- 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 growing in the range of 0.8450-0.8500 and is testing the MA (200) H1 (0.8475) moving average line on the hourly chart. On the four-hour chart, the pair remains below MA (200) H4 (0.8530). Technically speaking, the 0.8450 support keeps USD/CHF from further decline for now. If this level is broken, the pair may fall to 0.8420. The upper limit of 0.8560 represents a strong resistance level. The most likely range of the pair's movement for today may be hidden within the existing range of 0.8420-0.8515
⦁ Resistance levels are: 0.8515, 0.8550-60, 0.8630
⦁ Support levels are: отметках: 0.8450, 0.8420, 0.8375
The main scenario for the pair's promotion assumes a breakout of support at 0.84550 (Sept 19 low, session minimum) and 0.8420 (Sept 11 low) and there may be a decrease to 0.8375 (Sept 6 low)
An alternative scenario implies a breakout of the session maximum of 0.8515 and may be an increase to 0.8550-60 (Aug 21 and Sept 12 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
