20 Jan 2014
USD/CHF is strongly positioned above 0.91
FXstreet.com (Moscow) - USD/CHF started the day with a slide to 0.91, but quickly reversed the move reaching morning high at 0.9132; now it trades at 0.9113.
Second attempt of USD/CHF
The pair broke 0.91 psychological barrier the second time during the last ten day, and probably this time it will manage to hold it. The USD is still strong despite the series of disappointing data released on Friday. This week will hardly bring any new developments to the pair, as the economic calendar is practically empty, except for the US data scheduled for Thursday. Today we may see further consolidation within 0.91-9135 area.
What are today’s key USD/CHF levels?
Today's central pivot point can be found at 0.9092 with support below at 0.9064 (S1), 0.9014 (S2) and 0.8986 (S3), with resistance above at 0.9142 (R1), 0.9170, and 0.9220 (R3). Hourly Moving Averages are largely bullish, with the 200SMA at 0.9065 and the daily 20EMA bullish at 0.9024. Hourly RSI is neutral at 66.
Second attempt of USD/CHF
The pair broke 0.91 psychological barrier the second time during the last ten day, and probably this time it will manage to hold it. The USD is still strong despite the series of disappointing data released on Friday. This week will hardly bring any new developments to the pair, as the economic calendar is practically empty, except for the US data scheduled for Thursday. Today we may see further consolidation within 0.91-9135 area.
What are today’s key USD/CHF levels?
Today's central pivot point can be found at 0.9092 with support below at 0.9064 (S1), 0.9014 (S2) and 0.8986 (S3), with resistance above at 0.9142 (R1), 0.9170, and 0.9220 (R3). Hourly Moving Averages are largely bullish, with the 200SMA at 0.9065 and the daily 20EMA bullish at 0.9024. Hourly RSI is neutral at 66.