Home USD/CHF Technical Analysis: Dollar making another run for 1.0000
FXStreet News

USD/CHF Technical Analysis: Dollar making another run for 1.0000

The previous twenty-four hours saw the USD/CHF fail to hold ground above the 1.0000 major technical handle, and the pair is looking to regain its composure and make a second run at the key level from last Friday’s/early Monday’s lows near 0.9965.

USD/CHF, M5

Last week, the Dollar-Franc continued to grind higher off of a rising but contested bullish trendline, and the pair’s resistance from the 1.0000 is unlikely to remain subdued for long.

USD/CHF, M30

The past month has seen the Greenback take key steps back above the 1.0000 major handle, and the pairt remains on-balance to reclaim the key figure, and the past month has seen the Dollar-Franc pairing recover from near-term lows off of 0.9850.

USD/CHF, H4

USD/CHF

Overview:
       Last Price:  0.9982
       Daily change:  10  pips
       Daily change:  0.100%
       Daily Open:  0.9972
Trends:
       Daily SMA20:  0.9925
       Daily SMA50:  0.9803
       Daily SMA100:  0.987
       Daily SMA200:  0.9748
Levels:
       Daily High:  1.0028
       Daily Low:  0.9964
       Weekly High:  1.0028
       Weekly Low:  0.9938
       Monthly High:  0.982
       Monthly Low:  0.9542
       Daily Fibonacci 38.2%:  0.9988
       Daily Fibonacci 61.8%:  1.0003
       Daily Pivot Point S1:  0.9948
       Daily Pivot Point S2:  0.9924
       Daily Pivot Point S3:  0.9884
       Daily Pivot Point R1:  1.0012
       Daily Pivot Point R2:  1.0052
       Daily Pivot Point R3:  1.0076

 

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.