USD/CHF Technical Analysis: Dollar making another run for 1.0000
|The previous twenty-four hours saw the USD/CHF fail to hold ground above the 1.0000 major technical handle, and the pair is looking to regain its composure and make a second run at the key level from last Friday's/early Monday's lows near 0.9965.
USD/CHF, M5
Last week, the Dollar-Franc continued to grind higher off of a rising but contested bullish trendline, and the pair's resistance from the 1.0000 is unlikely to remain subdued for long.
USD/CHF, M30
The past month has seen the Greenback take key steps back above the 1.0000 major handle, and the pairt remains on-balance to reclaim the key figure, and the past month has seen the Dollar-Franc pairing recover from near-term lows off of 0.9850.
USD/CHF, H4
USD/CHF
Overview:
Last Price: 0.9982
Daily change: 10 pips
Daily change: 0.100%
Daily Open: 0.9972
Trends:
Daily SMA20: 0.9925
Daily SMA50: 0.9803
Daily SMA100: 0.987
Daily SMA200: 0.9748
Levels:
Daily High: 1.0028
Daily Low: 0.9964
Weekly High: 1.0028
Weekly Low: 0.9938
Monthly High: 0.982
Monthly Low: 0.9542
Daily Fibonacci 38.2%: 0.9988
Daily Fibonacci 61.8%: 1.0003
Daily Pivot Point S1: 0.9948
Daily Pivot Point S2: 0.9924
Daily Pivot Point S3: 0.9884
Daily Pivot Point R1: 1.0012
Daily Pivot Point R2: 1.0052
Daily Pivot Point R3: 1.0076
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.