USDCHF Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | 0.0611% | 5.0 Pips | ▲ |
| Week to-date | 0.0611% | 5.0 Pips | ▲ |
| July | 1.2993% | 105.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Thu 02:00 AM | USD | HIGH | Fed Interest Rate Decision (Federal Funds Rate) |
What can we expect from USDCHF today?
The USDCHF pair closed with a slight gain of 0.0611% on Monday, ending the day at 0.81860. The daily outlook remains bullish, supported by the price trading above the 9-day EMA.
📈 Bull Scenario A bullish scenario for USDCHF could be triggered if the pair continues to trade above the daily pivot of 0.8173. Traders should watch for a break above the first resistance level (R1) at 0.8209, which could open the path towards the second resistance (R2) at 0.8232. | 📉 Bear Scenario Conversely, a bearish scenario may unfold if the pair falls below the daily pivot of 0.8173. In this case, the first support level (S1) at 0.815 could be tested, with further downside potential towards the second support (S2) at 0.8114 if selling pressure intensifies. |
Key levels to watch out:
| R3 | 0.8268 |
| R2 | 0.8232 |
| R1 | 0.8209 |
| Daily Pivot | 0.8173 |
| S1 | 0.815 |
| S2 | 0.8114 |
| S3 | 0.8091 |