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Forex pairs in this Article » USD/CHF (San Francisco) - The USD/CHF is extending gains for third day as the pair continues with its recovery from December 31 bottom of 0.8860 to trade above the 0.9000 area and peak to nearly 1-month high at 0.9045.

The USD/CHF is joining its negative correlation with the EUR/USD. The Euro is trading under pressure today against the US Dollar and it has lost around 200 pips in the last three days.

Currently, the USD/CHF is trading at 0.9040, 0.50% positive on the day. The short term perspective remains slightly bullish according to the trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.

USD/CHF levels

If the pair consolidates levels above the 0.9000, the USD/JPY would face next resistances at 0.9060, 0.9100 and 0.9110. On the downside, supports are at 0.9020, 0.9000 and 0.8990.
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