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Steady Dollar/Swiss holds at 0.9153

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(Last update 9:11pm EST, September 1, 2021)

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Dollar/Swiss price varies between 0.915 and 0.9159 and settles at 0.9153.

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As the day gets underway a chart visual study suggests Dollar/Swiss resistance level is at 0.9234. Asset volatility analysis shows that the upper Bollinger band is at 0.921, indicating a downward move might be next.

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Overall, looking at the technical analysis landscape, it seems Dollar/Swiss is likely to start pointing downward in the short term.

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Dollar/Swiss started the year by gaining 3.4%.

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Australian dollar steady at 0.7363, no significant movement

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(Last update 9:11pm EST, September 1, 2021)

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Australian dollar price varies between 0.7358 and 0.7377 and settles at 0.7363.

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As the day gets underway a chart visual study suggests Aussie/Dollar nearest support level is at 0.7108. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning medium-term trend might turn negative. Asset volatility analysis shows that the upper Bollinger band is at 0.7436, indicating a downward move might be next.

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Overall, looking at the technical analysis landscape, it seems Australian dollar is likely to start pointing downward in the short term.

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Australian dollar is having a rough year so far losing 4.94%.

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