USD/CHF technical analysis: US Dollar on the way up near 0.9940 against CHF

USD/CHF is gaining some bullish traction above 0.9920 support.
The level to beat for bulls is at 0.9960.

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is in consolidation mode below the parity level and its 200-daily simple moving average (DSMA).

USD/CHF 4-hour chart

USD/CHF is trading near Wednesday high and above its 50 SMA.

USD/CHF 30-minute chart

The market is trading above its main SMAs suggesting bullish momentum in the near term. A breakout above the 0.9960 resistance can lead the market up to the parity level. Support is at 0.9940 and 0.9920.

Additional key levels

USD/CHF

Overview
Today last price	0.9948
Today Daily Change	-0.0006
Today Daily Change %	-0.06
Today daily open	0.9954

Trends
Daily SMA20	1.0009
Daily SMA50	1.0075
Daily SMA100	1.0037
Daily SMA200	0.9967

Levels
Previous Daily High	0.996
Previous Daily Low	0.9902
Previous Weekly High	1.0017
Previous Weekly Low	0.9854
Previous Monthly High	1.0227
Previous Monthly Low	1
Daily Fibonacci 38.2%	0.9938
Daily Fibonacci 61.8%	0.9924
Daily Pivot Point S1	0.9917
Daily Pivot Point S2	0.9881
Daily Pivot Point S3	0.9859
Daily Pivot Point R1	0.9975
Daily Pivot Point R2	0.9997
Daily Pivot Point R3	1.0033

Author

Flavio Tosti

Independent Analyst

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