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USDCHF on Monday rose 0.24% to 0.89581. What we know.

USDCHF on Monday rose 0.24% to 0.89581. What we know.

USDCHF Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.24% 21.2 Pips
Week to-date 0.24% 21.2 Pips
June -1.59% -144.5 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 rose 0.24% to 0.89581. Price is below 9-Day EMA while Stochastic is falling in oversold zone.

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 0.89776 with break above could target R2 at 0.89971 or figure level area. While towards the downside, we are looking at daily low of 0.89330 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.89748 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 0.90194
R2 0.89971
R1 0.89776
Daily Pivot 0.89553
S1 0.89358
S2 0.89135
S3 0.8894

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