USDCHF Analysis
| Performance after Monday | |||||
| Period | Pct | Chg | Momentum | ||
| Monday | -0.26% | -22.6 Pips |  |
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| Week to-date | -0.26% | -22.6 Pips |  |
||
| January | 2.41% | 202.9 Pips |  |
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Upcoming key events (London Time)
Wed 07:00 PM USD Fed Interest Rate Decision (Federal Funds Rate)
What happened lately
No major activities.
Latest from X (Twitter)
What can we expect from USDCHF today?
USDCHF on Monday dropped -0.26% to 0.86138. Price is below 9-Day EMA while Stochastic is falling.
Updated daily direction for USDCHF looks bearish as the pair posted lower in Monday trading session.
Looking ahead for the day, immediate support level is at S1 0.85958 with break below could see further selling pressure towards S2 at 0.85779. To the upside, with the current momentum bearish, we prefer to look at breakout of the recent daily high of 0.86493 as a potential indicator of buying interest. Failure to break the resistance level would continue to echo bearish sentiment. A close below 0.86046 would indicate selling pressure.
For the week to-date, take note that USDCHF is mixed as compared to the prior week.
Key levels to watch out:
| R3 | 0.86852 |
| R2 | 0.86673 |
| R1 | 0.86405 |
| Daily Pivot | 0.86226 |
| S1 | 0.85958 |
| S2 | 0.85779 |
| S3 | 0.85511 |
