- USD/CHF is trading in a bull trend above its 50, 100 and 200-period simple moving average (SMA) on the 4-hour chart.
- USD/CHF bulls are keeping the market above the parity level as bulls are attempting to drive the currency pair to the 2018 high at the 1.0069 level. The RSI and MACD indicators are suggesting more gains while the Stochastic is already in the overbought zone; all-in-all suggesting bullish continuation.
- A break below 0.9950 on a daily closing basis would be a warning sign for bulls.
USD/CHF 4-hour chart
Main trend: Bullish
Resistance 1: 1.0068 July 13 high
Resistance 2: 1.0100 figure
Resistance 3: 1.0069 current 2018 high
Resistance 3: 1.0160 March 2017 high
Support 1: 1.0000 parity level
Support 2: 0.9986 August high
Support 3: 0.9950 figure
Support 4: 0.9891 October 4 low
Support 5: 0.9868 July 31 low
Additional key levels at a glance:
USD/CHF
Overview:
Last Price: 1.0031
Daily change: 12 pips
Daily change: 0.120%
Daily Open: 1.0019
Trends:
Daily SMA20: 0.9934
Daily SMA50: 0.9805
Daily SMA100: 0.9872
Daily SMA200: 0.975
Levels:
Daily High: 1.0026
Daily Low: 0.9967
Weekly High: 1.0028
Weekly Low: 0.9938
Monthly High: 0.982
Monthly Low: 0.9542
Daily Fibonacci 38.2%: 1.0003
Daily Fibonacci 61.8%: 0.999
Daily Pivot Point S1: 0.9982
Daily Pivot Point S2: 0.9946
Daily Pivot Point S3: 0.9924
Daily Pivot Point R1: 1.0041
Daily Pivot Point R2: 1.0062
Daily Pivot Point R3: 1.0099