24 Mar 2014
USD/CHF up 0.37% on the day
FXStreet (Barcelona) - USD/CHF is up 0.37% on the day at 0.8860, having previously posted a daily high at 0.8863 and a low at 0.8815.
How strong has the move been?
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slighty bullish. Currently RSI is at 70.74, up from the last hourly print at 65.00, with ADX at 28.28, up from its previous close at 16.10. RSI is neutral at 48.84, according to the daily chart.
A climbing 200 SMA on the hourly USD/CHF chart is currently at 0.8833, up from 0.8769 at the previous close. Moving with a range bound trend, the exponential average closing price is 0.8817.
How volatile has USD/CHF been?
Hourly 2-Standard Deviation Volatility Bandwidth is currently 35 pips, and has been expanding, while the ATR (14) is currently 9 pips. Viewing a daily USD/CHF chart, 2-Standard Deviation Volatility Bandwidth is shrinking at 232 pips.
Over the last four weeks, the average movement for the present session has been 9 pips per hour. Following the four week period average, today’s most volatile hour is between 13:00-14:00 GMT which has an average movement of 23 pips.
What USD/CHF price levels and patterns have to be considered?
Today's central pivot point can be found at 0.8829 with support below at 0.8813, 0.8799 and 0.8783, with resistance above at 0.8843, 0.8859, and 0.8873. Patternwise, we can see a Hammer formation on the 1-day.
How strong has the move been?
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slighty bullish. Currently RSI is at 70.74, up from the last hourly print at 65.00, with ADX at 28.28, up from its previous close at 16.10. RSI is neutral at 48.84, according to the daily chart.
A climbing 200 SMA on the hourly USD/CHF chart is currently at 0.8833, up from 0.8769 at the previous close. Moving with a range bound trend, the exponential average closing price is 0.8817.
How volatile has USD/CHF been?
Hourly 2-Standard Deviation Volatility Bandwidth is currently 35 pips, and has been expanding, while the ATR (14) is currently 9 pips. Viewing a daily USD/CHF chart, 2-Standard Deviation Volatility Bandwidth is shrinking at 232 pips.
Over the last four weeks, the average movement for the present session has been 9 pips per hour. Following the four week period average, today’s most volatile hour is between 13:00-14:00 GMT which has an average movement of 23 pips.
What USD/CHF price levels and patterns have to be considered?
Today's central pivot point can be found at 0.8829 with support below at 0.8813, 0.8799 and 0.8783, with resistance above at 0.8843, 0.8859, and 0.8873. Patternwise, we can see a Hammer formation on the 1-day.