- Analytics
- News and Tools
- Market News
- USD/CHF targets the mid-July high of 0.9467 – Commerzbank
USD/CHF targets the mid-July high of 0.9467 – Commerzbank
FXStreet reports that Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, discusses USD/CHF prospects.
“USD/CHF has so far practically reached the 0.9421 June 23 low above which the mid-July high can be spotted at 0.9467. Further up sits the 50% retracement of the 2019-2021 decline at 0.9499.”
“Our medium-term upside target is the 200-week ma at 0.9663.”
“Slips should find support around the 38.2% Fibonacci retracement at 0.9324 below which the September high can be spotted at 0.9296.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
