- Analytics
- Market analysis
- Technical Analysis
- USD/CHF is trading slightly below the MA (200) Н1.
USD/CHF is trading slightly below the MA (200) Н1.
Today the USD/CHF pair is trading in the range of 0.8985-0.9010 after declining on Monday to the weekly low of 0.8955. On the hourly chart, the pair remains slightly below the MA (200) H1 moving average line (0.9025) and on the four-hour chart, the pair remains below the MA (200) H4 (0.9050). Technically speaking, the resistance level at 0.9025 may keep prices from rising further. If this level is passed, the pair may rise to 0.9075. The lower boundary of 0.8955 is a strong support level.
⦁ Resistance levels are: 0.9025, 0.9075, 0.9110-25
⦁ Support levels are: 0.8955, 0.8920, 0.8890
The main scenario of the pair's advance implies a break of the resistance at 0.9025 (Nov 8 high, MA (200) H1) and there may be a rise to 0.9075 (Nov 3 high).
The alternative scenario suggests a break of 0.8955 support (Nov 6 low) and there could be a decline to 0.8920 (Oct 25 low).
© 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
