“¢ The pair remained under some selling pressure for the second consecutive session and dropped to near one-week lows in the last hour, albeit found some support near the 1.0050 area. “¢ The mentioned support comprises of 200-hour SMA and also nears 38.2% Fibo. level of the 0.9926-1.0125 recent upsurge and should now act as a key pivotal point for short-term traders. “¢ Technical indicators on hourly charts have been gaining negative traction and have also started losing positive momentum on the daily chart, suggesting further near-term downside. “¢ A sustained break below the said confluence support will reinforce the bearish bias and turn the pair vulnerable to break below 50% Fibo. support and aim towards challenging the parity mark. USD/CHF 1-hourly chart USD/CHF Overview: Today Last Price: 1.0062 Today Daily change: -16 pips Today Daily change %: -0.16% Today Daily Open: 1.0078 Trends: Daily SMA20: 1.0036 Daily SMA50: 0.997 Daily SMA100: 0.9969 Daily SMA200: 0.9918 Levels: Previous Daily High: 1.0112 Previous Daily Low: 1.0063 Previous Weekly High: 1.0125 Previous Weekly Low: 0.9977 Previous Monthly High: 1.01 Previous Monthly Low: 0.9921 Daily Fibonacci 38.2%: 1.0082 Daily Fibonacci 61.8%: 1.0093 Daily Pivot Point S1: 1.0057 Daily Pivot Point S2: 1.0035 Daily Pivot Point S3: 1.0008 Daily Pivot Point R1: 1.0106 Daily Pivot Point R2: 1.0133 Daily Pivot Point R3: 1.0155 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 EU Comission: In event of no-deal, EU will apply normal trade regime with UK FX Street 4 years "¢ The pair remained under some selling pressure for the second consecutive session and dropped to near one-week lows in the last hour, albeit found some support near the 1.0050 area. "¢ The mentioned support comprises of 200-hour SMA and also nears 38.2% Fibo. level of the 0.9926-1.0125 recent upsurge and should now act as a key pivotal point for short-term traders. "¢ Technical indicators on hourly charts have been gaining negative traction and have also started losing positive momentum on the daily chart, suggesting further near-term downside. "¢ A sustained… 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.
