USD/CHF Technical Analysis: Greenback bulls remain in charge above the 0.9800 level

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 4-hour chart

  • The market is rejecting the 50 and 100 SMA. 

USD/CHF 30-minute chart

  • USD/CAD is trading above its 200 SMA.
  • USD bulls are likely in charge as the next objective is to retest 0.9850 and then break to 0.9900 figure if the buyers gather enough steam.
  • Support is seen near the 0.9790 level.

Additional key levels

USD/CHF

Overview:
    Today Last Price: 0.9814
    Today Daily change: -24 pips
    Today Daily change %: -0.244%
    Today Daily Open: 0.9838
Trends:
    Previous Daily SMA20: 0.9868
    Previous Daily SMA50: 0.9939
    Previous Daily SMA100: 0.988
    Previous Daily SMA200: 0.9888
Levels:
    Previous Daily High: 0.9856
    Previous Daily Low: 0.9813
    Previous Weekly High: 0.9876
    Previous Weekly Low: 0.9716
    Previous Monthly High: 1.0009
    Previous Monthly Low: 0.979
    Previous Daily Fibonacci 38.2%: 0.983
    Previous Daily Fibonacci 61.8%: 0.984
    Previous Daily Pivot Point S1: 0.9815
    Previous Daily Pivot Point S2: 0.9793
    Previous Daily Pivot Point S3: 0.9772
    Previous Daily Pivot Point R1: 0.9859
    Previous Daily Pivot Point R2: 0.9879
    Previous Daily Pivot Point R3: 0.9902

 

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.