0.833
Today
+0.15%
5 Days
-0.11%
1 Month
+2.90%
6 Months
+4.41%
Year to Date
+5.09%
1 Year
+4.77%
Opening Price
0.831Previous Closing Price
0.831
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
The Swiss Franc (CHF) loses ground for the third consecutive day against the US Dollar (USD) on Wednesday, retracing the rebound witnessed late last week.
USD/CHF extends its gains for the third consecutive day, trading around 0.8330 during Asian hours on Wednesday. Switzerland’s seasonally-adjusted Unemployment Rate was unchanged at 3.1% for the fifth month in a row in September. Foreign Currency Reserves for September will be eyed later in the day.
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.
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.