 PM
United States. Crude Oil Inventories. The value of the indicator has increased from -9.014M to 15.989M
Today at 3:30 PM
Top news
European Union. CPI (MoM). The value of the indicator has decreased from -0.5% to -0.6%
Today at 10:01 AM
United States. PCE price index (YoY). The value of the indicator has increased from 2.8% to 2.9%
20 February
United States. GDP (QoQ). The value of the indicator has decreased from 4.4% to 1.4%
20 February
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 2.8% to 3%
20 February
European Union. Manufacturing PMI. The value of the indicator has increased from 49.5 to 50.8
20 February
All news

Forecasts

Silver buy
Period: 03.03.2026 Expectation: 5800 pips
Investing in silver with $96.50 in view
Indicators and reports TA Other Indicators
Today at 11:50 AM 18
Reed_Marcus
NVIDIA Corporation buy
Period: 04.03.2026 Expectation: 1000 pips
NVIDIA stock is trading near 2026 highs in anticipation of strong Q4 report
Technical analysis FA Other TA Other Indicators Fundamental analysis
Today at 10:52 AM 20
Lyra_Moonwell1
USDCAD buy
Period: 04.03.2026 Expectation: 1390 pips
Rising oil prices put brakes on USDCAD
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
Today at 10:04 AM 16
Emily_Foster
NVIDIA Corporation buy
Period: 27.02.2026 Expectation: 650 pips
Buying NVIDIA ahead of earnings report
Indicators and reports TA Other Hot news
Today at 08:58 AM 9
Sinclair_John
Tesla Inc buy
Period: 31.03.2026 Expectation: 12500 pips
Accumulate Tesla stock for long run
FA Other Chart analysis
Today at 08:33 AM 15
Bruce_Powers
Brent sell
Period: 31.03.2026 Expectation: 150 pips
Selling Brent upon breaking $70.85 support
FA Other Chart analysis
Today at 08:32 AM 13
McCarthy_Raymond
Go to forecasts