USDCHF on Wednesday dropped -0.19% to 0.91035. What we know.

USDCHF on Wednesday dropped -0.19% to 0.91035. What we know.

USDCHF Analysis

Performance after Wednesday
Period Pct Chg Momentum
Wednesday -0.19% -17.1 Pips
Week to-date -0.38% -35 Pips
April 1.04% 93.3 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 Wednesday dropped -0.19% to 0.91035. Price is above 9-Day EMA while Stochastic is falling.

Updated daily direction for USDCHF looks bearish as the pair posted lower in Wednesday trading session.

Looking ahead for the day, immediate support level is at S1 0.9087 with break below could see further selling pressure towards S2 at 0.90705. To the upside, with the current momentum bearish, we prefer to look at breakout of the recent daily high of 0.91324 as a potential indicator of buying interest. Failure to break the resistance level would continue to echo bearish sentiment. A close below 0.90932 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 0.91654
R2 0.91489
R1 0.91262
Daily Pivot 0.91097
S1 0.9087
S2 0.90705
S3 0.90478

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