USDCHF Analysis
| Performance after Tuesday | |||
| Period | Pct | Chg | Momentum |
| Tuesday | 0.04% | 3.0 Pips | ▲ |
| Week to-date | 0.06% | 5.0 Pips | ▲ |
| July | 1.3% | 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) |
| Thu 08:30 PM | USD | HIGH | PCE Price Index, excluding food and energy (1-mth) | Jun |
What can we expect from USDCHF today?
USDCHF is experiencing a mixed daily outlook with a slight gain of 0.04%, closing at 0.81890. The pair remains above the 9-day EMA, suggesting a potential continuation of the recent bullish trend.
📈 Bull Scenario If USDCHF manages to break above the daily high of 0.82050, it could trigger further bullish momentum. Traders should watch for resistance levels at R1: 0.82073 and R2: 0.82257. A sustained move above these levels could indicate a continuation of the weekly bullish trend. | 📉 Bear Scenario On the downside, a dip below the daily pivot of 0.81867 may signal bearish pressure. Key support levels to monitor are S1: 0.81683 and S2: 0.81477. A break below these levels could suggest a reversal in the current trend, especially with the stochastic indicator rising in the overbought zone. |
Key levels to watch out:
| R3 | 0.82463 |
| R2 | 0.82257 |
| R1 | 0.82073 |
| Daily Pivot | 0.81867 |
| S1 | 0.81683 |
| S2 | 0.81477 |
| S3 | 0.81293 |