Home USD/CHF Price Analysis: Greenback trying to regain the 0.9700 figure vs. Swiss franc
FXStreet News

USD/CHF Price Analysis: Greenback trying to regain the 0.9700 figure vs. Swiss franc

FX Street
Published date:
  • Broad USD weakness keeps the USD/CHF pair below the 0.9700 level. 
  • There is little to no directional bias as the technical picture is mixed.
 

USD/CHF daily chart

 
USD/CHF is trading just below the 0.9700 figure but above the 50/100 SMAs on the daily chart. 
 

USD/CHF four-hour chart

 
USD/CHF is grinding lower from the May highs while trading below the 0.9700 figure and the main SMAs on the four-hour chart. Bulls are trying to regain the 0.9700 figure however the picture remains mixed on this currency pair. To the downside, support can emerge near 0.9650 and the 0.9600 levels. 
 

Additional key levels 

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2026