“¢ The pair extended its recent retracement slide from near four-month tops and remained under some selling pressure for the fifth session in the previous six. “¢ The pair has now moved on the verge of breaking through the key parity mark, also coinciding with 61.8% Fibonacci level of the 0.9926-1.0125 recent upsurge. “¢ The fact that the pair remains well below its important intraday moving averages – 50, 100 & 200-hour SMAs, clearly points to further near-term depreciating move. “¢ Bearish oscillators on hourly/daily charts further add credence to the negative outlook and set the stage for a move towards testing the 0.9975 horizontal support. “¢ A follow-through selling has the potential to continue dragging the pair further towards challenging the very important 200-day SMA, around the 0.9920 region. USD/CHF 1-hourly chart USD/CHF Overview: Today Last Price: 1 Today Daily change: -12 pips Today Daily change %: -0.12% Today Daily Open: 1.0012 Trends: Daily SMA20: 1.003 Daily SMA50: 0.9983 Daily SMA100: 0.9971 Daily SMA200: 0.9921 Levels: Previous Daily High: 1.0026 Previous Daily Low: 0.9996 Previous Weekly High: 1.012 Previous Weekly Low: 1.001 Previous Monthly High: 1.01 Previous Monthly Low: 0.9921 Daily Fibonacci 38.2%: 1.0008 Daily Fibonacci 61.8%: 1.0015 Daily Pivot Point S1: 0.9996 Daily Pivot Point S2: 0.9981 Daily Pivot Point S3: 0.9966 Daily Pivot Point R1: 1.0027 Daily Pivot Point R2: 1.0042 Daily Pivot Point R3: 1.0057 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 EUR/JPY upside capped near 126.50, 100-day SMA FX Street 4 years "¢ The pair extended its recent retracement slide from near four-month tops and remained under some selling pressure for the fifth session in the previous six. "¢ The pair has now moved on the verge of breaking through the key parity mark, also coinciding with 61.8% Fibonacci level of the 0.9926-1.0125 recent upsurge. "¢ The fact that the pair remains well below its important intraday moving averages - 50, 100 & 200-hour SMAs, clearly points to further near-term depreciating move. "¢ Bearish oscillators on hourly/daily charts further add credence to the… 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.
