USD/CHF Technical Analysis: Greenback losing the grip against the Swiss Franc

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is trading in a sideways trend above the 50, 100 and 200-day simple moving averages (SMAs).

USD/CHF 4-hour chart

USD/CHF is trading above its main SMAs suggesting bullish momentum in the medium-term.

USD/CHF 30-minute chart

USD/CHF is trading between the 100 and 200 SMA suggesting a sideways market, however, bears will most regain control in the coming sessions.
On the way down, support is seen at 1.0040 and 0.9990 levels.
Resistance is at 1.0090 and 1.0120.

Additional key levels

USD/CHF

Overview:
    Today Last Price: 1.0052
    Today Daily change: -39 pips
    Today Daily change %: -0.39%
    Today Daily Open: 1.0091
Trends:
    Daily SMA20: 0.998
    Daily SMA50: 0.9921
    Daily SMA100: 0.9944
    Daily SMA200: 0.9909
Levels:
    Previous Daily High: 1.0094
    Previous Daily Low: 1.0042
    Previous Weekly High: 1.003
    Previous Weekly Low: 0.9943
    Previous Monthly High: 0.9996
    Previous Monthly Low: 0.9716
    Daily Fibonacci 38.2%: 1.0074
    Daily Fibonacci 61.8%: 1.0062
    Daily Pivot Point S1: 1.0057
    Daily Pivot Point S2: 1.0023
    Daily Pivot Point S3: 1.0005
    Daily Pivot Point R1: 1.011
    Daily Pivot Point R2: 1.0128
    Daily Pivot Point R3: 1.0162

Author

Flavio Tosti

Independent Analyst

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