News

USD/CHF technical analysis: US Dollar at a stone’s throw from the parity level

  • USD/CHF is under bullish pressure in the near term. 
  • The parity level can be the next main target on the way up. 

USD/CHF daily chart

USD/CHF is challenging 0.9980 resistance and the 200-day simple moving average (DSMA).

USD/CHF 4-hour chart

USD/CHF is testing the 100 SMA.


USD/CHF 30-minute chart

USD/CHF broke to a new daily high as the market is under bullish pressure in the near term. The next main bull target is at the parity level. Support is at 0.9960 and 0.9930.  

Additional key levels

 

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.