USD/CHF Technical Analysis: Greenback jumps back above the parity level

  • USD/CHF is trading in a bull trend above the 200-period simple moving average (SMA) on the 4-hour chart.
  • USD/CHF rose back above the parity level after finding support at the 100 SMA. Technical indicators are gaining some steam suggesting further gains ahead. 
  • Bulls will try to break 1.0100 current 2018 high in order to reach 1.0160 March 2017 high.

USD/CHF 4-hour chart

Main trend:                    Bullish

Resistance 1:                1.0068 July 13 high
Resistance 2:                1.0100 current 2018 high 
Resistance 3:                1.0160 March 2017 high
Resistance 4:                1.2000 figure

Support 1:                     1.0000 parity level
Support 2:                     0.9986 August high
Support 3:                     0.9950 figure
Support 4:                     0.9891 October 4 low
Support 5:                     0.9868 July 31 low


Additional key levels at a glance:

USD/CHF

Overview:
    Last Price: 1.0037
    Daily change: 16 pips
    Daily change: 0.160%
    Daily Open: 1.0021
Trends:
    Daily SMA20: 0.9958
    Daily SMA50: 0.9817
    Daily SMA100: 0.9877
    Daily SMA200: 0.9757
Levels:
    Daily High: 1.0092
    Daily Low: 1
    Weekly High: 1.0028
    Weekly Low: 0.9938
    Monthly High: 1.0096
    Monthly Low: 0.9801
    Daily Fibonacci 38.2%: 1.0035
    Daily Fibonacci 61.8%: 1.0057
    Daily Pivot Point S1: 0.9983
    Daily Pivot Point S2: 0.9945
    Daily Pivot Point S3: 0.989
    Daily Pivot Point R1: 1.0076
    Daily Pivot Point R2: 1.0131
    Daily Pivot Point R3: 1.0169

 

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