Back

USD/CHF Technical Analysis: USD/CHF climbs up and flirts with 0.9933 level

  • USD/CHF found resistance just below the daily 50-period simple moving average at 0.9933. 
  • The 50-period SMA crossed above the 100-period SMA (15-minute chart) suggesting that the momentum is switching to bullish in the near-term.
  • Resistances to the upside are seen near the daily 50-period SMA at 0.9933 and at near the 0.9950-0.9961 area, figure and June 21 open.

USD/CHF 15-minute chart 

Spot rate:                  0.9915
Relative change:       0.26%     
High:                         0.9931
Low:                          0.9857

Trend:                       Neutral

Resistance 1:           0.9933 daily 50-period SMA 
Resistance 2:           0.9950-0.9961 figure and June 21 open
Resistance 3:           0.9989-1.0000 area June 15 high and parity
Resistance 4:           1.0026 May 11 open
Resistance 5:           1.0056 current 2018 high

Support 1:                0.9900 figure
Support 2:                0.9856 June 25 low
Support 3:                0.9788 June 7 swing low

Wall Street closes substantially higher as earnings season looms

Major equity indexes started the week on a positive note and preserved their momentum to end the day with impressive gains as investors started pricin
อ่านเพิ่มเติม Previous

UK government tumbled, five casualties so far, more to come?

PM May softer Brexit's stance put her government at risk for the umpteenth time. White Paper on Brexit delayed once again, no light at the end of the
อ่านเพิ่มเติม Next