USDCHF

The USD/CHF pair has been falling this week on safety-seeking flows following a strong sell-off in equity markets. The drop has taken the price back below its 200-day moving average near 0.8883, and the 38.2% retracement of the upside move…

Yesterday, the USD/CHF pair rose and found support at the 200-day moving average early in the day, which turned the bias to the upside. It rose above the 38.2% retracement level of the recent move lower at 0.89072, extending to a high of…

The USD/CHF pair is trading up and down in a limited range. The price is moving above and below the swing low at 0.88808 and the 200-day moving average at 0.8883. The 38.2% of the move up from the December 2023 low is also within the swing…

The USD/CHF pair is trading at fresh weekly lows today after hitting resistance at the start of the trading week (Monday). This upside resistance came in the swing zone between 0.9044 and 0.90565. The subsequent move to the downside tried…

The rally in USD/CHF from the previous week pushed the pair to a key technical resistance level this week. Can the bulls maintain their momentum? Or is USD/CHF ready to extend the long-term trend?USD/CHF currency pair 4 hours Chart by…

USD/CHF rebounded earlier this week in the process extending above the 38.2% retracement of the downward move from the May high to the June low. The level came at 0.8986. However, the momentum could not be maintained as the price began to…

UBS recommended investors sell the pair, indicating attractive entry levels for trading. The company confirmed that the DXY index, which measures the strength of the US dollar against a basket of currencies, fell 1.5% from its peak in late…

I see a textbook trend setup on the 4-hour time frame for USD/CHF. Will we see another channel bounce this time? Or is it the opposite of the cards?USD/CHF Forex 4 Hours Chart by TradingView ICYMI The May FOMC statement led to a…

USDCHF back testing the 100/200 hour MAsEarlier today, the dollar selling took the USDCHF to and through the 100/200 hour MAs which were near converged at the 0.9040 area. That shift back below the MAs, disappointed the buyers from…

Top Trading Idea Q2 2024: Long USD/CHFCentral banks have had their say for Q1 and there were arguably two surprises, both from central banks that have deployed negative interest rates in the recent past. The Bank of Japan decided to exit…