On Friday, the USD/CHF sellers seemed to be consolidating their gains, and the pair found support at the 100-day Simple Moving Average (SMA) at 0.8900
The USD/CHF rebounded at the 0.8900 area, rising to a hightowards 0.8935, seeing 0.15% gains. The CHF was the best-performing currency in Thursday, and the pair lost nearly 0.85%. The economic calendar has nothing relevant to offer, and focus shifts to the Middle East. , rising to a high near 0.8935 and then settling ar 0.8915. On the USD side, it struggles to gather momentum and trades soft against its rivals.
USD/CHF Levels to watch Upon evaluating the daily chart, a neutral to bearish outlook is seen, with the balance starting to lean in favour of the bears. However, a healthy technical correction shouldn’t be ruled out by traders. The Relative Strength Index maintains a negative slope in the bearish territory, while the Moving Average Convergence histogram presents increasing red bars. Those indicators stand near oversold territory, favouring the case of an upward correction in the next sessions.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Oct 10, 2023 08:00 GMT when FTSE 100 traded near 7,617.50.Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
Leer más »
USD/CHF declines to multi-week lows around 0.8960In Wednesday’s session, the USD/CHF declined to its lowest level in over a month, below 0.8957 and then settled around 0.8970. On the one hand, the CH
Leer más »
USD/CHF Price Analysis: Slumps below the 200-DMA, bears target the 50-DMAThe USD/CHF extended its losses towards the 50-day moving average (DMA) at 0.8957, though bounced off at that level, and finished Wednesday’s session
Leer más »
USD/CHF rebounds from intraday lows near 0.9000 on surging US Treasury yieldsUSD/CHF recovers the intraday losses on surging US Treasury yields, trading higher around 0.9000 during the early European session on Thursday. Howeve
Leer más »
USD/CHF extends losses after Chair Powell's wordsOn Thursday, the USD/CHF declined and consolidated below the 200-day Simple Moving Average (SMA), trading around 0.8935. On the US side, the green cur
Leer más »
USD/CHF snaps a two-day losing streak, holds above 0.8900, focus on FedspeakThe USD/CHF pair snaps a two-day losing streak during the early European session on Friday. The pair currently trades near 0.8927, up 0.15% on the day
Leer más »