EXNESS - Analytics

    EXNESS

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    USDCHF: growth before publication of the weekly statistics on the US labor market

    Buy on a level breakthrough of 1.0104 with 1.0154 target. Stop loss = 1.0054.

    Reason for the trading strategy

    The US labor market data for December has increased the likelihood of further rate hikes in the federal funds. Today, it is worth paying attention to the weekly report on the jobless claims in the US and the speech given by James Bullard, the President of the Federal Reserve Bank of St. Louis.

     

    USDCHF, H4

    USDCHF


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