News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
USD/CHF Technical Analysis: Rally Stalls Above 0.95 Mark

USD/CHF Technical Analysis: Rally Stalls Above 0.95 Mark

Ilya Spivak, Head Strategist, APAC

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points:

  • USD/CHF Technical Strategy: Long at 0.9068
  • Support:0.9463, 0.9401, 0.9299
  • Resistance: 0.9564, 0.9646, 0.9728

The US Dollar is edging lower against the Swiss Franc as expected after producing a Shooting Star candlestick. A daily close below the 23.6%Fibonacci expansion at 0.9463 exposes the 0.9401-03 area marked by the September 19 close and the 14.6% level. Alternatively, a turn above the 38.2% Fib at 0.9564 opens the door for a challenge of the 50% expansion at 0.9646.

We bought USDCHF at 0.9068 and have since taken profit on half of our exposure. The remainder of the trade is open to capture any further upside momentum. The stop-loss is now at 0.9114, our initial objective.

Add these technical levels directly to your charts with our Support/Resistance Wizard app!

USD/CHF Technical Analysis: Rally Stalls Above 0.95 Mark

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.