Technical Analysis
23.12.2024, 12:36

USD/CHF grows and tests MA (200) H1

Today, the USD/CHF pair is mainly growing from 0.8910 to 0.8975, regaining some of the positions lost on Friday. The pair remains slightly below the 6-month high of 0.9020 reached last week. On the hourly chart, USD/CHF is testing the MA (200) H1 moving average line (0.8925) and on the four-hour chart, it is trading above MA (200) H4 (0.8855). Technically speaking, the resistance of 0.9020 can keep USD/CHF from rising further. If this level is broken, the pair may rise to 0.9050. The lower limit of 0.8900 represents a strong support level.


Resistance levels are: 0.9020, 0.9050, 0.9085


Support levels are: отметках: 0.8900-10, 0.8810, 0.8735


The main scenario for the pair's progress suggests an increase to 0.9020 (December 18-19 high) and then, maybe, to 0.9050 (July 2-3 high)

An alternative scenario implies a decline to 0.8900-10 (Dec 16 low, session low) and there may be a decline to 0.8810 (Dec 11 low)

Quotes
Symbol Bid Ask Time
AUDUSD 0.63225 0.63246 22:59:56
EURUSD 1.08712 1.08836 22:59:58
GBPUSD 1.29268 1.29403 22:59:58
NZDUSD 0.57438 0.57522 22:59:56
USDCAD 1.43605 1.43788 22:59:58
USDCHF 0.88414 0.88579 22:59:58
USDJPY 148.627 148.638 22:59:58
XAGEUR 31.01 31.135 22:58:59
XAGUSD 33.783 33.814 22:58:59
XAUUSD 2984.23 2985.42 22:58:59

© 2000-2025. 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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.

Feedback
Live Chat E-mail
Up
Choose your language / location
Click Subscribe to receive notifications about promotions and bonuses