20 Jan 2014
USD/CHF looking lack luster
FXstreet.com (Guatemala) - USD/CHF moved through the 0.9130 pivot overnight which markets had been focussed upon but the pair wasn’t able to go much further as lack of interest from Asia kept the unit quiet.
USD/CHF has traded back into the 0.9090’s again, and with the US on holiday and while US yields are bumping along the bottom of their recent range and pivotal support at 2.82, USD/CHF is lacking energy and continues to consolidate sub 0.9100.
USD/CHF Levels
The 20 DMA is 0.9007, the 50 DMA is 0.9025 and the 200 DMA is 0.9237. RSI (14) reads 44.57. Supports are ascending from 0.9032, 0.9060 and 0.9076. Spot is 0.9095 while resistances are 0.9150, 0.9165, 0.9195 and 0.9201.
USD/CHF has traded back into the 0.9090’s again, and with the US on holiday and while US yields are bumping along the bottom of their recent range and pivotal support at 2.82, USD/CHF is lacking energy and continues to consolidate sub 0.9100.
USD/CHF Levels
The 20 DMA is 0.9007, the 50 DMA is 0.9025 and the 200 DMA is 0.9237. RSI (14) reads 44.57. Supports are ascending from 0.9032, 0.9060 and 0.9076. Spot is 0.9095 while resistances are 0.9150, 0.9165, 0.9195 and 0.9201.