0.832
Today
+0.21%
5 Days
-0.01%
1 Month
+2.78%
6 Months
+4.05%
Year to Date
+4.97%
1 Year
+4.66%
Opening Price
0.830Previous Closing Price
0.830
The upside prevails as long as 0.8294 is support, with 0.8338 and 0.8349 as targets
below 0.8294, expect 0.8275 and 0.8264.
The upside prevails as long as 0.8294 is support, with 0.8338 and 0.8349 as targets
USD/CHF extends its gains for the second successive day, trading around 0.8320 during European hours on Tuesday. The pair is moving higher as the US Dollar (USD) gains momentum, largely driven by a surge in safe-haven demand amidst escalating geopolitical conflicts.
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe USD/CHF as consolidating after failing to extend lower, with Monday’s session confined to a narrow range around 0.8310. Intraday, they expect further sideways trading between nearby support and resistance.
USD/CHF edges higher on Monday, snapping a two-day losing streak as the US Dollar (USD) climbs to a fresh year-to-date high.
The Swiss Franc (CHF) has retraced previous losses on Monday and trades practically flat against the US Dollar (USD), hardly affected by the bond market turmoil that has crushed investors’ appètite for risk.
United Overseas Bank (UOB) strategist Quek Ser Leang notes USD/CHF reversed sharply from 0.8382 to close at 0.8286, with intraday price action expected to edge lower toward 0.8245 while staying above 0.8225.
USD/CHF gains ground after two days of losses, trading around 0.8310 during Asian hours on Monday. The pair is currently appreciating due to a strengthening US Dollar (USD) amid rising safe-haven demand, which could be attributed to deteriorating geopolitical conditions in the Middle East.
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.