0.813
Today
+0.25%
5 Days
+1.51%
1 Month
+0.81%
6 Months
+5.84%
Year to Date
+2.67%
1 Year
+1.67%
Opening Price
0.811Previous Closing Price
0.811The Swiss Franc (CHF) extends its decline against a stronger US Dollar (USD) on Wednesday, and is nearly 0.9% down in the last two days.
• Rising U.S. Treasury yields and interest-rate differentials drove the advance in USDCHF. • Durable U.S. economic data and persistent inflation revived Federal Reserve rate expectations. • Swiss National Bank policy at zero percent left the franc vulnerable.
USD/CHF gains for the second successive day, trading around 0.8130 during the Asian hours on Wednesday.
• USDCHF advanced due to widening policy divergence and rising US Treasury yields. • Swiss Franc underperformed as the SNB maintained a deeply accommodative monetary posture. • Technical indicators show neutral MACD and RSI readings with an overbought Williams %R.
USD/CHF ticks higher on Tuesday as the US Dollar (USD) recoups most of the previous day’s losses. Hawkish Federal Reserve (Fed) expectations and rising US Treasury yields keep the Greenback underpinned near its recent highs.
USD/CHF appreciates after registering losses in the previous day, trading around 0.8100 during the Asian hours on Tuesday. The pair remains steady despite stronger-than-expected Swiss economic data.
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.
The MACD must penetrate its zero line to expect further downside.
above 0.8147, look for 0.8166 and 0.8178.
Under pressure below 0.8147, with 0.8102 and 0.8090 as targets
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