USD/CHF Price Analysis: Oscillates around the 20-day EMA as the pair tilts upward USDCHF Currencies Majors Technical Analysis
and closed Monday’s session nearby last Friday’s low at 0.8993. At the time of writing, USD/CHF is trading at 0.8980, almost flat, as Tuesday’s Asian session begins.From a daily chart perspective, the USD/CHF shifted from neutral-to-downward biased to neutral. In early May,reached a new year-to-date low of 0.8820; since then, USD/CHF climbed 1.80%, registering on its way up, successive series of new highs-lows, but shy of turning the pair neutral-to-upward biased.
If USD/CHF reclaims the April 10 daily high of 0.9120, that could shift the bias to neutral-upwards, and it might open the door for a rally above the 100-day EMA At 0.9136 before reaching the April 3 high at 0.9196. Upside risks for the USD/CHF lie above 0.9200, with the 200-day EMA at 0.9271 as the only resistance to changing the pair’s bias upwards.
The USD/CHF must fall below the 20-day EMA at 0.8964 for a bearish continuation. A breach of the latter will expose the May 22 low of 0.8940 before clearing the path for the pair towards June 9, 2021, a low of 0.8926, ahead of the 0.8900 figure.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
USD/CHF looks vulnerable above 0.8980 as Fed delivers dovish interest rate guidanceThe USD/CHF pair is struggling in holding its auction above the immediate support of 0.8980 in the early Asian session. The Swiss Franc asset has retr
Weiterlesen »
USD/CHF bounces off multi-day low, remains below 0.9000 mark amid subdued USD demandThe USD/CHF pair recovers a major part of its intraday losses to a multi-day low and trades around the 0.8975-0.8970 region, down nearly 0.25% for the
Weiterlesen »
DOGE and SHIB Price Analysis for May 21Can DOGE and SHIB bounce back soon? kawaii_crypto JRossNicoll ummjackson coinok CryptoBaeTrader
Weiterlesen »
Ethereum (ETH) Price Analysis for May 21Can ETH rise faster than BTC? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Weiterlesen »
AUD/USD Price Analysis: Aussie bulls brace for bumpy ride below 0.6685-90 key hurdleAUD/USD Price Analysis: Aussie bulls brace for bumpy ride below 0.6685-90 key hurdle AUDUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Weiterlesen »
WTI Price Analysis: Oil juggles below $72.00 ahead Of Biden-McCarthy talksWest Texas Intermediate (WTI), futures on NYMEX, are displaying back-and-forth action below $72.00 in the Asian session. The oil price is expected to
Weiterlesen »