29 Aug 2013
USD/CHF, firm above 0.93 zone
FXstreet.com (Chicago) - USD/CHF soared throughout Thursday to consolidate above 93.00 zone at the closing of the American trading session. The pair gained 1.10% pips today, topping major gainers across the board.
Leaders and laggards
Price action reveals steep climbing as the greenback strengthened against a weak Swiss franc. In Switzerland, the Swiss Market Index closed down 0.16% vs. major stock indexes in green in the US with the Dow up 0.11%, the Nasdaq up 0.75% and the S&P 500 with 0.20% gains.
USD/CHF Technical Levels
After reaching 0.9322, 2-week-highs, the pair retraced 20 pips but maintained 0.93 zone and is now offered at 0.9308. Supports are set at 0.9286 (August 22nd highs), 0.9262 (August 23rd highs) ahead of 0.9245 (August 26th highs) and resistances at 0.9321 (session highs), 0.9348 (August 13th highs) followed by 0.9377 (August 14th highs).
Leaders and laggards
Price action reveals steep climbing as the greenback strengthened against a weak Swiss franc. In Switzerland, the Swiss Market Index closed down 0.16% vs. major stock indexes in green in the US with the Dow up 0.11%, the Nasdaq up 0.75% and the S&P 500 with 0.20% gains.
USD/CHF Technical Levels
After reaching 0.9322, 2-week-highs, the pair retraced 20 pips but maintained 0.93 zone and is now offered at 0.9308. Supports are set at 0.9286 (August 22nd highs), 0.9262 (August 23rd highs) ahead of 0.9245 (August 26th highs) and resistances at 0.9321 (session highs), 0.9348 (August 13th highs) followed by 0.9377 (August 14th highs).