USD/CHF is erasing parts of the Fed-inspired gains. The correction down can extend to 0.9915, 0.9895 and 0.9860, according to the Technical Confluences Indicator. USD/CHF daily chart USD/CHF attempted to break above July tops but is now retreating and reversing the daily gains. The market is trading below its 100/200 daily simple moving averages (DSMAs), suggesting a bearish bias. USD/CHF 4-hour chart USD/CHF is trading above its main SMAs, suggesting bullish momentum in the medium term. However bull will need to regain the 0.9955 level if they want to continue their ascent towards 0.9990 and the parity level, according to the Technical Confluences Indicator. USD/CHF 30-minute chart USD/CHF is trading below the 0.9955 resistance and the 50 SMA suggesting a correction down in the near term. The pullback down can extend towards 0.9915, 0.9895 and 0.9860, according to the Technical Confluences Indicator. Additional key levels 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 CFL Crypto Fund Index surges 16.8% outperforming Bitcoin FX Street 4 years USD/CHF is erasing parts of the Fed-inspired gains. The correction down can extend to 0.9915, 0.9895 and 0.9860, according to the Technical Confluences Indicator. USD/CHF daily chart USD/CHF attempted to break above July tops but is now retreating and reversing the daily gains. The market is trading below its 100/200 daily simple moving averages (DSMAs), suggesting a bearish bias. USD/CHF 4-hour chart USD/CHF is trading above its main SMAs, suggesting bullish momentum in the medium term. However bull will need to regain the 0.9955 level if they want to continue their ascent… 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.