Usd-chf
USDCHF being a good buy at market.USDCHF - Intraday expiry in 12h - We look to Buy at 0.9921 (stop at 0.9894)
We are trading at oversold extremes.
Daily signals are mildly bullish.
Levels below 0.9930 continue to attract buyers.
We look to buy dips.
Our profit targets will be 0.9988 and 0.9998
Resistance: 0.9970 / 0.9985 / 1.0020
Support: 0.9950 / 0.9930 / 0.9915
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential For Bearish ContinuationOn H4, with the price moving below the ichimoku cloud and testing the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99160, which is in line with the overlap support to the take profit at 0.97421, where the swing lows are. Alternatively, the price may rise to the stop loss at 1.00324, which is in line with the 50% fibonacci retracement and previous swing highs.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF to slide further? Depends on the DXY!Generally, the price action of the USDCHF has been mirroring the volatility of the DXY.
During the trading session on Friday, the USDCHF retraced strongly from the 1.015 resistance level to trade significantly lower towards the 0.9940 support area.
The USDCHF is likely to consolidate along the current price level of 0.9960 before possibly trading lower again.
If the price breaks below 0.9930, the next key support level is 0.9855.
USDCHF Potential for Bearish Momentum | 7th November 2022On the H4 chart, the overall bias for USDCHF is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell stop entry at 0.99535, where the 38.6% and 61.8% Fibonacci lines are located. I have a relatively safe stop loss set at 1.00392, slightly above where the 38.2% and 50% Fibonacci lines are located. My take profit is located at 0.98546, where the 127.2% Fibonacci extension line and previous low is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF for a new high 🦐USDCHF after the FOMC speech yesterday is back to trade below the resistance area.
The market looks still bullish and IF the price will break above the area i will consider a nice long order according to the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Buying USDCHF at 50 EMA.USDCHF - Intraday - We look to Buy at 1.0051 (stop at 1.0024)
Previous resistance at 1.0050 now becomes support.
We look to buy dips.
50 4hour EMA is at 1.0051.
The primary trend remains bullish.
Our profit targets will be 1.0118 and 1.0128
Resistance: 1.0100 / 1.0130 / 1.0145
Support: 1.0083 / 1.0050 / 1.0020
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential for Bullish Momentum | 4th November 2022The overall bias for USDCHF on the H4 chart is bullish . In addition, price is above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 1.00296 where the 50% and 38.2% Fibonacci lines intersect. I have a relatively safe stop loss set at 0.99485 where the 61.8% and 38.6 Fibonacci lines are located. Looking to take profit at 1.02152 where the -27.2% Fibonacci expansion line and 127.2% Fibonacci extension line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential For Bullish RiseOn H4, with the price moving above the ascending trendlien and ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 1.00757, which is in line with the previous swing high to the take profit at 1.03277, where the 200% fibonacci projection are. Alternatively, the price may drop to the stop loss at 0.99010, where the 38.2% fibonacci retracement is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential For Bearish ContinuationOn H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 1.00317 which is in line with the 61.8% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01443, which is in line with the previous swing high.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bullish Momentum | 3rd November 2022The overall bias for USDCHF on the H4 chart is bullish. In addition, price is above the Ichimoku cloud, indicating a bullish market. With price approaching our buy entry at 0.99250, where the Fibonacci lines of 23.6% and 61.8% are located. We intend to take profit at 1.00678, where the 78.6% and 38.2% Fibonacci lines intersect. We have a fairly safe stop loss set at 0.98828, which is slightly below the 23.6% and 61.8% Fibonacci lines.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential For Bearish ContinuationOn H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 1.00317 which is in line with the 61.8% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01443, which is in line with the previous swing high.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bullish Momentum | 2nd November 2022On the H4 chart, the overall bias for USDCHF is bullish . With price tapping into our buy entry at 0.99250, where the 23.6% and 61.8% Fibonacci lines are located. We are looking to take profit at 1.00678 where the 78.6% and 38.2% Fibonacci lines are located. We have a pretty safe stop loss set at 0.98828where it is slightly below where the 23.6% and 61.8% % Fibonacci lines are located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Buying USDCHF at market.USDCHF - 11h expiry - We look to Buy at 0.9931 (stop at 0.9905)
Daily signals are mildly bullish.
We look to buy dips.
0.9919 has been pivotal.
Offers good risk reward to buy at market.
Our profit targets will be 0.9999 and 1.0009
Resistance: 0.9980 / 1.0000 / 1.0030
Support: 0.9950 / 0.9920 / 0.9900
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential For Bearish ContinuationOn H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 1.00317 which is in line with the 61.8% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01443, which is in line with the previous swing high.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bullish Momentum | 1st November 2022On the H4 chart, the overall bias for USDCHF is bullish . We are looking for a pullback buy entry at 0.99624, where 2 of the 38.2% Fibonacci lines are located. We are looking to take profit at 1.00678 where the 78.6% and 38.2% Fibonacci lines are located. We have a pretty safe stop loss set at 0.98827 where it is slightly below where the 23.6% and 61.8% % Fibonacci lines are located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential For Bearish ContinuationOn H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99987 which is in line with the 50% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01443, which is in line with the previous swing high.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bullish Momentum | 31st October 2022On the H4 chart, the overall bias for USDCHF is bullish . We are looking for a pullback buy entry at 0.99283, where the 23.6% and 38.2% Fibonacci lines are located. We are looking to take profit at 1.00678 where the 78.6% Fibonacci extension line is located. We have a pretty safe stop loss set at 0.98302 where it is slightly below where the 127.2% Fibonacci extension line and previous low is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USD CHF - FUNDAMENTAL DRIVERSUSD
FUNDAMENTAL OUTLOOK: BULLISH
BASELINE
With headline CPI above 8% and Core CPI seeing another acceleration in the SEP CPI data, the Fed is under pressure to continue hiking rates and ramping up QT. Markets expect another 75bsp hike in NOV and currently prices the terminal rate at 4.89%. The Fed is on a data-dependent (meeting-by-meeting) policy stance, meaning incoming growth, inflation and jobs data remains a key driver for short-term USD volatility where we expect a cyclical reaction with incoming data for both the USD and US10Y (good data expected to be supportive for the USD while bad data is expected to pressure the USD). Our expectation for a softer USD this past week played to our advantage with a punchy move lower in the Dollar. The week ahead is filled with lots of US economic data and the FOMC policy decision which will all be important drivers for the USD.
POSSIBLE BULLISH SURPRISES
With the Fed signalling a data dependent policy stance, we expect a cyclical reaction from the USD with incoming US data. Thus, extremely good growth, inflation or jobs data is expected to trigger short-term bullish reactions in the USD. If the cyclical outlook continues to weaken, the USD’s safe haven status still matters. Any incoming catalysts that increase deep recession fears and triggers strong moves lower in risk assets & bonds can trigger safe haven flows into the USD. With a lot priced for the Fed and USD, the bar is high for hawkish Fed surprises, but any aggressive Fed speak talking up a >5.0% terminal rate can trigger further USD upside.
POSSIBLE BEARISH SURPRISES
With the Fed signalling a data dependent policy stance, we expect a cyclical reaction from the USD with incoming US data. Thus, extremely bad growth, inflation or jobs data is expected to trigger short-term bearish reactions in the USD. If the cyclical outlook starts to improve, the USD’s safe haven status still matters. Any incoming catalysts that decrease deep recession fears and triggers strong moves higher in risk assets & bonds can trigger safe haven outflows out of the USD. With a lot priced in for the Fed and the USD, it won’t take much to disappoint on the dovish side. Any big concerns about growth from Fed speakers could trigger outflows.
BIGGER PICTURE
The fundamental outlook for the USD remains bullish as long as the Fed stays hawkish and cyclical concerns put pressure on risk sentiment. The data dependent stance from the Fed means that short-term data surprises can pull the USD either way and would be our preferred way of trading the Dollar right now. We have a very excited economic calendar for the US in the week ahead, with lots of important economic data and the FOMC meeting. For the econ data our expectation is for a cyclical reaction where very good data is expected to support the USD and very bad data expected to pressure the USD. As for the Fed, the main focus will be on whether the FOMC confirms a downshift in the pace and size of hikes.
CHF
FUNDAMENTAL OUTLOOK: WEAK BULLISH
BASELINE
The CHF took quite a beating two weeks ago after the SNB’s 75bsp hike as interest rate markets were already fully priced for a 100bsp move from the bank. Furthermore, in their communication the bank didn’t seem to provide the same stern assurance of much higher rates as they did at their June meeting. This does not change the currency fundamental outlook, but some lower repricing in rate expectations which are accompanied by a currency that has seen a lot of appreciation in recent weeks means we could see the currency’s resilience challenged.
POSSIBLE BULLISH SURPRISES
Any incoming data or SNB comments that causes markets to price in even more aggressive policy from the bank could trigger bullish reactions in the CHF. As a risk sensitive currency, and catalyst that causes big bouts of risk off sentiment could trigger bullish reactions in the CHF.
POSSIBLE BEARISH SURPRISES
The SNB has not been trying to devalue the CHF through sight deposits. Any drastic appreciation could spark some intervention and would be a bearish catalyst. As a risk sensitive currency, and catalyst that causes big bouts of risk on sentiment could trigger bearish reactions in the CHF.
BIGGER PICTURE
The SNB’s 75bsp hike in September was not enough to support the CHF as their 50bsp hike did back in June, mainly because market expectations were very aggressive going into the meeting. The repricing in the currency was fast and punchy and provided a good short-term opportunity to take advantage of. The currency has struggled to regain any material upside after the meeting, and this week’s CPI could set the tone for the December meeting. A bigger than expected beat could see markets pricing in a higher chance of a 75bsp hike which could see some short-term upside for the CHF, while a big miss could see the current 44bsp priced (at the time of writing) reduced and could pressure the CHF.