- Analytics
- Market analysis
- Technical Analysis
- USD/CHF is trading near a two-week high
USD/CHF is trading near a two-week high
Today, the USD/CHF pair is trading in the range of Chf0. 8885-0.8915 after rising yesterday from Chf0.8845 to a two-week high (Chf0.8920). On the hourly chart, the pair is trading above the moving average line of MA (200) H1 (Chf0. 8830), but on the four-hour chart it is testing MA (200) H4 (Chf0.8905). Technically speaking, a strong resistance level of Chf0. 8920 may keep USD / CHF from rising further. If it breaks through, the price may rise to Chf0. 8945. The most likely range of movement of the pair for today can be hidden within the range of Chf0. 8885-0.8920
⦁ Resistance levels are: Chf0.8920, Chf0.8945, Chf0.9010
⦁ Support levels are: Chf0.8885, Chf0.8820-30, Chf0.8755
The main scenario for the pair's promotion - correction, pear decline to Chf0.8820-30 (January 8 low, MA (200) H1)
© 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
