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

 

 

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. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Are you new to trading or have been trading for a while and you feel stuck?

Try with us!
Become Premium!
   

Latest Forex News


Latest Forex News

Editors’ Picks

EUR/USD: Demand for high-yielding assets likely to continue

The EUR/USD pair reached1.2171 last Friday, its highest since March 1, closing the week a few pips below such a high. Wall Street reached all-time highs, while US government bond yields plunged. EUR/USD is overbought but still has room to extend its advance.

EUR/USD News

GBP/USD: Scottish election’s result may take its toll on pound

 The British Pound took advantage of the broad dollar’s weakness, and GBP/USD  surged to 1.4005, retreating just modestly ahead of the close to settle around 1.3990. GBP/USD is technically bullish, could advance once above 1.4015 resistance.

GBP/USD News

Gold could target 200-day SMA

Gold extended its rally after surging above $1,800 on Thursday. During the first half of the week, the XAU/USD pair struggled to rise above $1,800 and fluctuated in a horizontal channel. The next target on the upside aligns at $1,850.

Gold News

Judge reaffirms order SEC must produce documents on Bitcoin, Ether and XRP in Ripple case

Ripple's victory granted the firm access to the SEC's documents on the three leading cryptocurrencies. The regulatory agency recently denied the possession of these documents.

More Dogecoin News

S&P 500 and Nasdaq: Can the Fed pump anymore after weak jobs report

Well, that was an interesting jobs report. Not too many people were forecasting that one. Just in case you missed it NFP were forecast to come in around the 1 million jobs gained but instead the US only added 266k.

Read more

Forex MAJORS

Cryptocurrencies

Signatures