The USD/CHF pair’s recent recovery confronts 100-HMA, adjacent resistance line. 38.2% Fibonacci retracement, 0.9900 act as nearby supports. Following its bounce off 38.2% Fibonacci retracement of the current month upside, USD/CHF confronts near-term key resistance confluence while taking the bids to 0.9942 during early Tuesday.

USD/CHF fails to cross mid-October high, 61.8% Fibonacci retracement. A downside break of 0.9948 could recall 0.9900 on the chart. Bullish MACD keeps buyers hopeful. The USD/CHF pair’s failure to rise beyond mid-October highs can’t be considered as it’s weakness unless the quote traders above 200-day SMA, 50% Fibonacci retracement of April-August downpour.

USD/CHF holds on to recovery gains above 100-day SMA amid increasing hopes of the US-China trade deal. Comments from Fed’s Daly add to the pair’s strength. The US PMIs, JOLTS Job Openings to decorate the economic calendar while trade/Brexit headlines will mostly drive risk-tone.

USD/CHF nears 100-day SMA amid yet another bounce off 50% Fibonacci retracement. 61.8% of Fibonacci retracement adds support to the downside. With its yet another bounce off 50% Fibonacci retracement of August-October advances, USD/CHF nears 100-day Simple Moving Average (SMA) while taking the bids to 0.9865 amid initial trading on Monday.

USD/CHF stays above 21-day EMA amid bullish MACD. A daily closing beyond the monthly trendline will trigger fresh upside. Given the monthly falling resistance line and 21-day EMA confusing USD/CHF traders on a key day, the quote seesaws near 0.9940 during pre-European session on Wednesday.

USD/CHF pulls back from multi-day old falling trend line resistance. 50% of Fibonacci retracement adds strength to the channel’s support. Although a downward sloping trend line since October 03 recently triggered the USD/CHF pair’s pullback, prices still stay inside a short-term rising channel while taking rounds to 0.9950 during Asian session on Tuesday.

USD/CHF trades near the weekly top following a sustained break of the key resistance confluence. 50% Fibonacci retracement, multiple resistance lines on the buyers’ radar. On early Friday, the USD/CHF pair trades successfully above 21 and 200-day Exponential Moving Average (EMA) confluence while taking the bids to 0.9925.

USD/CHF struggles to hold the latest recovery gains. A seven-week-old rising trend line, 50% Fibonacci retracement acts as the closest upside barrier. 61.8% of Fibonacci retracement offers adjacent support. The USD/CHF pair’s recovery from 0.9840 seems to lack momentum as the quote witnesses a pullback to 0.9900 ahead of the European session opening on Wednesday.

USD/CHF seesaws around late-Friday tops. 100-HMA, Friday’s high will restrict the latest pullback. September month low can please sellers during the declines. Failure to extend the latest recovery seems to portray the USD/CHF pair’s weakness as it trades around 0.9870 amid pre-European session on Tuesday.

USD/CHF bounces off from a multi-week low. 38.2% Fibonacci retracement, late-September bottoms can question the recent upside. The USD/CHF pair’s latest recovery is less likely to prevail for long unless clearing near-term key resistance area. The quote seesaws around 0.9860 by the press time of the pre-European session on Monday.

USD/CHF struggles around 38.2% Fibonacci retracement after declining to a three-week low. Bearish MACD favors further downpour to 0.9800/9795 support-zone. With its sustained trading below 50-day SMA, coupled with the bearish MACD, USD/CHF stays on the sellers’ radar even if it clings to 0.9880 during early Friday.

USD/CHF repeatedly fails to cross 0.9985/90 area. A two-month-old rising trend-line, 100-day EMA grabs sellers’ attention. Repeated failures to rise past-0.9985/90 resistance-area drags USD/CHF to 0.9965 by the press time of early Tuesday. The pair now witnesses pullback towards the two-month-old rising trend-line, at 0.9930, a break of which could further drag the quote to a 100-day Exponential Moving Average (EMA) level of 0.9910.

USD/CHF pulls back from 0.9990, 23.6% Fibonacci retracement on the sellers’ radar. 200-bar SMA, followed by rising multi-week-old rising trendline and 38.2% Fibonacci retracement, limit further declines. Despite witnessing a downside pressure off-late, the USD/CHF pair remains well above the key supports while taking rounds to 0.9960 amid pre-European open session on Monday.

USD/CHF seesaws around 23.6% Fibonacci retracement after witnessing multiple failures to cross 1.0030. A nine-day-old rising trend-line, followed by a confluence of 200-HMA/50% Fibonacci retracement limits near-term declines. Despite witnessing pullbacks from 1.0030, USD/CHF is yet to slip beneath key supports as it clings to 0.9985 during early Friday.

USD/CHF stays positive above 200-day SMA, 50% Fibonacci retracement. A sustained run-up beyond 61.8% Fibonacci retracement can aim for late-May highs. Despite successfully trading above key support confluence, the USD/CHF pair fails to provide a daily closing above 61.8% Fibonacci retracement of April-August downpour.

USD/CHF again aims to break two-month long rising trend-line, part of a bearish technical formation. Bullish MACD can trigger an uptick to 61.8% Fibonacci retracement. Sustained trading above 0.9948/50 confluence again propels USD/CHF to confront near-term key resistance-line while taking the bids to 0.9988 amid Tuesday’s Asian session.

USD/CHF clings to 23.6% Fibonacci retracement amid bearish MACD. The rising trend-line since mid-August, 200-bar SMA limits downside. The seven-day long falling trend-line restricts immediate advances. Despite being mostly around 23.6% Fibonacci retracement of August-September upside, USD/CHF stays above key support-confluence as it trades near 0.9910 while heading into the European open on Monday.

USD/CHF takes a U-turn towards 38.2% Fibonacci retracement, 0.9950 resistance confluence. Sustained break of 50-DMA can recall 0.9800 on the chart. September month Swiss ZEW Expectations and SNB’s Q3 Bulletin in the spotlight. With its recent recovery from the 50-day simple moving average (SMA), the USD/CHF pair takes the bids to 0.9875 while heading into the European session on Wednesday.

USD/CHF pulls back from a multi-day high, stays above 200-bar SMA. Trend-positive RSI increases the odds of upside. Despite bouncing off 200-bar simple moving average (SMA), USD/CHF fails to cross near-term key resistances as it trades around 0.9915 while heading into the European session open on Thursday.

USD/CHF remains modestly changed above 13-day-old rising trend-line, 21-day EMA. An ascending trend-line from August 13 adds to the support. August month top, 61.8% Fibonacci retracement level challenge buyers. The USD/CHF pair’s failure to provide a decisive break above August high seems to not disappoint buyers, even for short-term, unless the quote trades below key support-confluence.

USD/CHF extends Thursday’s downpour, nears short-term key supports. An upside break of 0.9985 could recall June month highs. Given the failure to rise past-0.9980/85 area, USD/CHF carries the previous day’s declines while trading around 0.9913 ahead of the Europe markets open on Friday.

USD/CHF takes the bids inside a six-week-old rising wedge bearish formation. 200-DMA, 50% Fibonacci retracement could restrict immediate upside. 0.9880 becomes the key support. Despite the recent rise, USD/CHF trades below the confluence of 200-day simple moving average (DMA) and 50% Fibonacci retracement of April-August declines, close to 0.9940, while heading into the European session on Wednesday.

USD/CHF fails to sustain the bounce off key support-confluence including 200-HMA and 38.2% Fibonacci retracement. A downside break highlights the 61.8% Fibonacci retracement level while 200-DMA caps the upside. Failures to sustain the bounce off 200-hour moving average (HMA) and 38.2% Fibonacci retracement of latest run-up drag the USD/CHF back to the key support-confluence while taking rounds to 0.9900 ahead of Friday’s European open.

USD/CHF clings to 0.9890 after unemployment data. A four-day-old symmetrical triangle limits the pair’s near-term moves. 200-HMA adds to the support while 0.9920 limits the upside. USD/CHF remains largely unchanged after the headline job data as it trades near 0.9890 ahead of Monday’s European session open.

USD/CHF extends declines on the break of one-week-old support-line (now resistance). Sellers look for key technical levels amid bearish signals from MACD. Following its break of immediate support-line, the USD/CHF pair remains on the back foot while taking rounds to 0.9870 amid Wednesday’s Asian session.

USD/CHF remains below near-term resistance-line forming part of immediate rising wedge bearish formation. 200-bar SMA, 50% Fibonacci retracement can question pair’s downside below 0.9857/54 confluence. USD/CHF fails to extend the latest upward trajectory as it trades near 0.9900 during Asian session on Monday.

USD/CHF takes the bids near 38.2% Fibonacci retracement of April-August downpour. 200-day EMA, four-month-old falling trend-line acts as key upside resistance. Despite breaking 50-day exponential moving average (EMA), USD/CHF remains below key resistance confluence as it takes rounds to 0.9880 during Friday’s Asian session.

USD/CHF again confronts 50-DMA while seeking a downward resistance-line since August 01. 23.6% of Fibonacci retracement can offer immediate support. Swiss ZEW Survey – Expectations in the spotlight. Sustained trading beyond 23.6% Fibonacci retracement of April-August declines enables USD/CHF to near the 50-day simple moving average (DMA) while taking the bids to 0.9820 during Wednesday’s Asian session.

Following its U-turn from the 21-day simple moving average (DMA), USD/CHF confronts 23.6% Fibonacci retracement of April-August declines as it takes the bids to 0.9793 ahead of the European session on Wednesday.

USD/CHF seesaws near two-week high amid overbought RSI conditions. A confluence of six-day-old rising trend-line, 4H 200MA adds to the resistance. The USD/CHF pair’s one-week-old recovery seems to fade as the quote seesaws near 0.9814 during the Asian session on Tuesday.

USD/CHF surges to seven-day high. Further upside to near-term key resistance-area expected based on the bullish technical indication. Carrying its early week’s gradual recovery forward, USD/CHF rises to a week’s top while taking the bids to 0.9790 ahead of Friday’s European open.

A four-day long descending triangle formation limits USD/CHF moves ahead of Swiss Unemployment Rate. 100-hour EMA offers an additional barrier to the upside. In addition to its choppy 11-pip trading range since morning, a four-day long descending triangle formation also limits USD/CHF pair moves as it trades near 0.9740 heading into Friday’s European market open.