- Analytics
- Market analysis
- Technical Analysis
- USD/CHF remains above MA (200) H1
USD/CHF remains above MA (200) H1
Today, the USD/CHF pair is trading in the range of 0.8915-45 after reaching a 5-month high of 0.8975 yesterday. On the hourly chart, USD/CHF consolidated above the moving average line MA (200) H1 (0.8865) and on the four-hour chart it rose above MA (200) H4 (0.8825). Technically speaking, the resistance of 0.8980 has so far kept USD/CHF from further growth. If this level is broken, the pair may rise to 0.9005. The lower bound of 0.8900 represents a strong support level.
⦁ Resistance levels are: 0.8975, 0.9005, 0.9050
⦁ Support levels are: отметках: 0.8900, 0.8865, 0.8810
The main scenario of the pair's advance assumes a breakout of the resistance of 0.8975 (Dec 17 high) and there may be an increase to 0.9005 (July 5 high)
An alternative scenario implies a decrease to 0.8900 (Dec 16 low) and to MA (200) H1 (0.8865) and then, maybe, to 0.8810 (Dec 11 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
