USD/CHF Technical Analysis: Make-or-break for the Swissy

USD/CHF daily chart

  • USD/CHF is trading in a bullish leg above the main simple moving averages (SMAs).

USD/CHF 4-hour chart

  • USD/CHF is trading above the main SMAs as the market is trading just below the parity level.

USD/CHF 30-minute chart

  • This is a make-or-break situation for both bulls and bears as bulls would need a break above the parity level to extend the bull trend. 
  • A break above 1.0000 would lead to an acceleration to the 1.0030 level.
  • On the flip side, failure to break above 1.0000 would trigger bears to target the 0.9950, 0.9920 and 0.9880 levels. 

Additional key levels

NZD/USD

Overview:
    Today Last Price: 0.6722
    Today Daily change: - 7 pips
    Today Daily change %: -0.10%
    Today Daily Open: 0.6729
Trends:
    Daily SMA20: 0.6747
    Daily SMA50: 0.6797
    Daily SMA100: 0.6689
    Daily SMA200: 0.678
Levels:
    Previous Daily High: 0.6756
    Previous Daily Low: 0.6713
    Previous Weekly High: 0.685
    Previous Weekly Low: 0.6727
    Previous Monthly High: 0.697
    Previous Monthly Low: 0.6686
    Daily Fibonacci 38.2%: 0.6729
    Daily Fibonacci 61.8%: 0.674
    Daily Pivot Point S1: 0.6709
    Daily Pivot Point S2: 0.669
    Daily Pivot Point S3: 0.6666
    Daily Pivot Point R1: 0.6752
    Daily Pivot Point R2: 0.6775
    Daily Pivot Point R3: 0.6795

 

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