- The USD/CHF is testing the immediate resistance in the nine -day EMA, located at 0.8243.
- The 14 -day RSI rises above level 30, indicating a corrective corrective rebound.
- A break below 0.8039 – the lowest level since November 2011 – could force the couple to return to the descending channel.
The USD/CHF pair stops its three -day run streak, quoting around 0.8240 during the Asian hours on Tuesday. The daily chart analysis indicates a possible upward change, since the pair is consolidated above the descending channel pattern.
However, the USD/CHF continues to quote around the nine -day exponential mobile average (EMA), noting that the short -term impulse remains neutral. Meanwhile, the 14 -day relative force index (RSI) has risen above the 30 mark, pointing to a corrective corrective rebound. Even so, with the RSI remaining below level 50, the widest bearish bias persists.
On the positive side, the USD/CHF is testing the immediate resistance in the nine -day EMA, located at 0.8243. A decisive rupture above this level could strengthen the short -term bullish impulse and pave the path to the EMA of 50 days at 0.8569. Additional resistance is observed in the monthly maximum of 0.8848, registered on April 2.
The main support is located at 0.8039, the lowest level since November 2011, last registered on April 21. A rupture below this level could further weaken the impulse of the price and press the torque to re -enter the descending channel, with additional support seen near the upper limit around the psychological level of 0.7900.
USD/CHF: Daily graphic
Franco Swiss price today
The lower table shows the rate of change of the Swiss Franco (CHF) compared to the main coins today. Franco Swiss was the weakest currency against the US dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.43% | 0.33% | 0.36% | 0.25% | 0.32% | 0.48% | 0.52% | |
| EUR | -0.43% | -0.07% | -0.06% | -0.15% | -0.08% | 0.06% | 0.11% | |
| GBP | -0.33% | 0.07% | 0.02% | -0.09% | 0.02% | 0.14% | 0.18% | |
| JPY | -0.36% | 0.06% | -0.02% | -0.11% | -0.03% | 0.05% | 0.17% | |
| CAD | -0.25% | 0.15% | 0.09% | 0.11% | 0.07% | 0.23% | 0.26% | |
| Aud | -0.32% | 0.08% | -0.02% | 0.03% | -0.07% | 0.16% | 0.19% | |
| NZD | -0.48% | -0.06% | -0.14% | -0.05% | -0.23% | -0.16% | 0.03% | |
| CHF | -0.52% | -0.11% | -0.18% | -0.17% | -0.26% | -0.19% | -0.03% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Swiss Franco from the left column and move along the horizontal line to the US dollar, the percentage change shown in the picture will represent the ChF (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
