Home USD/CHF Technical Analysis: Greenback rises near the parity level against the Swiss Franc ahead of the Fed
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USD/CHF Technical Analysis: Greenback rises near the parity level against the Swiss Franc ahead of the Fed

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend as the currency pair is above the 50, 100 and 200-day simple moving averages (SMAs).
  • The Fed’s Monetary Policy Statement at 19.00 GMT and the FOMC press conference this Wednesday can provide volatility in the forex market.

USD/CHF  4-hour chart

  • USD/CHF rose sharply to the parity level. What will happen now?

USD/CHF  30-minute chart

  • The current short-term bias is bullish and Greenback bulls will have to break the key resistance level at 1.0000 in order to confirm extra-gains.
  • To the downside, bears will be looking at the 0.9960 and 0.9940 level.  

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3222
       Today Daily change:  -58  pips
       Today Daily change %:  -0.44%
       Today Daily Open:  1.328
Trends:
       Daily SMA20:  1.3311
       Daily SMA50:  1.338
       Daily SMA100:  1.3215
       Daily SMA200:  1.3125
Levels:
       Previous Daily High:  1.3287
       Previous Daily Low:  1.324
       Previous Weekly High:  1.3378
       Previous Weekly Low:  1.3224
       Previous Monthly High:  1.4134
       Previous Monthly Low:  1.316
       Daily Fibonacci 38.2%:  1.3269
       Daily Fibonacci 61.8%:  1.3258
       Daily Pivot Point S1:  1.3251
       Daily Pivot Point S2:  1.3222
       Daily Pivot Point S3:  1.3205
       Daily Pivot Point R1:  1.3298
       Daily Pivot Point R2:  1.3315
       Daily Pivot Point R3:  1.3344

 

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