USD/CHF is trading flat on the day, consolidating the gains of the last two days. The level to beat for bulls is the 0.9940/0.9956 resistance zone. USD/CHF daily chart On the daily chart, USD/CHF is trading in a range below its 200-day simple moving average (DMA). The market is holding just above the 50 SMA today at the 0.9916 level. USD/CHF daily chart(see more posts on USD/CHF, ) - Click to enlarge USD/CHF four-hour chart USD/CHF is trading near the monthly highs while above its main SMAs, suggesting a bullish bias in the medium term. Buyers will need to overcome the 0.9940/0.9956 resistance zone and the descending trendline. Further up, 0.9988 resistance awaits, according to the Technical Confluences Indicator. USD/CHF four-hour chart(see more posts on
Topics:
Flavio Tosti considers the following as important: 1) SNB and CHF, 1.) FXStreet on SNB&CHF, Featured, newsletter, USD/CHF
This could be interesting, too:
Martin Hartmann writes Jetzt anmelden! 18. Juni 2024 🥳
Helena Schulthess writes Kongress der «Students for Liberty» in Tbilisi (Georgien)
Alex J. Pollock writes How Does the Federal Reserve Fit into Our Constitutional Order?
Adnan Al-Abbar writes What Can Carl Menger Teach Us about Falafel Sandwiches?
USD/CHF daily chartOn the daily chart, USD/CHF is trading in a range below its 200-day simple moving average (DMA). The market is holding just above the 50 SMA today at the 0.9916 level. |
USD/CHF daily chart(see more posts on USD/CHF, ) |
USD/CHF four-hour chartUSD/CHF is trading near the monthly highs while above its main SMAs, suggesting a bullish bias in the medium term. Buyers will need to overcome the 0.9940/0.9956 resistance zone and the descending trendline. Further up, 0.9988 resistance awaits, according to the Technical Confluences Indicator. |
USD/CHF four-hour chart(see more posts on USD/CHF, ) |
USD/CHF 30-minute chartUSD/CHF is trading above upward sloping 100/200 SMAs, suggesting a bullish bias in the medium term. Pullbacks down could find support near 0.9910, 0.9889 and 0.9853, according to the Technical Confluences Indicator. |
USD/CHF 30-minute chart(see more posts on USD/CHF, ) |
Tags: Featured,newsletter,USD/CHF