OctaFX | OctaFX Forex Broker
Open trading account

USD/CHF Technical Analysis: Greenback plummets to new 3-month’s low ahead of FOMC minutes

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend below the 50, 100 and 200-period simple moving average (SMA).
  • USD/CHF is trading close near its lowest level in three months.
  • The FOMC minutes scheduled at 19:00 GMT will likely provide high volatility in the forex market.

USD/CHF 4-hour chart

  • USD/CHF precipitated down below 0.9800 figure as Fed’s Bostic made some dovish comments. 

USD/CHF 30-minute chart

  • Hawkish FOMC minutes will likely send USD/CHF to 0.9820 while a dovish tone can see USD/CHF weakening to the 0.9700 figure.

Additional key levels


    Today Last Price: 0.976
    Today Daily change: -55 pips
    Today Daily change %: -0.560%
    Today Daily Open: 0.9815
    Previous Daily SMA20: 0.989
    Previous Daily SMA50: 0.9953
    Previous Daily SMA100: 0.9881
    Previous Daily SMA200: 0.9885
    Previous Daily High: 0.9835
    Previous Daily Low: 0.9788
    Previous Weekly High: 0.9921
    Previous Weekly Low: 0.9796
    Previous Monthly High: 1.0009
    Previous Monthly Low: 0.979
    Previous Daily Fibonacci 38.2%: 0.9817
    Previous Daily Fibonacci 61.8%: 0.9806
    Previous Daily Pivot Point S1: 0.979
    Previous Daily Pivot Point S2: 0.9766
    Previous Daily Pivot Point S3: 0.9743
    Previous Daily Pivot Point R1: 0.9837
    Previous Daily Pivot Point R2: 0.986
    Previous Daily Pivot Point R3: 0.9884


Fed's Rosengren: Fed is "mildly accommodative" now, says he is perfectly content to stay there

Additional remarks from Boston Fed President Eris Rosengren continue to cross the wires. Key quotes Prefers to rely on adjustments of short-term r
Read more Previous

AUD/USD Technical Analysis: Aussie is creeping up towards 0.7200 figure ahead of the FOMC minutes

AUD/USD daily chart AUD/USD is trading in a bear trend below the 200 SMA. AUD/USD is testing the 50 and 100 SMA near the 0.7200 figure. The FOMC
Read more Next
Start livechat