- Analytics
- Market analysis
- Technical Analysis
- USD / CHF continues to test MA (200) H1
USD / CHF continues to test MA (200) H1
Today, the USD/CHF pair is trading mainly with growth in the range of Chf0. 8860-90, and is testing the MA (200) H1 moving average line (Chf0.8880). On the four-hour chart, the pair is trading above MA (200) H4 (Chf0. 8865). Technically speaking, yesterday's high of Chf0. 8895 may keep USD / CHF from rising. If it breaks through, the price may rise to Chf0. 8920-25. The session low of Chf0. 8860 is the nearest support. If it is passed, the pair may follow a correction to Chf0. 8840-45. The most likely range of the pair's movement for today may be hidden within the existing range of Chf0. 8860-95.
⦁ Resistance levels are: Chf0.8895, Chf0.8920-25, Chf0.8945
⦁ Support levels are: Chf0.8860, Chf0.8840, Chf0.8820
The main scenario for the pair's promotion - break of the session low of Chf0. 8875 and, perhaps, a decline of the pair to Chf0.8840-45 (January 22-23 lows)
An alternative scenario -if yesterday's high of Chf0. 8895 is broken, the pair may rise to Chf0.8920-25 (January 18 and 20 highs)
© 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
