
Tuesday | |||
Open | High | Low | Close |
0.94890 | 0.95455 | 0.94550 | 0.95430 |
Performance after Tuesday | |||||
Period | Pct | Chg | Momentum | ||
Tuesday | 0.58% | 54.7 Pips | ![]() |
||
Week to-date | 0.88% | 83.7 Pips | ![]() |
||
November | -4.65% | -465.4 Pips | ![]() |
Upcoming key events (London Time)
Wed 01:15 PM USD ADP Employment Change
Wed 01:30 PM USD Gross Domestic Product Annualized
Wed 06:30 PM USD Fed’s Chair Powell speech
Thu 03:00 PM USD ISM Manufacturing PMI
What happened lately
📆 🇺🇸 USD Housing Price Index (MoM) in September exceed forecast and rose to 0.1% compared to previous figure -0.7% in August. Source
📆 🇺🇸 USD S&P/Case-Shiller Home Price Indices (YoY) in September below forecast and dropped to 10.4% compared to previous figure 13.1% in August. Source
What can we expect from USDCHF today?
USDCHF on Tuesday rose 0.58% to 0.9543. Price is above 9-Day EMA while Stochastic is rising but in oversold zone.
Updated daily direction for USDCHF looks bullish as the pair ended higher after Tuesday trading session.
Looking ahead for the day, immediate upside resistance level is at 0.95740 (R1) while on the downside, we are looking at daily low of 0.9455 as an important support. Break below this level could weaken the current bullish momentum. USDCHF need to break on either side to indicate a short-term bias. A break above 0.9546 would suggest bullish bias after recent positive movement.
For the week to-date, take note that USDCHF is mixed as the current price action remain uncertain due to trader indecisiveness.
Key levels to watch out:
R3 | 0.96645 |
R2 | 0.96050 |
R1 | 0.95740 |
Daily Pivot | 0.95145 |
S1 | 0.94835 |
S2 | 0.94240 |
S3 | 0.93930 |
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Minutes of the Board’s discount rate meetings on October 3 through November 2, 2022 Source: Federal Reserve
Advance Retail Inventories Source: Census Bureau
Advanced Monthly Sales for Retail and Food Services Source: Census Bureau
Steady employment growth continued in Switzerland in 3rd quarter 2022 Source: Federal Statistical Office
Last updated: 11:38 pm UTC, 29-Nov 2022
#USDCHF Trending on Twitter
20:00 GMT
#GBPUSD is @ 1.2393, projected to reach 1.2368 (-24.76 pips) in the next 135 minutes (avg.) - probability 54.74%, std @ 15.16 pips
#USDCHF is @ 0.9212, projected to reach 0.9202 (-9.69 pips) in the next 99 minutes (avg.) - probability 83.94%, std @ 12.24 pips
Real-Time Rates: #EURUSD: 1.08684 | #USDJPY: 129.904 | #GBPUSD: 1.23923 | #USDCHF: 0.92111 | #BTCUSD: 23173.29 - Visit https://www.Live-Rates.com