- Analytics
- Market analysis
- Technical Analysis
- USD/CHF is testing MA (200) H1
USD/CHF is testing MA (200) H1
Today, the USD/CHF pair is mainly declining from 0.8925 to 0.8865, having lost all positions gained since the beginning of the week. It is worth recalling that last week the pair reached a 4-month low of 0.8820. On the hourly chart, USD/CHF is testing the moving average line MA (200) H1 (0.8905) and on the four-hour chart it remains below MA (200) H4 (0.8945). Technically speaking, the resistance level of 0.8925 has so far kept USD/CHF from further growth. If this level is broken, the pair may rise to 0.8980. The lower bound of 0.8820 represents a strong support level.
⦁ Resistance levels are: 0.8925, 0.8980, 0.9005
⦁ Support levels are: отметках: 0.8820, 0.8765, 0.8730
The main scenario for the pair's promotion assumes a decrease to 0.8820 (March 15-18 and July 17 low) and then, maybe, to 0.8775 (March 13 low)
An alternative scenario implies a breakout of the resistance of 0.8925 (July 23 high, session high) and there may be an increase to 0.8980 (July 16 high)
© 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
