USD/CHF Technical Analysis: Greenback at 3-month’s low against CHF

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is trading in a sideways trend below the 50, 100 and 200-period simple moving average (SMA).
USD/CHF is trading near its lowest level since early October.

USD/CHF 4-hour chart

USD/CHF is challenging the December 2018 low.

USD/CHF daily chart

USD/CHF is trading below the 100 and 200 SMAs suggesting a bearish bias in the very short term.
Resistance to the upside can be seen near 0.9810 and 0.9850 while to the downside 0.9790 should be broken for a continuation to 0.9760.
As of now, nothing indicates bearish strength continuation in the coming sessions.

Additional key levels

USD/CHF

Overview:
    Today Last Price: 0.9789
    Today Daily change: -75 pips
    Today Daily change %: -0.760%
    Today Daily Open: 0.9864
Trends:
    Previous Daily SMA20: 0.9901
    Previous Daily SMA50: 0.9962
    Previous Daily SMA100: 0.9883
    Previous Daily SMA200: 0.9883
Levels:
    Previous Daily High: 0.9909
    Previous Daily Low: 0.9852
    Previous Weekly High: 0.9921
    Previous Weekly Low: 0.9796
    Previous Monthly High: 1.0009
    Previous Monthly Low: 0.979
    Previous Daily Fibonacci 38.2%: 0.9874
    Previous Daily Fibonacci 61.8%: 0.9887
    Previous Daily Pivot Point S1: 0.9841
    Previous Daily Pivot Point S2: 0.9818
    Previous Daily Pivot Point S3: 0.9784
    Previous Daily Pivot Point R1: 0.9898
    Previous Daily Pivot Point R2: 0.9932
    Previous Daily Pivot Point R3: 0.9955

Author

Flavio Tosti

Independent Analyst

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