Forex

USDCHF on Tuesday rose 0.2% to 0.89139. What we know.

USDCHF on Tuesday rose 0.2% to 0.89139. What we know.
USDCHF on Tuesday rose 0.2% to 0.89139.  What we know.

USDCHF Analysis

Performance after Tuesday
Period Pct Chg Momentum
Tuesday 0.2% 17.8 Pips
Week to-date 0.38% 33.8 Pips
July -0.98% -88 Pips

Upcoming key events (London Time)

Thu 01:30 PM USD GDP annual rate

What happened lately

No major activities.

Latest from X (Twitter)


What can we expect from USDCHF today?

USDCHF on Tuesday rose 0.2% to 0.89139. Price is below 9-Day EMA while Stochastic is rising.

Updated daily direction for USDCHF looks bullish as the pair ended higher after Tuesday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 0.89293 with break above could target R2 at 0.89446 or figure level area. While towards the downside, we are looking at daily low of 0.88880 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.89240 may suggest continuation after recent positive movement.

For the week to-date, take note that USDCHF is mixed as compared to the prior week.

Key levels to watch out:

R3 0.89653
R2 0.89446
R1 0.89293
Daily Pivot 0.89086
S1 0.88933
S2 0.88726
S3 0.88573

#USDCHF Trending on Twitter

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