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Is it the end of Dollar/Swiss rally? After four days of gains, it's down 0.2% today

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(Last update 2:11am EST, September 9, 2021)

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Dollar/Swiss recovering back almost all the way to 0.9217 after dipping down to 0.92.

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Dollar/Swiss chart analysis: Dollar/Swiss might start to recover soon because it is getting close and is now only 20 pips from support line at 0.9178, obviously dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. In contrast the upper Bollinger band at 0.9213, indicating a further downward move might be next.

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Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems Dollar/Swiss might reverse course and start pointing upward in the short term.

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Dollar/Swiss started the year by gaining 3.89%.

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Losing streak continues: Aussie/Dollar down 13 pips to 0.7354 adding to its four days of losses

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(Last update 2:11am EST, September 9, 2021)

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Aussie/Dollar recovering back almost all the way to 0.7368 after dipping down to 0.7347.

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Chart visual study suggest nearest support level is at 0.7108.

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Aussie/Dollar started the year by losing 4.07%.

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