Home USD/CHF Technical Analysis: Greenback plummets to new 3-month’s low ahead of FOMC minutes
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USD/CHF Technical Analysis: Greenback plummets to new 3-month’s low ahead of FOMC minutes

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend below the 50, 100 and 200-period simple moving average (SMA).
  • USD/CHF is trading close near its lowest level in three months.
  • The FOMC minutes scheduled at 19:00 GMT will likely provide high volatility in the forex market.

USD/CHF 4-hour chart

  • USD/CHF precipitated down below 0.9800 figure as Fed’s Bostic made some dovish comments.  

USD/CHF 30-minute chart

  • Hawkish FOMC minutes will likely send USD/CHF to 0.9820 while a dovish tone can see USD/CHF weakening to the 0.9700 figure.

Additional key levels

USD/CHF

Overview:
       Today Last Price:  0.976
       Today Daily change:  -55  pips
       Today Daily change %:  -0.560%
       Today Daily Open:  0.9815
Trends:
       Previous Daily SMA20:  0.989
       Previous Daily SMA50:  0.9953
       Previous Daily SMA100:  0.9881
       Previous Daily SMA200:  0.9885
Levels:
       Previous Daily High:  0.9835
       Previous Daily Low:  0.9788
       Previous Weekly High:  0.9921
       Previous Weekly Low:  0.9796
       Previous Monthly High:  1.0009
       Previous Monthly Low:  0.979
       Previous Daily Fibonacci 38.2%:  0.9817
       Previous Daily Fibonacci 61.8%:  0.9806
       Previous Daily Pivot Point S1:  0.979
       Previous Daily Pivot Point S2:  0.9766
       Previous Daily Pivot Point S3:  0.9743
       Previous Daily Pivot Point R1:  0.9837
       Previous Daily Pivot Point R2:  0.986
       Previous Daily Pivot Point R3:  0.9884

 

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