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USD/CHF Price Analysis: Greenback trying to regain the 0.9700 figure vs. Swiss franc

  • Broad USD weakness keeps the USD/CHF pair below the 0.9700 level. 
  • There is little to no directional bias as the technical picture is mixed.
 

USD/CHF daily chart

 
USD/CHF is trading just below the 0.9700 figure but above the 50/100 SMAs on the daily chart. 
 

USD/CHF four-hour chart

 
USD/CHF is grinding lower from the May highs while trading below the 0.9700 figure and the main SMAs on the four-hour chart. Bulls are trying to regain the 0.9700 figure however the picture remains mixed on this currency pair. To the downside, support can emerge near 0.9650 and the 0.9600 levels. 
 

Additional key levels 

USD/CHF

Overview
Today last price0.9694
Today Daily Change0.0000
Today Daily Change %0.00
Today daily open0.9694
 
Trends
Daily SMA200.9705
Daily SMA500.9655
Daily SMA1000.9689
Daily SMA2000.9787
 
Levels
Previous Daily High0.975
Previous Daily Low0.9665
Previous Weekly High0.9784
Previous Weekly Low0.9609
Previous Monthly High0.9803
Previous Monthly Low0.9595
Daily Fibonacci 38.2%0.9698
Daily Fibonacci 61.8%0.9718
Daily Pivot Point S10.9656
Daily Pivot Point S20.9618
Daily Pivot Point S30.9572
Daily Pivot Point R10.9741
Daily Pivot Point R20.9788
Daily Pivot Point R30.9826

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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