- USD/CHF breaks down below 50 -day SMA at 0.8020, closes below 0.8000 with momentum that favors another disadvantage.
- Bears Eye 0.7950 and 23 July low to 0.7911, with a road open to the annual trough at 0.7872.
- The buyer must recover 0.8000 and 50 -day SMA to question the resistance to 0.8047 and 100 -day SMA at 0.8122.
USD/CHF extended its losses on Friday and dropped below a 50 -day simple gliding diameter (SMA) to 0.8020. Release worse than expected Nonfarm Payrolly Message, fastened case for a Fed Reducing the September rate. At the time of writing, the pair is traded at 0.7980, by 0.94%.
USD/CHF Price prognosis: Technical outlook
The price event suggests that dealers have regenerated momentum, reaching a daily/weekly nearby number of 0.8000. This ruled the chances of testing the year -on -year (YTD) minimum 0.7872, reached 1 July.
Momentum suggests that bears are under control, as shown by the relative force index (RSI).
This means that if USD/CHF falls below 0.7950, it will expose it to 23 July. The minimum of 0.7911. The latter violation cleans the path to testing 0.7900, followed by low YTD.
On the other hand, if the buyer gets a regeneration of 0.8000, they must clean a 50 -day SMA before testing a 20 -day SMA to 0.8047. The key resistance lies above the head at a 100 -day SMA at 0.8122.
USD/CHF PRICE Graph – Daily
Frank’s Swiss Award this week
The table below shows the percentage change in the Swiss Frank (CHF) against the main currencies. The Swiss French was the strongest against the Canadian dollar.
| USD | Eur | GBP | Jy | CAD | Auditorium | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0,19% | -0.10% | 0.28% | 0.68% | -0,16% | -0.06% | -0.20% | |
| Eur | 0.19% | 0.09% | 0.40% | 0.89% | 0.03% | 0.15% | 0.00% | |
| GBP | 0.10% | -0.09% | 0.20% | 0.77% | -0.06% | 0.04% | -0.04% | |
| Jy | -0.28% | -0,40% | -0.20% | 0.47% | -0.44% | -0,31% | -0.43% | |
| CAD | -0.68% | -0.89% | -0.77% | -0.47% | -0.79% | -0.73% | -0.81% | |
| Auditorium | 0.16% | -0.03% | 0.06% | 0.44% | 0.79% | 0.10% | 0.02% | |
| NZD | 0.06% | -0.15% | -0.04% | 0.31% | 0.73% | -0.10% | -0.07% | |
| CHF | 0.20% | -0.01% | 0.04% | 0.43% | 0.81% | -0.02% | 0.07% |
The heat map shows the percentage changes in the main currencies against each other. The basic currency is selected from the left column, while the currency of the menu is selected from the upper row. For example, if you choose the Swiss Frank from the left column and move along the horizontal line to the US dollar, the percentage change displayed in the box will be CHF (Base)/USD (Quote).
