USD/CHF Price Analysis: US dollar nearing 0.9800 handle and 200 DMA vs. Swiss franc


  • USD/CHF is trading up for the fifth day in a row on USD demand. 
  • The level to beat for buyers is the 0.9800 resistance.
 
 

USD/CHF daily chart

 
 
USD/CHF is rebounding from the 0.9500 level while nearing the 0.9800 handle and the 200 DMA on the daily chart as DXY (US dollar index) is ticking up.
 

USD/CHF four-hour chart

 
The spot is about to challenge the 0.9800 figure while trading above the main SMAs on the four-hour chart. A break beyond the above-mentioned level could introduce scope to further gains with bulls bull moving towards the 0.9900 and 1.0000 price levels on the way up while support can emerge near the 0.9700, 0.9600 and 0.9550 price levels on any retracement.
 

Additional key levels

USD/CHF

Overview
Today last price 0.978
Today Daily Change 0.0044
Today Daily Change % 0.45
Today daily open 0.9736
 
Trends
Daily SMA20 0.9601
Daily SMA50 0.9674
Daily SMA100 0.974
Daily SMA200 0.981
 
Levels
Previous Daily High 0.975
Previous Daily Low 0.9652
Previous Weekly High 0.9902
Previous Weekly Low 0.9502
Previous Monthly High 0.9902
Previous Monthly Low 0.9183
Daily Fibonacci 38.2% 0.9713
Daily Fibonacci 61.8% 0.969
Daily Pivot Point S1 0.9676
Daily Pivot Point S2 0.9615
Daily Pivot Point S3 0.9578
Daily Pivot Point R1 0.9774
Daily Pivot Point R2 0.9811
Daily Pivot Point R3 0.9872

 

 

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