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25 Apr 2013
Forex: USD/CHF recovers the mark of 0.9436/38 after US jobs data
FXstreet.com (Barcelona) - The USD/CHF has rebounded off the 0.9420 level during US trading Thursday, following the release of economic data in the United States. In these moments the cross has managed to pare some of its losses to trade at 0.9436/38, whilst still incurring a loss of -0.32%.
In the United States, the Initial Jobless Claims (April 19) came in at 339K, against expectations of 351K. Moreover, Continuing Jobless Claims (April 13) yielded a figure of 3.00M, relative to projections of 3.060M.
Mataf.net analysts point to supports at 0.9416, and finally 0.9388. On the ascension, a prolonged rise and paring of losses past the 0.9500 barrier will enable short-term resistances at 0.9528, and eventually 0.9566.
In the United States, the Initial Jobless Claims (April 19) came in at 339K, against expectations of 351K. Moreover, Continuing Jobless Claims (April 13) yielded a figure of 3.00M, relative to projections of 3.060M.
Mataf.net analysts point to supports at 0.9416, and finally 0.9388. On the ascension, a prolonged rise and paring of losses past the 0.9500 barrier will enable short-term resistances at 0.9528, and eventually 0.9566.