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USD CHF Technical Analysis - USD CHF Trading: 2025-01-14
USD/CHF Technical Analysis Summary
Below 0.91508
Sell Stop
Above 0.91802
Stop Loss
| Indicator | Signal |
| RSI | Neutral |
| MACD | Sell |
| Donchian Channel | Sell |
| MA(200) | Buy |
| Fractals | Sell |
| Parabolic SAR | Sell |
USD/CHF Chart Analysis
USD/CHF Technical Analysis
The technical analysis of the USDCHF price chart on 1-hour timeframe shows USDCHF,H1 is retracing lower toward the 200-period moving average MA(200) after hitting nine-month high yesterday. We believe the bearish momentum will continue after the price breaches below the lower bound of the Donchian channel at 0.91508. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 0.91802. After placing the order, the stop loss is to be moved to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Forex - USD/CHF
SECO Consumer Climate index for Switzerland improved in December. Will the USDCHF price retreating continue?
The State Secretariat for Economic Affairs (SECO) reported the Consumer Climate index rose to -30 in December from -37 in November when a decline to -38 was expected. Sentiment improved on annual basis too: consumer confidence rose to -30.3 in December, up from -44.4 in the same month a year earlier and beating market expectations of -35. The sub-indices Expected Economic Development, Past Financial Situation, Expected Financial Situation and Timing for Major Purchases are above the December 2023 level. Improving Swiss consumer confidence is bullish for Swiss franc and bearish for USDCHF pair.
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