USDCHF Retreats From 0.9226 As Bulls Look for Confirmation Beyond Key Zones

26 October 2021 | Updated: 26 October 2021

USDCHF Price Analysis – October 26

During Tuesday’s trading hours, the USDCHF consolidates gains. After achieving impressive gains of more than 40 pips in the US session, the pair retreats from the intraday highs around the 0.9226 level. The USDCHF currency pair is currently trading below 0.9200 as buyers look for confirmation beyond the key zone of the daily chart.

Key Levels
Resistance Levels: 0.9472, 0.9375, 0.9250
Support Levels: 0.9150, 0.9050, 0.8950
USDCHF Long term Trend: Ranging
In the prior day, the USDCHF found support at 0.9150 on the daily chart, and if the pair attempts to break below that level, it might lead to a test of lower levels. The pair is still consolidating in a limited trading range between 0.9150 and 0.9250, where it has been for the past week.

A sustained breakthrough of the 0.9200 resistance zone, on the other hand, would signal a return higher and point to the important 0.9250 resistance level for a re-test. A strong breach of the 0.9175 support level, however, would be an early indication of trend reversal and a shift of attention back to the 0.9150 support level for validation.
USDCHF Short term Trend: Ranging
With resistance at 0.9250, the USDCHF is still anticipated to fall further. The latest rise from 0.9150 is considered another rebound phase of the trend. The intraday trend is in a range with resistance at 0.9215. Otherwise, its trend may stay bullish in the event of a stronger rebound.

At 0.9226 intraday high, the breach might approach the recovery from 0.9250 to 0.9332. A breach of the minor support level of 0.9175, on the other hand, would result in a negative leaning towards the support level of 0.9150. The USDCHF pair appears to be sensitive to further declines and a desire to return under the 0.9200 level at the present.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USDCHF Falls Below Critical Support, Dollar’s Slide Accelerates

19 October 2021 | Updated: 19 October 2021

USDCHF Price Analysis – October 19

On Tuesday, the US dollar fell slightly against the Swiss franc. The pair fell lower to settle below 0.9200 after touching the high at 0.9242 in the US session. The USDCHF currency pair is currently trading at 0.9225, down 0.15 percent on the day. As traders’ decisions are influenced by Fed tapering and increased inflationary concerns, higher US Treasury yields underpin the appetite for the US dollar.

Key Levels
Resistance Levels: 0.9472, 0.9375, 0.9275
Support Levels: 0.9175, 0.9100, 0.9018
USDCHF Long term Trend: Ranging
Daily, the USDCHF has prolonged its weakness below moving averages 5 and 13, indicating that sellers are likely to hold the reins tight and target a retracement level of 0.9230 during the current falls.

The 0.9175 region is the immediate support, and a break below that level would expose the 0.9150 level, which is a multi-month support zone low. On the upside, the immediate resistance is currently at 0.9250, followed by 0.9275 and 0.9300.
USDCHF Short term Trend: Ranging
USDCHF is range-bound at 0.9175/9275, with an intraday tendency to the negative. An additional drop is still possible with a resistance level of 0.9250 intact. The breach of the 0.9175 level, on the other hand, might trigger a further downward fall.

Even so, given the bullish convergence situation in the 4 hour RSI, a breach of the 0.9175 level might confirm short-term bottoming and shift the bias back to the upward, allowing for a rebound to the horizontal resistance line (now at 0.9250 level).

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USDCHF Brings Dip-Buying at 0.9257 Following USD Demand

12 October 2021 | Updated: 12 October 2021

USDCHF Price Analysis – October 12

The USDCHF pair recovered an intraday slide to 0.9257 and was last seen lingering past the 0.9300 level, at the high end of its daily trading range. The safe-haven Swiss franc was impacted by a relatively good comeback in US equities futures, which was considered as a crucial element that functioned as a support for the USDCHF pair.

Key Levels
Resistance Levels: 0.9547, 0.9472, 0.9375
Support Levels: 0.9250, 0.9200, 0.9150
USDCHF Long term Term: Ranging
From a technical standpoint, the USDCHF pair broke through critical horizontal support near 0.9275 the day before. The consolidating conditions, on the other hand, may assist limit the drop, at least for the time being, above the 0.9300 level. The pair’s rebound could be extended towards the 0.9332 level.

On the other side, if the USDCHF sustains its push above the 0.9300 level, the current bullish trend may continue, with an eye on the higher horizontal resistance level at 0.9375. In the meantime, any attempt to return to the moving average 5 and 13 breakpoints at 0.9290 could be viewed as a selling opportunity.
USDCHF Short term Trend: Ranging
The intraday tendency in USDCHF remains on the upswing for the initial 0.9332 barrier level. The projected 0.9375 resistance level for validation may easily be the key breach here, as an early indication of bullish reversal.

On the downside, at a low level of 0.9275, the downside is now preferred beneath the 0.9250 minor support level. After trading over 0.9275, the US dollar has taken on a near-term bid tone after hitting levels above 0.9300. The pair may continue the uptrend into the next session.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USDCHF Nears 0.9300, Dollar Rises Following Surging US T-Bond Yields

5 October 2021 | Updated: 5 October 2021

USDCHF Price Analysis – October 5

After recovering from lows the USDCHF is returning to levels near 0.9300 as the US dollar regained lost territory after three consecutive days in the red. The dollar has gained ground versus most of its main rivals on Tuesday, owing to higher US Treasury yields and a reasonable appetite for risk, as well as a positive tone in the world’s major stock markets.

Key Levels
Resistance Levels: 0.9547, 0.9472, 0.9375
Support Levels: 0.9230, 0.9175, 0.9080
USDCHF Long term Trend: Ranging
The USDCHF is trading around 0.9300, between the moving averages of 5 and 13, and was last seen trading at 0.9280, after breaking through the 0.9275 level. If the price starts to fall, the next support might be the horizontal level at 0.9175 if the market continues to make higher highs and lower lows.

Even so, a large breach of the 0.9300 support turned resistance level could be an early indication of trend reversal and a shift in focus back towards 0.9472 main barriers for validation. Dips should be kept at bay by the 0.9200 level, which is located near the horizontal support barrier.
USDCHF Short term Trend: Ranging
At this time, the USDCHF intraday bias is still on the rise. The rebound from 0.9230 should aim for 0.9300. In the meantime, a sustained break there will lead to a 61.8 percent retracement at 0.9375 levels. On the downside, a break of 0.9200 low level will resume a larger downtrend.

A break of the 0.9230 minor support level on the downside will make the intraday bias neutral and bring some consolidations initially. However, if the price breaks the downward boundary and settles below 0.9200, the bullish scenario may be invalidated. In this event, the pair may continue to slide towards levels of 0.9150.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USDJPY Rally Continues as It Gains More Bullish Momentum

30 September 2021 | Updated: 30 September 2021

USDJPY Analysis – Price Continues to Rally Upward as Momentum Increases

USDJPY rally continues as the bullish momentum increases. The buyers gained this position after a bullish engulfing candle near the 109.100 significant key level. The bulls then increased the pressure, and the market continues to rally upward. The price is, however, set to reach a new high before any reversal can occur. As the momentum increases, several price levels were broken. USDJPY will therefore set a new high before the bears set in.


USDJPY Significant Levels:

Resistance Level: 111.200, 110.500
Support Level: 109.700, 109.100

USDJPY rally continues
USDJPY Long Term Trend: Bullish

USDJPY begins with an upward movement before entering a consolidation phase. As buyers began to migrate upward, sellers fought to keep price levels stable. As the bearish candle eclipsed the bullish high, the market started a bearish trend. However, the price entered a consolidation zone. As a result, the USDJPY continues to hold between the major key levels of 110.59 and 109.100.

The bulls took control of the market as prices continued to retest these levels. The price, on the other hand, continues to rise as the momentum builds. More levels of resistance and support are being breached. The MACD (Moving Average Convergence and Divergence) histogram on the daily chart continues to rise as the bulls gain pace. When the market reaches a low point, the price will begin to fall. As the bulls maintain control of the market, the moving average crosses upward.

USDJPY rally continues USDJPY Short Term Trend: Bullish

On the 4hour chart, the price first begins to move in a downtrend before the buyers set in. The market starts to make higher lows and highs, breaking various significant key levels. A bearish trend will therefore set in after the bullish ride is over. The MACD histogram continues to increase, and the bulls keep adding more pressure to the market. The moving average is also acting as a support line as the market continues to rally upward. USDJPY will therefore continue its bullish ride before the bears finally set in.

You can purchase crypto coins here: Buy coins

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USDCHF Gains Ground for the 2nd Day in a Row on Wide USD Strength

28 September 2021 | Updated: 28 September 2021

USDCHF Price Analysis – September 28

The USDCHF pair is trading higher on Tuesday, with the pair last seen trading around 0.9300, up almost 0.45 percent on the day. After posting strong positive momentum in the US session, the pair is consolidating gains. The USD continued to benefit from rising US bond rates, which acted as a tailwind.

Key Levels
Resistance Levels: 0.9547, 0.9472, 0.9375
Support Levels: 0.9242, 0.9175, 0.9080
USDCHF Long term Trend: Ranging
The US dollar remains strong versus the Swiss franc for the second day in a row, as the pair’s intra-day correction finds buyers at 0.9275, up from 0.9255. In a broader sense, the drop from 0.9332 is considered the third trend cycle since the level of 0.9472 (high). For the time being, there is no indication that the cycle will be completed.

In continuation, the next target will be a 138.2 percent projection from 0.9472 to 0.8926 from 0.9274 to 0.9018 levels. A strong breach of the 0.9332 resistance level, however, would be an early indication of trend reversal and a shift of attention back to the 0.9472 main resistance level for validation.
USDCHF Short term Trend: Bullish
The intraday tendency in USDCHF remains on the upswing for the initial 0.9300 barrier level. The projected 0.9332 resistance level for validation may easily be the key breach here, as an early indication of bullish reversal.

On the downside, at a low level of 0.9101, the downside is now preferred beneath the 0.9200 minor support level. After trading over 0.9275, the US dollar has taken on a near-term bid tone after hitting levels above 0.9300. The pair may surge into next session.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USD/CHF Poised To End Its Correction!

24 September 2021 | Updated: 24 September 2021

USD/CHF was into a corrective phase but the pair has found strong support and now is fighting hard trying to rebound. Stil, we need confirmation before taking action, before jumping into a long position.

The USD received a helping hand from the New Home Sales indicator which was reported at 740K above 712K expected and compared to 708K in the previous reporting period. Technically, the USD/CHF maintains a bullish bias despite the most recent retreat.

USD/CHF Technical Analysis!

The USD/CHF pair has found support on the weekly S1 (0.9215) level. As you can see, it has failed to stay below the ascending pitchfork’s upper median line (UML) which was seen as a dynamic support.

Now, it has escaped from the down channel’s body and it tries to get out from the minor triangle pattern as well. Registering a valid breakout from these patterns could signal further growth. A temporary consolidation above the upper median line (UML) could attract more buyers.

Conclusion!

The temporary retreat seems over, so the USD/CHF could turn to the upside. Still, only a valid breakout above the 0.9274 could signal a strong growth.

 

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Olimpiu Tuns

Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms.

USDCHF Reverses From Highs Near 0.9332 As the Swiss Franc Gains

21 September 2021 | Updated: 21 September 2021

USDCHF Price Analysis – September 21

In the early European trading hours on Tuesday, the USDCHF pair is trading down. The pair dropped on a corrective pullback after touching monthly highs above 0.9300. It is currently trading at 0.9248, down 0.32 percent on the day. On the other note, despite a drop in risk appetite, the Swiss Franc maintains some of its safe-haven appeals.

Key Levels
Resistance Levels: 0.9472, 0.9375, 0.9275
Support Levels: 0.9200, 0.9150, 0.9100
USDCHF Long term Trend: Ranging
USDCHF remains at the recent low of 0.9248, according to technical analysis of the daily chart, with the next bottom at 0.9221. Although the pair may find some support near 0.9200 and appeared to have stopped its recent decline from 0.9332. As a result, any subsequent rise to the 0.9275 level will almost certainly be viewed as a buying opportunity.

A sustained breach of the 0.9200 support level, on the other hand, would signal a trend change and draw attention back to the important 0.9150 support level, which would be tested. A breakout of the 0.9275 immediate resistance level, on the other hand, should be the first indicator of a bullish turnaround. In the absence of a new rally, the trend may turn bearish.
USDCHF Short term Trend: Ranging
On a retest of the 0.9200 low, the USDCHF intraday bias remains moderately negative. A decisive break could signal the start of a bigger decline. Going above the minor resistance level of 0.9275, on the other hand, may initially revert the rising trend into the resistance zone 0.9300/9332.

The attention is on the 0.9200 level, which represents the key support. This protects the 0.9150 support, and a dive below 0.9200 is needed to make room for more lows. The prolonged advance could prompt short-term coverage in the near term, allowing USDCHF to rebound to 0.9300.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USDCHF Maintains Pace From Prior Session Despite 0.9240/50 Barrier

14 September 2021 | Updated: 14 September 2021

USDCHF Price Analysis – September 14

During the early Tuesday session, the USDCHF pair retreated lower but overall has continued to main the prior day’s advance beyond the 0.9200 psychological level. The risk-on scenario harmed the safe-haven CHF, although it stayed resilient despite the rising USD.

Key Levels
Resistance Levels: 0.9375, 0.9304, 0.9240
Support Levels: 0.9200, 0.9150, 0.9100
USDCHF Long term Trend: Ranging
This week, the US Dollar has extended its surge versus the Swiss Franc above the 0.9200 level. USDCHF, meanwhile, found reinforced resistance near the 0.9240 level, resulting in a new range trading. After a few days of drifting, the US dollar returns to action on Friday, registering steady gains against the strong Swiss franc.

A breach of the 0.9242 resistance level on the upside is the first hint of medium to long-term bottoming. As a result, except for some strong follow-through buying, maybe beyond the overnight swing high, around the 0.9240 levels. Having said that, if the price manages to move higher, it may test the July high of 0.9274 level.
USDCHF Short term Trend: Ranging
USDCHF is extending its consolidation pattern from the recent low of 0.9150, and the intraday bias remains neutral. A breach of the 0.9101 low level will resume a bigger slump on the downside. The USDCHF pair has risen to test the August high of 0.9142. The more critical 0.9275 July high sits above this, and the market may hold it on the initial test.

In addition, if the 0.9200 support level is sustained, the rebound would resume towards the next level of 0.9275 to 0.9300 levels. A negative break of the immediate support line at 0.9175, on the other hand, could take a breather near 0.9120 levels before attempting to challenge the month-start bottom around the 0.9100 round-figures.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

USDCHF Continues in a Range Remaining Near Mid 0.9100

7 September 2021 | Updated: 7 September 2021

USDCHF Price Analysis – September 7

On Tuesday, the USDCHF volatility eventually settles near mid 0.9100. The pair is ranging in its movement within a relatively narrow trade area after recording a high at 0.9168 on Monday. The Swiss Franc strengthens due to its safe-haven appeal, while recent US job data is scrutinized.

Key Levels
Resistance Levels: 0.9275, 0.9200, 0.9150
Support Levels: 0.9100, 0.9050, 0.9000
USDCHF Long term Trend: Ranging
For the time being, the USDCHF pair appears to have remained in a range despite minor losses, while any substantial move higher remains elusive. As a result, any following upward movement is more likely to be met by a new supply near the 0.9175-0.9200 level. As a result, any further gains for the USDCHF pair near the 0.9200 round-figure marks should be limited for the time being.

However, USDCHF may hold above 0.9200 and surge beyond 0.9242 in the short future, if the preceding count is correct. The immediate resistance level is 0.9200, and a breach of this level will send the price to the 0.9240-75 zone. Also, keep in mind that triangle breakouts are very sharp, and a 0.9275 level will be easily attained.
USDCHF Short term Trend: Ranging
After dipping below 0.9200, the USDCHF rebounded sharply in the short term. The pair’s intraday bias has remained in a range within mid 0.9100, this time down from the 0.9150 mid-level. A decisive break upside would signal a positive turnaround and lead to prolonged advances toward the 0.9200 resistance level, which would be tested.

The breakout of immediate support at 0.9120, on the other hand, might be the target of the 0.9100 low retests. Below is the 0.9080 first level of support. Next support is found at 0.9050, followed by 0.9018. Its 4-hour RSI is hanging and pointing higher, indicating that the USDCHF might continue to recover.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.