- USD/CHF closes on Friday an increase of 0.04 %, but 1.37 % records are a weekly decrease to the lowest level in one month at 0.8054.
- The declining structure continues: it continues its level/lowest levels and a weak RSI signal on the downside.
- The main support is 0.8054 and 0.8038; Violation may display the psychological level of 0.8000.
- The bulls need a break above 0.8147 to challenge 0.8200 and 50 days SMA near 0.8257.
The US dollar/CHF ended Friday with gains exceeding 0.04 %, but in the week more than 1.37 % decreased to the lowest level in one month at 0.8054. At the time of writing this report, the husband trades at 0.8104 due to the increased demand for the dollar amid risk hate.
US dollar price expectations/CHF: Technical expectations
The USD/CHF is greatly biased by its price style of the highest high levels and a successive decrease, indicating that the sellers control. In addition, the relative strength index (RSI) has recorded a low level, indicating the Habboudia. However, the lower resistance path tends to the negative side.
If the USD/CHF decreases to less than 0.8100, the next support level is the lowest level on June 13 at 0.8054. On more weakness, the husband’s fall can extend to 0.8038, before the number 0.8000.
On the upward trend, the decisive separation can be opened from the highest level on June 13 0.8147 the door to test 0.82, followed by the simple moving average for 50 days (SMA) at 0.8057.
US dollar price scheme/CHF – daily
Swiss franc price this week
The table below shows the percentage of change in the Swiss franc (CHF) against the main currencies listed this week. The Swiss franc was the strongest against the Australian dollar.
| US dollar | euro | GBP | JPY | CAD | Aud | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| US dollar | -1.33 % | -0.29 % | -52 % | -0.82 % | 0.15 % | 0.09 % | -1.29 % | |
| euro | 1.33 % | 1.00 % | 0.82 % | 0.51 % | 1.53 % | 1.36 % | 0.04 % | |
| GBP | 0.29 % | -1.00 % | -0.10 % | -0.49 % | 0.53 % | 0.38 % | -0.91 % | |
| JPY | 0.52 % | -0.82 % | 0.10 % | -0.30 % | 0.63 % | 0.50 % | -0.84 % | |
| CAD | 0.82 % | -51 % | 0.49 % | 0.30 % | 0.86 % | 0.84 % | -0.46 % | |
| Aud | -0.15 % | -1.53 % | -53 % | -63 % | -0.86 % | -18 % | -1.43 % | |
| Nzd | -0.09 % | -1.36 % | -0.38 % | -0.50 % | -0.84 % | 0.18 % | -1.24 % | |
| Chf | 1.29 % | -04 % | 0.91 % | 0.84 % | 0.46 % | 1.43 % | 1.24 % |
The heat map shows the percentage changes in the main currencies against each other. The basic currency is chosen from the left column, while the quotation currency is chosen from the top row. For example, if you choose the Swiss franc from the left column and move along the horizontal line to the US dollar, the percentage changed in the CHF box (base) (quotation) will represent.
