News

USD/CHF Technical Analysis: Greenback climbs to 18-month high against the Swiss franc

  • USD/CHF is trading in a bull trend above the 200-period simple moving average (SMA) on the 4-hour chart.
  • USD/CHF is breaking to 18-month high breaking the 1.0100 level and opening the door to 1.0160 (March 2017 high). 
  • The RSI and MACD indicators show no slowing down of the trend while the Stochastic is already in the overbought level. 

USD/CHF 4-hour chart

Main trend:                    Bullish

Resistance 1:                1.0160 March 2017 high
Resistance 2:                1.2000 figure
Resistance 3:                1.2500 figure

Support 1:                     1.0100 current 2018 high 
Support 2:                     1.0068 July 13 high
Support 3:                     1.0000 parity level
Support 4:                     0.9986 August high
Support 5:                     0.9950 figure


Additional key levels at a glance:

USD/CHF

Overview:
    Last Price: 1.0109
    Daily change: 55 pips
    Daily change: 0.547%
    Daily Open: 1.0054
Trends:
    Daily SMA20: 0.9996
    Daily SMA50: 0.9852
    Daily SMA100: 0.9883
    Daily SMA200: 0.9777
Levels:
    Daily High: 1.0088
    Daily Low: 1.0044
    Weekly High: 1.0088
    Weekly Low: 0.9952
    Monthly High: 1.0096
    Monthly Low: 0.9801
    Daily Fibonacci 38.2%: 1.0061
    Daily Fibonacci 61.8%: 1.0071
    Daily Pivot Point S1: 1.0036
    Daily Pivot Point S2: 1.0019
    Daily Pivot Point S3: 0.9993
    Daily Pivot Point R1: 1.0079
    Daily Pivot Point R2: 1.0105
    Daily Pivot Point R3: 1.0122

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.