- Analytics
- Market analysis
- Technical Analysis
- USD/CHF is trading near a 10-week low
USD/CHF is trading near a 10-week low
Today, the USD/CHF pair is mainly growing in the range of 0.8895-0.8930 - around the 10-week low of 0.8885 reached yesterday. On the hourly chart, the pair fell below the MA (200) H1 (0.9060) moving average line. The situation is similar on the four-hour chart. Technically speaking, the support level of 0.8885 kept the pair from further decline. If this level is broken, then USD/CHF may fall to 0.8840. The upper limit of 0.9070 represents a strong resistance level.
⦁ Resistance levels are: 0.8970, 0.9060-70, 0.9160
⦁ Support levels are: отметках: 0.8885, 0.8840, 0.8765
The main promotion scenario assumes a breakout of 0.8885 support (June 4 low) and may be a decrease to 0.8840 (March 21 low)
An alternative scenario implies a breakout of the resistance of 0.8970 (June 4 high) and there may be an increase to 0.9060-70 (May 31 high, 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
