Overview: The USD/CHF pair.
The first resistance level is seen at 0.9787 followed by 0.9847, while daily support 1 is seen at 0.9691. The USD/CHF pair broke support which turned to strong resistance at 0.9787. The market is still set to trade around the daily pivot point of 0.9739. This week, it...
USD/CHF is under pressure. The pair broke below the rising trend line since May 23 and both 20-period and 50-period moving averages. Additionally, the bearish cross between 20-period and 50-period moving averages has been identified. The relative strength index also broke below a bullish trend line...
USD/CHF is expected to trade with a bullish outlook. The pair broke above the declining trend line since May 19, which confirmed a bullish outlook. The rising 20-period and 50-period moving averages suggest that the prices have potential for a further advance. The relative strength index is above...
Overview:
The market is still set trader around the daily pivot point of 0.9739.
Yesterday, it continued to move downwards from the level of 0.9787 to the bottom around 0.9739.
Today, the first resistance level is seen at 0.9787 followed by 0.9847, while daily support 1 is seen at 0.9691. The...
Overview:
The market opened below the daily pivot point (0.9739). It continued to move downwards from the level of 0.9787 to the bottom around 0.9739.
Today, the first resistance level is seen at 0.9787 followed by 0.9847, while daily support 1 is seen at 0.9691.
The USD/CHF pair broke support...
USD/CHF is expected to extend its downside movement. The pair is holding on the downside. The downward momentum is further reinforced by the declining 20-period and 50-period moving averages. The relative strength index is mixed to bearish. On the economic data front, the economic calendar lacks...
Overview:
In the long term, the USD/CHF pair continues to move downwards from the level of 0.9893.
The major resistance level is seen at 0.9850 followed by 0.9893 as second resistance.
Also, the level of 0.9787 represents a weekly pivot point for that it will act as major level in coming...
USD/CHF is expected to continue its downside movement. The pair recorded lower tops and lower bottoms Since May 11, which confirmed a bearish outlook. The downward momentum is further reinforced by the declining 50-period moving average. The relative strength index is below its neutrality level at...
Overview: The USD/CHF pair continues to move downwards from the level of 0.9893.
Today, the first resistance level is seen at 0.9893 followed by 0.9948 as second resistance.
Also, the level of 0.9787 represents a weekly pivot point for that it will act as major resistance/support in coming...
USD/CHF is under pressure. The pair recorded lower tops and lower bottoms Since May 11, which confirmed a bearish outlook. The downward momentum is further reinforced by the descending 20-period and 50-period moving averages. The relative strength index broke below the oversold level of 30. On the...
