USDCHF Analysis
| Performance after Thursday | |||
| Period | Pct | Chg | Momentum |
| Thursday | 0.32% | 26.0 Pips | ▲ |
| Week to-date | 0.37% | 30.0 Pips | ▲ |
| September | 0.54% | 44.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate (1-mth) |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate (12-mth) |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate excluding Food and Energy sectors (1-mth) |
| Fri 08:30 PM | USD | HIGH | CPI Inflation Rate excluding Food and Energy sectors (12-mth) |
| Fri 10:00 PM | USD | HIGH | Index of Consumer Sentiment |
What can we expect from USDCHF today?
The USDCHF pair closed with a 0.32% gain on Wednesday, ending at 0.81250. The daily outlook remains bullish, with the price trading above the 9-day EMA.
📈 Bull Scenario A continued bullish momentum could be triggered if the price sustains above the daily pivot of 0.8118. Traders should watch for a break above the immediate resistance level at R1: 0.8154, which could pave the way for further gains towards R2: 0.8183. | 📉 Bear Scenario On the downside, a bearish scenario may unfold if the price falls below the support level at S1: 0.8089. A further decline could test the next support at S2: 0.8053, especially if the falling stochastic indicator signals weakening momentum. |
Key levels to watch out:
| R3 | 0.8219 |
| R2 | 0.8183 |
| R1 | 0.8154 |
| Daily Pivot | 0.8118 |
| S1 | 0.8089 |
| S2 | 0.8053 |
| S3 | 0.8024 |