USDCHF Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | 0.3221% | 26.0 Pips | ▲ |
| Week to-date | 0.3221% | 26.0 Pips | ▲ |
| July | 0.2104% | 17.0 Pips | ▲ |
Upcoming key events (GMT+8)
No major events for the day.
What can we expect from USDCHF today?
USDCHF is showing a bullish daily outlook as it closed at 0.80980, marking a 0.3221% increase. The pair is currently trading above its 9-day EMA, suggesting continued upward momentum.
📈 Bull Scenario A bullish scenario for USDCHF could be triggered if the pair breaks above the daily high of 0.81070. Traders should watch for resistance at R1 (0.8117) and potentially at R2 (0.8136) if the upward trend continues. | 📉 Bear Scenario On the downside, a bearish scenario may unfold if USDCHF falls below the daily pivot of 0.8088. Key support levels to monitor are S1 (0.8069) and S2 (0.804), which could indicate further declines if breached. |
Key levels to watch out:
| R3 | 0.8165 |
| R2 | 0.8136 |
| R1 | 0.8117 |
| Daily Pivot | 0.8088 |
| S1 | 0.8069 |
| S2 | 0.804 |
| S3 | 0.8021 |
