29 Nov 2013
USD/CHF range bound into Europe, capped by hourly MA
FXstreet.com (Barcelona) - USD/CHF ranged overnight, posting a low at 0.9050, before climbing to post a high at 0.9065 where spot was capped by the hourly 55MA, and is now trading at 0.9051, down -0.07% on the days trading.
USD/CHF sluggish ahead of EU CPI
With its negative correlation to EUR/USD, USD/CHF has ranged overnight and into the European session, where morning data has been seen mild reactions ahead of the main event of EU CPI at 10:00 GMT.
What are today’s key USD/CHF levels and patterns?
The central pivot point is located at 0.9062 with support for this pair at 0.9035 (S1), 0.9015 (S2) and 0.8988 (S3), and resistances at 0.9082 (R1), 0.9109 (R2) and 0.9129 (R3). Special attention should be paid to the price range 0.9056-0.9022 where several technical levels are confluent today. A Dark Cloud Cover Candlestick pattern is detected in the 1 Day USD/CHF chart.
USD/CHF sluggish ahead of EU CPI
With its negative correlation to EUR/USD, USD/CHF has ranged overnight and into the European session, where morning data has been seen mild reactions ahead of the main event of EU CPI at 10:00 GMT.
What are today’s key USD/CHF levels and patterns?
The central pivot point is located at 0.9062 with support for this pair at 0.9035 (S1), 0.9015 (S2) and 0.8988 (S3), and resistances at 0.9082 (R1), 0.9109 (R2) and 0.9129 (R3). Special attention should be paid to the price range 0.9056-0.9022 where several technical levels are confluent today. A Dark Cloud Cover Candlestick pattern is detected in the 1 Day USD/CHF chart.