The US Dollar posts minimal gains versus the Swiss Franc in the mid-North American session and gains 0.12%, trading at 0.9127 at the time of writing.
USD/CHF climbs 0.12% amid global risk aversion, boosting demand for the US Dollar. Breaking past the November 1, 2023, high of 0.9112 suggests potential for more gains, targeting the 0.9200 resistance. A fallback below 0.9100 could prompt a test of the major support trendline around 0.9040. Risk aversion, higher US Treasury yields, and solid US Retail Sales data boost the Greenback. USD/CHF Price Analysis: Technical outlook The pair remains upward biased after cracking the last cycle high of 0.
On the other hand, if USD/CHF drops below 0.9100, that could open the door to challenge a three-and-a-half-month-old support trendline that passes around 0.9040. A further downside is seen at 0.9000. USD/CHF Price Action – Daily Chart USD/CHF Overview Today last price 0.9132 Today Daily Change 0.0016 Today Daily Change % 0.18 Today daily open 0.9116 Trends Daily SMA20 0.9029 Daily SMA50 0.8893 Daily SMA100 0.8757 Daily SMA200 0.8825 Levels Previous Daily High 0.9152 Previous Daily Low 0.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CHF Price Analysis: Upswing stalls but found support nearby 0.9100The USD/CHF retreats from year-to-date (YTD) highs reached on Wednesday and drops below the 0.9100 figure as risk appetite improves.
Read more »
USD/CHF Consolidates Near Highest Level Since November 11The USD/CHF pair enters a bullish consolidation phase during the Asian session on Wednesday and oscillates in a narrow band near its highest level since November 11 touched the previous day. Spot prices currently trade around the 0.9080 region and seem poised to prolong the recent positive momentum witnessed over the past month or so. The Swiss Franc (CHF) continues to be undermined by the Swiss National Bank's (SNB) unexpected move to cut interest rates in March amid a faster-than-anticipated slowdown in inflation and economic growth. In contrast, the markets have been scaling back their expectations for rate cuts by the Federal Reserve (Fed) amid signs of a still-resilient US economy
Read more »
EUR/JPY Price Analysis: Consolidates around 164.00 as intervention threats remainThe EUR/JPY pair remains subdued in early trading during the North American session, posting minuscule losses of 0.14% and exchanging hands at 164.65.
Read more »
USD/CAD Price Analysis: Consolidates around 1.3580 ahead of US job dataThe USD/CAD pair trades sideways around 1.3580 in Tuesday’s European session.
Read more »
GBP/JPY Price Analysis: Consolidates around 191.00 amid thin liquidity conditionsThe GBP/JPY barely moved on Thursday amid thin liquidity conditions and is hovering around 191.00, virtually unchanged as Friday’s Asian session begins.
Read more »
US Dollar Outlook & Sentiment Analysis: EUR/USD, GBP/USD, USD/CHFThis article offers a comprehensive review of retail sentiment on the U.S. dollar, focusing on three key popular pairs: EUR/USD, GBP/USD and USD/CHF. Additionally, we assess potential directional outcomes from the vantage point of contrarian signals.
Read more »