USDCHF Analysis
| Performance after Tuesday | |||||
| Period | Pct | Chg | Momentum | ||
| Tuesday | 1.05% | 95.3 Pips |  |
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| Week to-date | 0.67% | 61.5 Pips | |
||
| April | 2.05% | 184.5 Pips |  |
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Upcoming key events (London Time)
Wed 07:00 PM USD Fed Interest Rate Decision (Federal Funds Rate)
Thu 07:30 AM CHF CPI Inflation Rate (12-mth)
What happened lately
🇺🇸 U.S. Housing Price Index (1-mth) in February rose to 1.2% compared to previous figure -0.1% in January
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What can we expect from USDCHF today?
USDCHF on Tuesday rose 1.05% to 0.91945. Price is above 9-Day EMA while Stochastic is falling.
Updated daily direction for USDCHF looks bullish as the pair ended higher after Tuesday trading session.
Looking ahead for the day, immediate upside resistance level is R1 at 0.92262 with break above could target R2 at 0.92578 or figure level area. While towards the downside, we are looking at daily low of 0.91045 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.91970 may suggest continuation after recent positive movement.
For the week to-date, take note that USDCHF is bullish as the pair continued to trade higher and is up by 0.67% over the past few days.
USDCHF ended month of April trading session up by 2.05% or 184.5 pips higher.
Key levels to watch out:
| R3 | 0.93187 |
| R2 | 0.92578 |
| R1 | 0.92262 |
| Daily Pivot | 0.91653 |
| S1 | 0.91337 |
| S2 | 0.90728 |
| S3 | 0.90412 |
