23 Jan 2014
USD/CHF cannot leave 0.91 for long
FXstreet.com (Moscow) - USD/CHF managed to post morning high at 0.9133, but wasn’t able to break the 0.9129 resistance, and reversed the move reaching 0.9111 at the moment.
USD/CHF is ready to cut the navel cord
USD/CHF is still consolidating around 0.91, and today it may finally tear the invisible ties with the level. The scheduled for American session US unemployment claims and existing home sales may bring some positive surprises reminding the investors of the nearing FOMC meeting. The rising expectations of further asset purchase reduction by the FED may fuel the rally to 0.9129 resistance level followed by 0.9144.
What are today’s key USD/CHF levels?
Today's central pivot point can be found at 0.9108 with support below at 0.9093 (S1), 0.9072 (S2) and 0.9057 (S3), with resistance above at 0.9129 (R1), 0.9144, and 0.9165 (R3). Hourly Moving Averages are largely bullish, with the 200SMA at 0.9072 and the daily 20EMA bullish at 0.9045. Hourly RSI is neutral at 55.
USD/CHF is ready to cut the navel cord
USD/CHF is still consolidating around 0.91, and today it may finally tear the invisible ties with the level. The scheduled for American session US unemployment claims and existing home sales may bring some positive surprises reminding the investors of the nearing FOMC meeting. The rising expectations of further asset purchase reduction by the FED may fuel the rally to 0.9129 resistance level followed by 0.9144.
What are today’s key USD/CHF levels?
Today's central pivot point can be found at 0.9108 with support below at 0.9093 (S1), 0.9072 (S2) and 0.9057 (S3), with resistance above at 0.9129 (R1), 0.9144, and 0.9165 (R3). Hourly Moving Averages are largely bullish, with the 200SMA at 0.9072 and the daily 20EMA bullish at 0.9045. Hourly RSI is neutral at 55.