USDCHF Analysis
| Performance after Tuesday | |||
| Period | Pct | Chg | Momentum |
| Tuesday | 0.07% | 6.0 Pips | ▲ |
| Week to-date | -0.19% | -15.0 Pips | ▼ |
| June | 3.47% | 271.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Thu 08:30 PM | USD | HIGH | Average Hourly Earnings (1-mth) |
| Thu 08:30 PM | USD | HIGH | Nonfarm Payroll Employment |
What can we expect from USDCHF today?
The USDCHF pair is showing a mixed outlook today, with a slight daily performance increase of 0.07% closing at 0.80810. The price remains above the 9-day EMA, and the stochastic indicator is rising, suggesting potential bullish momentum.
📈 Bull Scenario A bullish scenario could unfold if the USDCHF breaks above the immediate resistance level at R1: 0.8101. A sustained move beyond this point may target the next resistance at R2: 0.8121, indicating stronger upward momentum. The rising stochastic and price above the EMA support this potential upward movement. | 📉 Bear Scenario Conversely, a bearish scenario might be triggered if the pair falls below the support level at S1: 0.8061. A break below this level could see the pair testing the next support at S2: 0.8041, suggesting further downside risk. The mixed daily outlook and weekly performance of -0.19% may weigh on the pair if bearish pressures intensify. |
Key levels to watch out:
| R3 | 0.8141 |
| R2 | 0.8121 |
| R1 | 0.8101 |
| Daily Pivot | 0.8081 |
| S1 | 0.8061 |
| S2 | 0.8041 |
| S3 | 0.8021 |