Tag - chf - swiss franc

USD/CHF is supported by the 50-day MA at 0.9917. The doji candlestick that formed on the D1 yesterday signals the market uncertainty.

Technical analysis of USD/CHF

Have a look at the chart of CAD/CHF: the pair is testing daily moving averages.

CHF/JPY is trading at the resistance line since September 2018 high. The upside is also limited by the 100-day MA at 108.85.

Have a look at the chart of CHF/JPY. The pair found support at the early September lows in the 106.85 area.

Last week GBP/CHF topped at 1.2475 as it met the previous support and now resistance line connecting the 2016 and 2018 lows.

Given the global economic and political background, selling AUD/CHF seems like a good idea.

CHF/JPY formed a “bullish engulfing” pattern on the W1.

On Monday, AUD/CHF broke above the line connecting April and July highs at 0.6785 and managed to close the day above it.

USD/CHF tried to move higher last week but was stopped by the 100- and 200-week moving averages in the 0.9850 area.

AUD/CHF is trading within a long-term downtrend. Now there’s scope for a bullish correction.

USD/CHF fell to the lowest levels in almost a year. The pair slid below the June low at 0.9695.