USD/CHF stays flat near mid-0.99s. DXY fails to break above the 95 mark. Wall Street set to open the day lower. The USD/CHF pair reached a daily high at 0.9980 ahead of the NA session and lost its bullish momentum to turn flat near mid-0.99s. Although the greenback strength helped the pair extend its upside earlier in the day, the mixed macroeconomic data from the United States forced the US Dollar Index to erase a part of its daily gains. Today’s data showed that housing starts increased by 5% in May to beat the market expectation of while building permits contracted by 4.6% following April’s 0.9% decrease. The DXY, which came within a touching distance of the 95 mark, is now at 94.78, still up 0.4% on the day. On the other hand, the risk-off mood keeps the demand for traditional safe-havens strong on Tuesday. Japan’s Nikkei 225 Index closed the day 1.77% lower and Germany’s DAX and the UK’s FTSE are both losing 0.4% at the moment. Moreover, Wall Street is looking to start the day lower with the Dow Jones Industrial Average and the S&P 500 dropping 0.4% and 1% respectively in the pre-market trading. Technical levels to consider On the upside, with a daily close above 1.0000 (parity/psychological level), the pair could rise toward 1.0055 (May 9 high) and 1.0095/1.0100 (May 10, 2017, high/psychological level). On the downside, supports are located at 0.9925 (50-DMA), 0.9880 (20-DMA) and 0.9790 (Jun. 7 low). 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 US Dollar eases from tops near 95.30 on mixed US data FX Street 5 years USD/CHF stays flat near mid-0.99s. DXY fails to break above the 95 mark. Wall Street set to open the day lower. The USD/CHF pair reached a daily high at 0.9980 ahead of the NA session and lost its bullish momentum to turn flat near mid-0.99s. Although the greenback strength helped the pair extend its upside earlier in the day, the mixed macroeconomic data from the United States forced the US Dollar Index to erase a part of its daily gains. Today's data showed that housing starts increased by 5% in May to beat the market expectation of while building permits… 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.