USDCHF Analysis
| Performance after Wednesday | |||
| Period | Pct | Chg | Momentum |
| Wednesday | 0.06% | 5.0 Pips | ▲ |
| Week to-date | 0.05% | 4.0 Pips | ▲ |
| September | 0.22% | 18.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Thu 08:30 PM | USD | HIGH | PPI excluding Food and Energy sectors (12-mth) |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate (1-mth) | Aug |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate (12-mth) | Aug |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate excluding Food and Energy sectors (1-mth) | Aug |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate excluding Food and Energy sectors (12-mth) | Aug |
| Fri 10:00 PM | USD | HIGH | Index of Consumer Sentiment | Sep flash |
What can we expect from USDCHF today?
The USDCHF pair is showing a mixed outlook today, with a slight daily performance increase of 0.06% closing at 0.80990. The pair is trading above its 9-day EMA, but the stochastic indicator is falling, suggesting potential volatility.
📈 Bull Scenario In a bullish scenario, if the USDCHF breaks above the daily high of 0.81090, it could target the first resistance level at 0.8117. A sustained move above this level may see the pair testing the second resistance at 0.8135, indicating stronger upward momentum. | 📉 Bear Scenario Conversely, a bearish move could be triggered if the USDCHF falls below the daily pivot of 0.8091, with initial support found at 0.8073. Further downside pressure might push the pair towards the second support level at 0.8047, suggesting a potential reversal of recent gains. |
Key levels to watch out:
| R3 | 0.8161 |
| R2 | 0.8135 |
| R1 | 0.8117 |
| Daily Pivot | 0.8091 |
| S1 | 0.8073 |
| S2 | 0.8047 |
| S3 | 0.8029 |