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USDCHF higher this week and back above 200 day MA. What next for next week's trading?

USDCHF

USDCHF higher this week and back above 200 day MA. What next for next week's trading?

  • The USDCHF moved above its 200-day moving average at 0.90335. That level is now close risk for buyers.
Greg Michalowski
Greg Michalowski
Friday, 22/09/2023 | 16:50 GMT-0
22/09/2023 | 16:50 GMT-0
Technical Analysis

USDCHF trades above its 200 day MA for the 1st time since November 2022

USDCHF

USDCHF trades above its 200 day MA for the 1st time since November 2022

  • The USDCHF 200 day moving average is currently at 0.90346. Key barometer for both buyers and sellers today (and going forward).
Greg Michalowski
Greg Michalowski
Thursday, 21/09/2023 | 14:29 GMT-0
21/09/2023 | 14:29 GMT-0
News

USD/CHF looks to come up for air as SNB surprises by pausing early

USD/CHF looks to come up for air as SNB surprises by pausing early

  • The pair is now up 0.9% today to 0.9060 levels at the moment
Justin Low
Justin Low
Thursday, 21/09/2023 | 07:46 GMT-0
21/09/2023 | 07:46 GMT-0
Central Banks

SNB leaves policy rate unchanged at 1.75% vs 2.00% expected

SNB leaves policy rate unchanged at 1.75% vs 2.00% expected

  • The Swiss central bank announces its monetary policy decision for September 2023
Justin Low
Justin Low
Thursday, 21/09/2023 | 07:30 GMT-0
21/09/2023 | 07:30 GMT-0
Technical Analysis

USDCHF moves lower after ceiling area stalls the rally this week. Key support approached.

USDCHF

USDCHF moves lower after ceiling area stalls the rally this week. Key support approached.

  • The USDCHF tests the 200-hour MA at 0.89426
Greg Michalowski
Greg Michalowski
Wednesday, 20/09/2023 | 14:49 GMT-0
20/09/2023 | 14:49 GMT-0
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