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USD/CHF Signal - Initial Jobless Claims - 6 Aug 2020

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Average: 5 (2 votes)

USD/CHF is trending to the downside prior to USD initial jobless claims data, which is a measure of people filing for unemployment benefits for the first time. We anticipate further downside with this data coming out.

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.