USD/CHF technical analysis: Greenback loses steam against Swissy, trades near 0.9930 level


  • USD/CHF erased its intraday gains, settling near the 0.9930 level. 
  • Support is seen at the 0.9920 level.
 

USD/CHF daily chart

 
On the daily chart, USD/CHF is trading in a range below its 200-day simple moving average (DMA). The spot is holding just above the 50 SMA today at the 0.9921 level. 
 

USD/CHF four-hour chart

 
USD/CHF is retracing down from the current November highs while challenging the 0.9920 level and 200 SMA. If the buyers give up, the spot can continue to decline towards the 0.9899 and 0.9855 support levels, according to the Technical Confluences Indicator. 
 

USD/CHF 30-minute chart

 
 
USD/CHF is trading below the main SMAs, suggesting a bearish bias in the short term. Resistance can be found near the 0.9951/61 zone and the 0.9982 level, according to the Technical Confluences Indicator. 
 

Additional key levels

USD/CHF

Overview
Today last price 0.993
Today Daily Change -0.0002
Today Daily Change % -0.02
Today daily open 0.9932
 
Trends
Daily SMA20 0.9914
Daily SMA50 0.992
Daily SMA100 0.9876
Daily SMA200 0.9955
 
Levels
Previous Daily High 0.9978
Previous Daily Low 0.9928
Previous Weekly High 0.998
Previous Weekly Low 0.9852
Previous Monthly High 1.0028
Previous Monthly Low 0.9837
Daily Fibonacci 38.2% 0.9947
Daily Fibonacci 61.8% 0.9959
Daily Pivot Point S1 0.9914
Daily Pivot Point S2 0.9896
Daily Pivot Point S3 0.9864
Daily Pivot Point R1 0.9964
Daily Pivot Point R2 0.9996
Daily Pivot Point R3 1.0014

 

 

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