- USD/CHF is trading in a bull trend above the 200-period simple moving average (SMA) on the 4-hour chart.
- USD/CHF is breaking to 18-month high breaking the 1.0100 level and opening the door to 1.0160 (March 2017 high).
- The RSI and MACD indicators show no slowing down of the trend while the Stochastic is already in the overbought level.
Main trend: Bullish
Resistance 1: 1.0160 March 2017 high
Resistance 2: 1.2000 figure
Resistance 3: 1.2500 figure
Support 1: 1.0100 current 2018 high
Support 2: 1.0068 July 13 high
Support 3: 1.0000 parity level
Support 4: 0.9986 August high
Support 5: 0.9950 figure
Additional key levels at a glance:
USD/CHF
Overview:
Last Price: 1.0109
Daily change: 55 pips
Daily change: 0.547%
Daily Open: 1.0054
Trends:
Daily SMA20: 0.9996
Daily SMA50: 0.9852
Daily SMA100: 0.9883
Daily SMA200: 0.9777
Levels:
Daily High: 1.0088
Daily Low: 1.0044
Weekly High: 1.0088
Weekly Low: 0.9952
Monthly High: 1.0096
Monthly Low: 0.9801
Daily Fibonacci 38.2%: 1.0061
Daily Fibonacci 61.8%: 1.0071
Daily Pivot Point S1: 1.0036
Daily Pivot Point S2: 1.0019
Daily Pivot Point S3: 0.9993
Daily Pivot Point R1: 1.0079
Daily Pivot Point R2: 1.0105
Daily Pivot Point R3: 1.0122
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
EUR/USD climbs to 10-day highs above 1.0700
EUR/USD gained traction and rose to its highest level in over a week above 1.0700 in the American session on Tuesday. The renewed US Dollar weakness following the disappointing PMI data helps the pair stretch higher.
GBP/USD extends recovery beyond 1.2400 on broad USD weakness
GBP/USD gathered bullish momentum and extended its daily rebound toward 1.2450 in the second half of the day. The US Dollar came under heavy selling pressure after weaker-than-forecast PMI data and fueled the pair's rally.
Gold trims losses on disappointing US PMIs
Gold (XAU/USD) reclaims part of the ground lost and pares initial losses on the back of further weakness in the Greenback following disheartening US PMIs prints.
Here’s why Ondo price hit new ATH amid bearish market outlook Premium
Ondo price shows no signs of slowing down after setting up an all-time high (ATH) at $1.05 on March 31. This development is likely to be followed by a correction and ATH but not necessarily in that order.
Germany’s economic come back
Germany is the sick man of Europe no more. Thanks to its service sector, it now appears that it will exit recession, and the economic future could be bright. The PMI data for April surprised on the upside for Germany, led by the service sector.