Omkar Godbole

Omkar Godbole

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies. Omkar has a master's degree in finance and is constantly engaged in monitoring the situation on the world financial markets.

Articles by Omkar Godbole

USD/CHF Price Analysis: Rejected at 0.94, bear flag on 4H

USD/ CHF, Daily Chart

USD/CHF is under pressure in Asia as US index futures are flashing red. The pair has created a bear flag or a bearish continuation pattern on the 4-hour chart. USD/CHF is currently trading at 0.9364, representing a 0.38% drop on the day, having failed to chew through offers around 0.94 during the overnight trade.

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EUR/CHF: Franc at 33-month high five years after SNB removed the cap

Technical levels

EUR/CHF is trading at 33-month lows near 1.0759. The US added Switzerland to its current manipulators’ list. The SNB removed the cap on the euro on Jan. 15, 2015. Five years after the Swiss National Bank (SNB) shocked the financial markets by abandoning the euro cap, the Swiss Franc is trading at 33-month highs against the single currency. 

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EUR/CHF risk reversals hit highest since May on call demand

EUR/CHF 1MRR, March-September 2019

EUR/CHF risk reversals have jumped to the levels last seen in May. Risk reversals indicate the demand for call options is rising. Risk reversals on EUR/CHF (EURCHF1MRR), a gauge of calls to put, jumped to the highest level since May on Friday, indicating the investors are adding bets to position for a rally in the common currency.

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