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Sellers hold control below 20 and 50 -day SMA

by SuperiorInvest
  • USD/CHF will increase by 0.12%, but trades below 20 and 50 -day SMA Confluence to 0.8019/23, keeping the seller under control.
  • RSI bear, but flat, which indicates short -term consolidation if there is no escape over 0.8000 or drop below 0.7900.
  • The objectives include 0.8025 and 100 -day SMA at 0.8109; The risks of the disadvantage indicate at an annual minimum at 0.7872.

USD/CHF However, during the North American meeting, consolidation remains around the range of 0.7950-0.8000 before the meeting of the monetary policy of the Federal Reserve. The pair is traded at 0.7966 by 0.12%.

USD/CHF Price prognosis: Technical outlook

The USD/CHF daily chart shows that the price event is ready to test the annual minimum. The price of the price remains below 20 and 50 -day simple confusion on average (SMA) at 0.8019/23, which is a sign that sellers are in charge of.

The relative force index (RSI) is bearish, but is filled. This means that USD/CHF could be in the short term without direction if a pair of clear support/key resistance.

On the other hand, if USD/CHF rises above 0.8000, the next level of the ceiling would be 0.8025 before focusing on a 100 -day SMA at 0.8109. On the contrary, a decline below 0.7900 would sponsor an annual minimum test of 0.7872.

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 -0,17% -0.39% -0.41% 0.09% -1.46% -1.03% -0.28%
Eur 0.17% -0.23% -0,14% 0.29% -1.29% -0.81% -0.11%
GBP 0.39% 0.23% 0.00% 0.50% -1.06% -0,57% 0.16%
Jy 0.41% 0.14% 0.00% 0.42% -1.10% -0,80% 0.17%
CAD -0.09% -0.29% -0.50% -0.42% -1.45% -1.07% -0.34%
Auditorium 1.46% 1.29% 1.06% 1.10% 1.45% 0.48% 1.24%
NZD 1.03% 0.81% 0.57% 0.80% 1.07% -0.48% 0.75%
CHF 0.28% 0.11% -0,16% -0,17% 0.34% -1.24% -0.75%

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).

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