USD/CHF Price Analysis: Dollar easing further from monthly tops, approaching 0.9600 figure vs. CHF


  • USD/CHF is trading down for the fourth consecutive day.
  • The level to beat for bears is the 0.9600 support.
 
 

USD/CHF daily chart

 
 
USD/CHF is easing from the monthly highs as the spot drops below the main SMAs on the daily chart. The US dollar is down against most currencies this Thursday.
 

USD/CHF four-hour chart

 
The spot is pulling back down while nearing the 0.9600 figure below the 200 SMA on the four-hour chart. Bears could continue to extend the decline towards the 0.9550 and 0.9540 levels while the 0.9700 and 0.9800 figures could become resistance on bullish attempts. 
 
 

Additional key levels 

USD/CHF

Overview
Today last price 0.9632
Today Daily Change -0.0139
Today Daily Change % -1.42
Today daily open 0.9771
 
Trends
Daily SMA20 0.9592
Daily SMA50 0.9681
Daily SMA100 0.9758
Daily SMA200 0.9814
 
Levels
Previous Daily High 0.9835
Previous Daily Low 0.9755
Previous Weekly High 0.9901
Previous Weekly Low 0.9392
Previous Monthly High 0.9851
Previous Monthly Low 0.9609
Daily Fibonacci 38.2% 0.9785
Daily Fibonacci 61.8% 0.9804
Daily Pivot Point S1 0.9739
Daily Pivot Point S2 0.9707
Daily Pivot Point S3 0.9659
Daily Pivot Point R1 0.9819
Daily Pivot Point R2 0.9867
Daily Pivot Point R3 0.9898

 

 

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