• Sat. Jun 15th, 2024

USDCHF on Monday rose 0.18% to 0.91018. What we know.


Featured Brokers


Min. Deposit: 100 USD

Regulated: NFA, CFTC

Broker Type: ECN, STP


Min.Deposit: $100

Regulated: CySEC

Broker Type: ECN, STP


Min.Deposit: $1

Regulated: ASIC, IFSC

Broker Type: ECN, STP


Min.Deposit: 1 USD

Regulated: FSA, CySEC

Broker Type: STP

Dear ,

As requested, let’s look at EURUSD and the recent events that happened in the previous trading session.

USDCHF Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.18% 16.4 Pips
Week to-date 0.18% 16.3 Pips
May -0.94% -86.2 Pips

Upcoming key events (London Time)

  Wed 07:00 PM USD FOMC Meeting Minutes

What happened lately

No major activities.

What can we expect from USDCHF today?

USDCHF on Monday rose 0.18% to 0.91018. 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 0.9115 with break above could target R2 at 0.91283 or figure level area. While towards the downside, we are looking at daily low of 0.90765 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.91090 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 0.91475
R2 0.91283
R1 0.9115
Daily Pivot 0.90958
S1 0.90825
S2 0.90633
S3 0.905
On Key

Related Promotion