We update the Forex technical analysis for USD/CHF daily. Please check the update time at the top before taking any action.
USD/CHF Daily Technical Analysis
Current Exchange Rate : 0.8879 at the time of analysis update.
Outlook: Short-term (immediate/next): Volatile sideways / Up. Near-term (immediate/next): Volatile Sideways / Down.
USD/CHF's Latest Analysis (December 11, 2013): We are staying neutral for the short-term. Initially some upward correction is expected as mentioned yesterday and quoted below but overall USD/CHF is expected to have some deeper moves.
Previous Analysis (December 10, 2013): Some gains towards the resistance at 0.8920 are expected. Even with any failure of that resistance another immediate resitance may be faced at 0.8934. In case there is a break over 0.8934 then some more upward consolidation may take place towards 0.8980 to 0.8990 resistance zone.
Note 1: Please subscribe to the analysis newsletter so that we can send email alerts as soon as we update the the same.
Note 2: Please also take a look at USD/CHF Forecast for mid-term trading approach updated on the weekends. You may also share and check USD/CHF trading alerts and USD/CHF market sentiments in the forum and Forex blog.
(For Carry Trades)
USD/CHF Resistance and Support with Daily Pivot Points (Values at GMT 00:00)
Last Updated (Thursday, 12 December 2013 05:27) GMT
|Standard Pivot Point for USD/CHF||Fibonacci Pivot Point for USD/CHF||Woodie Pivot Point for USD/CHF||Camarilla Pivot Point for USD/CHF|
USD/CHF Correlations with other currency majors
USD/CHF with EUR/JPY - correlation analysis
USD/CHF with USD/JPY - correlation analysis
USD/CHF with GBP/USD - correlation analysis
USD/CHF with AUD/JPY - correlation analysis
Notes and caution about Forex analysis for USD/CHF
The daily USD/CHF analysis is not just based on technical indicators but also takes into account the overall price action and other aspects which can affect the Forex market in general and USD/CHF price action specifically. Please also note that many times the price mentioned at the time of analysis update maybe different than the entry level suggested. These positions would mean limit orders for buying or short-selling. Hence please do not treat this analysis just as trading signals for USD/CHF.
However, please note that the analysis reflects our views about the currency market based various factors. Forex trading is a speculative market and the price may always have unpredictable moves. We cannot take the responsibility for any losses dues to and positions taken based on our views.
Check current USD/CHF exchange rate.
Check any Real-Time Trades for USD/CHF in Forum.