- Analytics
- Market analysis
- Technical Analysis
- USD/CHF dropped to a monthly low
USD/CHF dropped to a monthly low
Today, the USD/CHF pair is trading mainly with a decline from Chf0.9180 to 0.9160, having reached a monthly low. On the hourly chart, the pair remains below the MA (200) H1 moving average line (Chf0.9210) and on the four-hour chart, the pair remains below MA (200) H4 (Chf0.9240). Technically speaking, the support of Chf0.9160 can keep USD/CHF from further decline. If it breaks through, prices may drop to Chf0.9100. The upper bound of Chf0.9200-20 represents the resistance level. The most probable range of the pair's movement today may be hidden within the range of Chf0.9160-0.9220.
⦁ Resistance levels are: Chf0.9200-20, Chf0.9255, Chf0.9295
⦁ Support levels are: Chf0.9160, Chf0.9100, Chf0.9085
The main scenario for the pair's promotion — Support breakout of Chf0.9160 (November 30 low) and there may be a decline to Chf0.9100 (November 1-2 and 9-10 lows)
An alternative scenario — correction and there may be an increase to Chf0.9200-20 (December 23 and 27 highs, MA (200) H1)
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
