0.826
Today
+0.14%
5 Days
-0.78%
1 Month
+0.50%
6 Months
+6.15%
Year to Date
+4.22%
1 Year
+4.23%
Opening Price
0.824Previous Closing Price
0.824
The downside prevails as long as 0.8276 is resistance, with 0.8221 and 0.8210 as targets
above 0.8276, look for 0.8294 and 0.8304.
The downside prevails as long as 0.8276 is resistance, with 0.8221 and 0.8210 as targets
UOB strategists Quek Ser Leang and Lee Sue Ann observe that USD/CHF fell sharply before rebounding, leaving overall momentum subdued.
USD/CHF gains ground after posting losses the previous day, trading around 0.8260 during Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support safe-haven demand amid rising oil prices heighten global inflation concerns.
The US Dollar (USD) retraces Monday’s gains against the Swiss Franc (CHF) on Tuesday, as investors brace for a Federal Reserve (Fed) pause next week, while concerns about a potential AI bubble add pressure on the Greenback.
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/CHF closed firmer at 0.8265 after trading in a tight 0.8228–0.8270 band. Intraday, a slight uptick in momentum points to modest gains within 0.8240–0.8285.
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.