- USD/CHF is closed by 0.04% on Friday, but records 1.37% a weekly drop per month to 0.8054.
- The bear structure persists: lower maximum/minimum and the weak RSI signal continued with a disadvantage.
- Key support lies at 0.8054 and 0.8038; The violation can detect a psychological level of 0.8000.
- Bulls need a break over 0.8147 to invite 0.8200 and a 50 -day SMA near 0.8257.
USD/CHF ended Friday’s profits of over 0.04%, but in the week it fell by 1.37% to a monthly minimum of 0.8054. At the time of writing, the couple is traded at 0.8104 due to increased demand for a dollar in the middle risk aversion.
USD/CHF Price prognosis: Technical outlook
USD/CHF is a bears distorted due to its price of price actions gradually lower maximum minimum, indicating that sellers are under control. In addition, the relative force index (RSI) has seen a lower minimum, indicating the bear territory. This means that the path of the least resistance is inclined to a disadvantage.
If USD/CHF drops below 0.8100, the next level of support would be a minimum of 0.8054. As far as another weakness is concerned, the pair could spread to 0.8038, before 0.8000.
On the other hand, a decisive breakthrough 13th June can open a maximum of 0.8147 to the door for testing 0.82, followed by a 50 -day simple gliding diameter (SMA) to 0.8057.
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 Australian dollar.
| USD | Eur | GBP | Jy | CAD | Auditorium | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -1.33% | -0.29% | -0,52% | -0.82% | 0.15% | 0.09% | -1.29% | |
| Eur | 1.33% | 1.00% | 0.82% | 0.51% | 1.53% | 1.36% | 0.04% | |
| GBP | 0.29% | -1.00% | -0.10% | -0,49% | 0.53% | 0.38% | -0.91% | |
| Jy | 0.52% | -0.82% | 0.10% | -0.30% | 0.63% | 0.50% | -0.84% | |
| CAD | 0.82% | -0,51% | 0.49% | 0.30% | 0.86% | 0.84% | -0,46% | |
| Auditorium | -0.15% | -1.53% | -0,53% | -0.63% | -0.86% | -0.18% | -1.43% | |
| NZD | -0.09% | -1.36% | -0,38% | -0.50% | -0.84% | 0.18% | -1.24% | |
| CHF | 1.29% | -0.04% | 0.91% | 0.84% | 0.46% | 1.43% | 1.24% |
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).
