USD/CHF Technical Analysis: Greenback rises near the parity level against the Swiss Franc ahead of the Fed

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend as the currency pair is above the 50, 100 and 200-day simple moving averages (SMAs).
  • The Fed's Monetary Policy Statement at 19.00 GMT and the FOMC press conference this Wednesday can provide volatility in the forex market.


USD/CHF 4-hour chart

  • USD/CHF rose sharply to the parity level. What will happen now?

USD/CHF 30-minute chart

  • The current short-term bias is bullish and Greenback bulls will have to break the key resistance level at 1.0000 in order to confirm extra-gains.
  • To the downside, bears will be looking at the 0.9960 and 0.9940 level. 

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3222
    Today Daily change: -58 pips
    Today Daily change %: -0.44%
    Today Daily Open: 1.328
Trends:
    Daily SMA20: 1.3311
    Daily SMA50: 1.338
    Daily SMA100: 1.3215
    Daily SMA200: 1.3125
Levels:
    Previous Daily High: 1.3287
    Previous Daily Low: 1.324
    Previous Weekly High: 1.3378
    Previous Weekly Low: 1.3224
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Daily Fibonacci 38.2%: 1.3269
    Daily Fibonacci 61.8%: 1.3258
    Daily Pivot Point S1: 1.3251
    Daily Pivot Point S2: 1.3222
    Daily Pivot Point S3: 1.3205
    Daily Pivot Point R1: 1.3298
    Daily Pivot Point R2: 1.3315
    Daily Pivot Point R3: 1.3344

 

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