USDCHF Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | 0.19% | 15.0 Pips | ▲ |
| Week to-date | 0.19% | 15.0 Pips | ▲ |
| July | -0.41% | -33.0 Pips | ▼ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Thu 02:00 AM | USD | HIGH | FOMC Meeting Minutes |
What can we expect from USDCHF today?
The USDCHF pair closed with a 0.19% gain on Monday, ending at 0.80480. The daily outlook remains bullish, with the price currently below the 9-day EMA and the stochastic indicator rising.
📈 Bull Scenario If the bullish momentum continues, traders should watch for a break above the daily high of 0.80730. A sustained move above this level could target the first resistance at 0.80757, with further gains potentially reaching the second resistance at 0.81033. | 📉 Bear Scenario On the downside, a reversal could see the pair testing the daily pivot at 0.80453. If selling pressure intensifies, the first support level at 0.80177 could be challenged, with further declines possibly extending to the second support at 0.79873. |
Key levels to watch out:
| R3 | 0.81337 |
| R2 | 0.81033 |
| R1 | 0.80757 |
| Daily Pivot | 0.80453 |
| S1 | 0.80177 |
| S2 | 0.79873 |
| S3 | 0.79597 |