- Analytics
- Market analysis
- Technical Analysis
- USD/CHF remains in a downtrend
USD/CHF remains in a downtrend
Today, the USD/CHF pair is mainly growing in the range of 0.8940-90, further retreating from the 2-month low of 0.8910 reached this week. On the hourly chart, the pair has yet to break through the MA (200) H1 moving average line (0.8990). On the four-hour chart, the pair remains below MA (200) H4 (0.9060). Based on the above, it is probably worth following the southern direction in trading and as long as the pair remains below the MA 200 H1, it is necessary to look for entry points to sell. Technically speaking, the MA (200) H1 is keeping USD/CHF from further growth for now. If this level is breached, the pair may rise to 0.9010. The lower limit of 0.8910 represents a strong support level.
Resistance levels are: 0.9000-10, 0.9055, 0.9085
Support levels are: 0.8900-10, 0.8810, 0.8735
The main scenario for the pair's advance suggests a decline to 0.8900-10 (Dec 16, 23 and Feb 25 lows) and then, perhaps, to 0.8810 (Dec 11 low)
An alternative scenario implies an increase to 0.9000-10 (Feb 21-24 high) and then, perhaps, to 0.9055 (Feb 19 high).
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
