Forex

USDCHF on Monday rose 0.62% to 0.84946. What we know.

USDCHF on Monday rose 0.62% to 0.84946. What we know.
USDCHF on Monday rose 0.62% to 0.84946.  What we know.

USDCHF Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.62% 52.6 Pips
Week to-date 0.62% 52.6 Pips
September 0.3% 25.2 Pips

Upcoming key events (London Time)

Wed 02:00 AM USD Second 2024 United States presidential debate
Wed 01:30 PM USD CPI Inflation Rate (12-mth)

What happened lately

No major activities.

Latest from X (Twitter)


What can we expect from USDCHF today?

USDCHF on Monday rose 0.62% to 0.84946. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for USDCHF looks bullish as the pair ended higher after Monday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 0.85149 with break above could target R2 at 0.85353 or figure level area. While towards the downside, we are looking at daily low of 0.84354 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.84955 may suggest continuation after recent positive movement.

For the week to-date, take note that USDCHF is mixed as compared to the prior week.

Key levels to watch out:

R3 0.8575
R2 0.85353
R1 0.85149
Daily Pivot 0.84752
S1 0.84548
S2 0.84151
S3 0.83947

#USDCHF Trending on Twitter

[custom-twitter-feeds hashtag=”#USDCHF” num=3 showheader=false]

Disclaimer: We do not endorsed nor verified the posts provided by Twitter. This widget is provided to you as a convenience only and is not affiliated with all parties in any way.

Shares:

Leave a Reply

Your email address will not be published. Required fields are marked *