“¢ The pair extended overnight corrective slide from near 18-month lows and has now slipped below 100-hour SMA for the first time in over two-week. “¢ Technical indicators on hourly charts point to an extension of the corrective slide, though continue to hold in the bullish territory on the daily chart. “¢ Hence, it would be prudent to wait for a strong follow-through selling below the parity mark before positioning for any further near-term downfall. “¢ The mentioned handle coincides with 38.2% Fibonacci retracement level of the 0.9848-1.0095 recent upsurge and might thus act as an important pivotal point for the pair’s intraday momentum. USD/CHF 1-hourly chart USD/CHF Overview: Last Price: 1.0006 Daily change: -15 pips Daily change: -0.150% Daily Open: 1.0021 Trends: Daily SMA20: 0.9958 Daily SMA50: 0.9817 Daily SMA100: 0.9877 Daily SMA200: 0.9757 Levels: Daily High: 1.0092 Daily Low: 1 Weekly High: 1.0028 Weekly Low: 0.9938 Monthly High: 1.0096 Monthly Low: 0.9801 Daily Fibonacci 38.2%: 1.0035 Daily Fibonacci 61.8%: 1.0057 Daily Pivot Point S1: 0.9983 Daily Pivot Point S2: 0.9945 Daily Pivot Point S3: 0.989 Daily Pivot Point R1: 1.0076 Daily Pivot Point R2: 1.0131 Daily Pivot Point R3: 1.0169 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 Bitcoin ETF is a no-go for BlackRock so far, Larry Fink says FX Street 4 years "¢ The pair extended overnight corrective slide from near 18-month lows and has now slipped below 100-hour SMA for the first time in over two-week. "¢ Technical indicators on hourly charts point to an extension of the corrective slide, though continue to hold in the bullish territory on the daily chart. "¢ Hence, it would be prudent to wait for a strong follow-through selling below the parity mark before positioning for any further near-term downfall. "¢ The mentioned handle coincides with 38.2% Fibonacci retracement level of the 0.9848-1.0095 recent upsurge and might… 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.
