USD/CHF Technical Analysis: Bears taking the lead with 1.0025 target

USD/CHF 4-hour chart

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

USD/CHF 30-minute chart

  • Bears want to break below 1.0040 and the 50 SMA. 
  • As long as 1.0060 caps the upside, the bear target for Wednesday is at 1.0025. 
  • 0.9900 is the bear target in the medium-term.


Additional key levels

USD/CHF

Overview:
    Today Last Price: 1.0047
    Today Daily change: 4 pips
    Today Daily change %: 0.04%
    Today Daily Open: 1.0043
Trends:
    Daily SMA20: 1.0021
    Daily SMA50: 0.9948
    Daily SMA100: 0.9963
    Daily SMA200: 0.9912
Levels:
    Previous Daily High: 1.0056
    Previous Daily Low: 0.9983
    Previous Weekly High: 1.002
    Previous Weekly Low: 0.9926
    Previous Monthly High: 1.01
    Previous Monthly Low: 0.9921
    Daily Fibonacci 38.2%: 1.0028
    Daily Fibonacci 61.8%: 1.0011
    Daily Pivot Point S1: 0.9999
    Daily Pivot Point S2: 0.9954
    Daily Pivot Point S3: 0.9926
    Daily Pivot Point R1: 1.0072
    Daily Pivot Point R2: 1.01
    Daily Pivot Point R3: 1.0145

 

Gold Technical Analysis: Remains vulnerable to slide below $1270 level and test 100-DMA

   •  The precious metal extended its range-bound price action on Wednesday and remained confined in a narrow trading band, just below 38.2% Fibonacci
Leia mais Previous

NZD/USD stays in the negative territory below 0.68 after ADP employment data

Following the sharp fall in the Asian session, the NZD/USD pair staged a modest rebound but failed to turn positive on the day. As of writing, the pai
Leia mais Next