Back

USD/CHF technical analysis: Consolidating gains near 3-day high

  • USD/CHF tested Wednesday high and is currently slightly retreating.
  • The level to beat for bulls is 1.0100 resistance.

USD/CHF daily chart

USD/CHF is trading above its 100 and 200 simple moving averages (SMAs). 

USD/CHF 4-hour chart

USD/CHF is finding some resistance below 1.0100 and the 100 SMA.  

USD/CHF 30-minute chart

USD/CHF is consolidating above its main SMAs as the market attempted to break above Wednesday high. USD/CHF stays bullish above 1.0060 however a break below this support can lead to further losses towards 1.0030. If bulls overcome 1.0100 then 1.0120 can come into play.

Additional key levels

 

EIA: Commercial crude oil inventories decreased by 0.3 million barrels from previous week

In its weekly petroleum report for the week ending May 24, the Energy Information Administration (EIA) announced that the commercial crude oil invento
Devamını oku Previous

WTI slumps below $58 after EIA reports smaller-than-expected draw in crude oil stocks

Crude oil prices came under a renewed selling pressure in the NA session after the weekly data published by the U.S. Energy Administration Information
Devamını oku Next