USD/CHF Price Analysis: Greenback finds support near the 0.9600 figure


  • USD/CHF is finding some decent support near the 0.9600 figure. 
  • USD/CHF is challenging the May’s lows. 
 

USD/CHF four-hour chart

 
After challenging the May’s lows near the 0.9600 figure, USD/CHF is bouncing from the support level. A successful bullish recovery would send the quote near the 0.9650 and 0.9700 levels on the way up. On the other hand, support can be seen near the 0.9600 and 0.9580 levels.  
   

Additional key levels 

USD/CHF

Overview
Today last price 0.9612
Today Daily Change -0.0003
Today Daily Change % -0.03
Today daily open 0.9615
 
Trends
Daily SMA20 0.9698
Daily SMA50 0.9696
Daily SMA100 0.9684
Daily SMA200 0.9782
 
Levels
Previous Daily High 0.965
Previous Daily Low 0.9602
Previous Weekly High 0.9736
Previous Weekly Low 0.9602
Previous Monthly High 0.9784
Previous Monthly Low 0.9589
Daily Fibonacci 38.2% 0.962
Daily Fibonacci 61.8% 0.9632
Daily Pivot Point S1 0.9594
Daily Pivot Point S2 0.9574
Daily Pivot Point S3 0.9545
Daily Pivot Point R1 0.9643
Daily Pivot Point R2 0.9671
Daily Pivot Point R3 0.9692

 

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

EUR/USD retreats below 1.0700 after US GDP data

EUR/USD retreats below 1.0700 after US GDP data

EUR/USD came under modest bearish pressure and retreated below 1.0700. Although the US data showed that the economy grew at a softer pace than expected in Q1, strong inflation-related details provided a boost to the USD.

EUR/USD News

GBP/USD declines below 1.2500 as USD rebounds

GBP/USD declines below 1.2500 as USD rebounds

GBP/USD declined below 1.2500 and erased the majority of its daily gains with the immediate reaction to the US GDP report. The US economy expanded at a softer pace than expected in Q1 but the price deflator jumped to 3.4% from 1.8%. 

GBP/USD News

Gold drops below $2,320 as US yields shoot higher

Gold drops below $2,320 as US yields shoot higher

Gold lost its traction and turned negative on the day below $2,320 in the American session on Thursday. The benchmark 10-year US Treasury bond yield is up more than 1% on the day above 4.7% after US GDP report, weighing on XAU/USD.

Gold News

XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger

XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger

Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP. 

Read more

After the US close, it’s the Tokyo CPI

After the US close, it’s the Tokyo CPI

After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.

Read more

Forex MAJORS

Cryptocurrencies

Signatures