USD/CHF Price Analysis: Hits fresh lows on the back of weak US Dollar, with bears lurking around 0.8950
12.04.2023, 21:45

USD/CHF Price Analysis: Hits fresh lows on the back of weak US Dollar, with bears lurking around 0.8950

  • USD/CHF dropped on mixed news about the United States economy, which weakened the US Dollar.
  • USD/CHF bears lurk as support levels threaten to crumble below 0.8950.
  • Bulls remain hopeful as resistance levels are within striking distance, at around 0.9000.

The USD/CHF tumbled to 22-fresh monthly lows at 0.8943 after fundamental news from the United States (US) weakened the US Dollar (USD), even though chances for another rate hike by the Fed remained high. As the Asian session begins, the USD/CHF Is trading at 0.8956, printing minuscule gains of 0.03%.

USD/CHF Price Action

Following a break of a support trendline drawn from March 13 lows around 0.9070, the USD/CHF exacerbated its fall and broke to a new YTD low since the first day of April. Although the pair braced for the 0.9050 area, it posted two days of 60-plus pips back-to-back losses, dragging prices to levels last seen since June 2021.

If USD/CHF breaks below 0.8950, that would expose the 2023 YTD low at 0.8943. Once cleared, the USD/CHF could tumble toward the June 9 low at 0.8926, followed by the 0.8900 figure. On the other hand, if the USD/CHF reclaims the 0.9000 mark, upside risks lie at the April 12 high at 0.9035, followed by 0.9050, ahead of testing the 20-day EMA at 0.9106.

USD/CHF Daily Chart

USD/CHF Daily Chart

USD/CHF Technical

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik