- Analytics
- Market analysis
- Technical Analysis
- USD/CHF rose slightly above MA (200) H1
USD/CHF rose slightly above MA (200) H1
Today, the USD/CHF pair is trading in a wide range of 0.8490-0.8540 and on the hourly chart rose slightly above the MA (200) H1 moving average line (0.84670). On the four-hour chart, the pair is testing MA (200) H4 (0.8480). Technically speaking, the resistance of 0.8550 can keep USD/CHF from further growth. If this level is broken, the pair may rise to 0.8630. The lower bound of 0.8430 represents a strong support level. The most likely range of the pair's movement for today may be hidden within the existing range of 0.8470-0.8550.
⦁ Resistance levels are: 0.8495, 0.8520, 0.8550-60
⦁ Support levels are: отметках: 0.8430, 0.8400, 0.8375
The main scenario for the pair's promotion assumes a breakout of the resistance of 0.8540-50 (Sept 12 high, session maximum) and there may be an increase to 0.8630 (Aug 20 high)
An alternative scenario implies a decrease to MA (200) H1 (0.8470) and then, maybe, to 0.8430 (Oct 1 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
