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USDCHF on Monday rose 0.26% to 0.91187. Pair in consolidation. What we know.

USDCHF on Monday rose 0.26% to 0.91187. Pair in consolidation. What we know.

USDCHF Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.26% 23.2 Pips
Week to-date 0.26% 23.2 Pips
April 1.21% 108.8 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

No major activities.

Latest from X (Twitter)


What can we expect from USDCHF today?

USDCHF on Monday rose 0.26% to 0.91187. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for USDCHF looks mixed as the pair is likely to consolidate above 0.91031 (S1).

Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.91238 or trades above daily pivot 0.91135. Break above could target R1 at 0.9129. While to the downside, we are looking at 0.91031 (S1) and daily low of 0.90979 as support levels. USDCHF need to break on either side to indicate a short-term bias. A break above 0.91238 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 0.91549
R2 0.91394
R1 0.9129
Daily Pivot 0.91135
S1 0.91031
S2 0.90876
S3 0.90772

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