USD/CHF falls toward the parity level, retreating from 2-day highs. US Dollar Index resumes decline and hits fresh weekly lows. The USD/CHF pair peaked at the beginning of the US session at 1.0051, reaching the highest level in two day but then turned again to the downside, falling to 1.0008, a fresh 10-day low. The pair remains with a negative tone and close to the 1.0000 area. The move to the downside took place a mid a decline of the US dollar across the board on the back of lower US yields and an improvement in risk sentiment. Some better-than-expected data from the US did not help the dollar. The Consumer Sentiment survey from the University of Michigan reported an improvement to 97.8 in March from 93.8, significantly above expectations. Previously it was reported that industrial production rose 0.1% in February, below the 0.4% expected. On a weekly basis, USD/CHF is consolidating weekly losses, retreating from multi-month highs. Again, the greenback was rejected from above 1.0100. Below parity, a strong support is seen around 0.9960/70 (20-week moving average). USD/CHF Overview: Today Last Price: 1.0016 Today Daily change: -0.0022 pips Today Daily change %: -0.22% Today Daily Open: 1.0038 Trends: Daily SMA20: 1.0032 Daily SMA50: 0.9976 Daily SMA100: 0.997 Daily SMA200: 0.992 Levels: Previous Daily High: 1.0052 Previous Daily Low: 1.0028 Previous Weekly High: 1.0125 Previous Weekly Low: 0.9977 Previous Monthly High: 1.01 Previous Monthly Low: 0.9921 Daily Fibonacci 38.2%: 1.0037 Daily Fibonacci 61.8%: 1.0043 Daily Pivot Point S1: 1.0027 Daily Pivot Point S2: 1.0015 Daily Pivot Point S3: 1.0003 Daily Pivot Point R1: 1.0051 Daily Pivot Point R2: 1.0063 Daily Pivot Point R3: 1.0075 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. View All Post By FX Street FXStreet News share Read Next Bitcoin Technical Analysis: BTC/USD may be able to see a fresh wave of strong buying pressure soon, must break $4000-4100 range FX Street 4 years USD/CHF falls toward the parity level, retreating from 2-day highs. US Dollar Index resumes decline and hits fresh weekly lows. The USD/CHF pair peaked at the beginning of the US session at 1.0051, reaching the highest level in two day but then turned again to the downside, falling to 1.0008, a fresh 10-day low. The pair remains with a negative tone and close to the 1.0000 area. The move to the downside took place a mid a decline of the US dollar across the board on the back of lower US yields and an improvement in risk… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
