Today
+0.30%
5 Days
-0.77%
1 Month
-0.92%
6 Months
+5.05%
Year to Date
+3.56%
1 Year
+2.09%
Opening Price
0.818Previous Closing Price
0.818
The upside prevails as long as 0.8191 is support, with 0.8232 and 0.8243 as targets
below 0.8191, expect 0.8173 and 0.8162.
The upside prevails as long as 0.8191 is support, with 0.8232 and 0.8243 as targets
The Swiss Franc (CHF) extends gains for the second consecutive day on Tuesday, favoured by higher-than-expected Swiss Consumer Price Index (CPI) data while the US Dollar (USD) remains on the defensive, as US voters head to the polls in the midterm elections.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report a sharp drop in USD/CHF, with the pair closing down 0.80% and testing key supports. Intraday, they see potential for a brief break below 0.8165, though oversold conditions may limit follow-through.
USD/CHF remains flat after losing its daily gains, trading around 0.8180 during Asian hours on Tuesday. The pair faces challenges as the Swiss Franc (CHF) receives support ahead of the domestic Consumer Price Index (CPI) data release.
• USD/CHF declined due to safe-haven demand and lower US Treasury yields. • The MACD value is -0.002, the RSI is 42.819. • Williams %R stands at 93.583, indicating an oversold market condition.
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.