Rejection at 0.8225 keeps the 0.8200 support on focus
The post Rejection at 0.8225 keeps the 0.8200 support on focus appeared on BitcoinEthereumNews.com.
US Dollar’s recovery remains capped below 0.8225. Concerns about US debt are keeping the USD on the defensive. USD/CHF maintains the broader bearish tone intact, with 0.8200 support eyed. The US Dollar has failed to break the 0,8225 resistance area, where the near-term descending channel meets a previous support, now turned resistance. This keeps bears in control, with the key 0.82 support area at a short distance. The risk sentiment is Dollar supportive after Trump announced a pause on the Tariffs to Europe, but the USD is failing to bounce up against safe-haven assets like the CHF. Investors’ concerns about the US fiscal stability, as the Senate discusses the sweeping tax bill, keep investors wary of US assets. US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.12% -0.23% 0.27% -0.09% -0.28% -0.44% 0.09% EUR 0.12% -0.10% 0.47% 0.03% -0.15% -0.30% 0.22% GBP 0.23% 0.10% 0.23% 0.13% -0.06% -0.21% 0.34% JPY -0.27% -0.47% -0.23% -0.37% -0.58% -0.79% -0.21% CAD 0.09% -0.03% -0.13% 0.37% -0.17% -0.34% 0.21% AUD 0.28% 0.15% 0.06% 0.58% 0.17% -0.19% 0.39% NZD 0.44% 0.30% 0.21% 0.79% 0.34% 0.19% 0.55% CHF -0.09% -0.22% -0.34% 0.21% -0.21% -0.39% -0.55% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). USD/CHF Technical Outlook Price action keeps posting lower highs and lower lows, in a descending channel,…
Filed under: News - @ May 26, 2025 12:23 pm