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USDCHF on Monday dropped -0.27% to 0.90623. Pair in consolidation. What we know.

USDCHF on Monday dropped -0.27% to 0.90623. Pair in consolidation. What we know.

USDCHF Analysis

Performance after Monday
Period Pct Chg Momentum
Monday -0.27% -24.3 Pips
Week to-date -0.27% -24.3 Pips
June -0.44% -40.4 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

No major activities.


USDCHF 4-hour Chart by TradingView

What can we expect from USDCHF today?

USDCHF on Monday dropped -0.27% to 0.90623. Price is above 9-Day EMA while Stochastic is falling.

Updated daily direction for USDCHF looks mixed as the pair is likely to consolidate above 0.90326 (S1).

Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.91198 or trades above daily pivot 0.90762. Break above could target R1 at 0.91059. While to the downside, we are looking at 0.90326 (S1) and daily low of 0.90465 as support levels. USDCHF need to break on either side to indicate a short-term bias. A close below 0.90465 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 0.91792
R2 0.91495
R1 0.91059
Daily Pivot 0.90762
S1 0.90326
S2 0.90029
S3 0.89593

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