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USD/CHF Technical Analysis: Near-term lift could see resistance from upper bound of descending channel

  • USD/CHF sees intraday support from the 50-period moving average near 0.9960, though some sideways action remains on the table after falling out of a firm bull run on Thursday.

USD/CHF, 15-Minute

  • Hourly candles show the pair trying to hold onto a bullish stance despite Thursday's decline, trying to edge out further lift after knocking into a new near-term low near 0.9920.

USD/CHF, 1-Hour

  • over the past two months, USD/CHF has rolled over into a rough downside channel, and continued selling pressure on the US Dollar will see the Dollar-Franc pair falling into the bottom end below 0.9850.

USD/CHF, 4-Hour

USD/CHF

Overview:
    Today Last Price: 0.9964
    Today Daily change: 1.0 pips
    Today Daily change %: 0.0100%
    Today Daily Open: 0.9963
Trends:
    Previous Daily SMA20: 1.0008
    Previous Daily SMA50: 0.994
    Previous Daily SMA100: 0.9891
    Previous Daily SMA200: 0.9823
Levels:
    Previous Daily High: 0.9978
    Previous Daily Low: 0.9917
    Previous Weekly High: 1.0012
    Previous Weekly Low: 0.9908
    Previous Monthly High: 1.0096
    Previous Monthly Low: 0.9801
    Previous Daily Fibonacci 38.2%: 0.9955
    Previous Daily Fibonacci 61.8%: 0.994
    Previous Daily Pivot Point S1: 0.9927
    Previous Daily Pivot Point S2: 0.9892
    Previous Daily Pivot Point S3: 0.9866
    Previous Daily Pivot Point R1: 0.9988
    Previous Daily Pivot Point R2: 1.0014
    Previous Daily Pivot Point R3: 1.0049

 

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