USDCHF on Monday rose 0.45% to 0.90505. What is going on.

USDCHF on Monday rose 0.45% to 0.90505. What is going on.

USDCHF Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.45% 40.5 Pips
Week to-date 0.46% 41 Pips
April 0.46% 41 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 0.45% to 0.90505. Price is above 9-Day EMA while Stochastic is falling.

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 0.907 with break above could target R2 at 0.90896 or figure level area. While towards the downside, we are looking at daily low of 0.90049 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.90570 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 0.91221
R2 0.90896
R1 0.907
Daily Pivot 0.90375
S1 0.90179
S2 0.89854
S3 0.89658

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