0.825
Today
+0.04%
5 Days
+1.91%
1 Month
+1.55%
6 Months
+4.80%
Year to Date
+4.18%
1 Year
+5.04%
Opening Price
0.824Previous Closing Price
0.825
The upside prevails as long as 0.8207 is support, with 0.8271 and 0.8281 as targets
below 0.8207, expect 0.8190 and 0.8180.
The upside prevails as long as 0.8207 is support, with 0.8271 and 0.8281 as targets
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CHF has staged an overdone rally toward 0.8265 and now expect the pair to consolidate between 0.8225 and 0.8275 in the near term.
USD/CHF inches lower after reaching nearly 16-month highs the previous day, trading around 0.8250 during the Asian hours on Thursday.
• USDCHF appreciation is driven by widening US and Swiss interest rate differentials. • The Swiss franc faces headwinds from SNB low rates and low inflation. • Technical indicators show a MACD buy signal alongside an overbought Williams %R.
UOB’s Quek Ser Leang and Lee Sue Ann see USD/CHF consolidating just below major resistance at 0.8205 after trading between 0.8164 and 0.8198.
USD/CHF halts its five-day winning streak, trading around 0.8180 during Asian hours on Wednesday. The pair inches lower as the US Dollar (USD) depreciates ahead of the interest rate decision by the Federal Reserve (Fed).
USD/CHF extends its advance for a fifth consecutive day on Tuesday as the US Dollar (USD) stays firmly bid ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday. At the time of writing, the pair trades around 0.8191, near levels last seen on July 29.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
