Overview: The support level of 0.9216 became the major ressistance at the same level. The USD/CHF pair continues to move downwards from the level of 0.9216. The pair dropped from the level of 0.9216 to the bottom around 0.9118. But the pair has rebounded from the bottom of 0.9118 to close at...
Good day, dear traders!
A large-scale weakening of the US dollar, which has been occurring for several weeks, is also observed in the pair with the Swiss franc. At the same time, the results of the Fed meeting and the crushing fall in the GDP of the United States in the second quarter of this year...
Overview:The USD/CHF pair continues to move downwards from the level of 0.9216. Yesterday, the pair dropped from the level of 0.9216 to the bottom around 0.9118. But the pair has rebounded from the bottom of 0.9118 to close at 0.9147. Today, the first support level is seen at 0.9118, the price is...
The USD/CHF pair is now heading toward the area of 0.9116 - 0.9072. This bearish movement has been confirmed by the price moving inside a downward slope channel. Please pay attention if the price makes a retracement upwards and closes above 0.9207. If so, all the targets for the downward movement...
USD/CHF has made a new lower low, it has fallen below the 0.9250 - 0.9218 support area, downside obstacle, so a further drop is favored. When the price violates a support area, technically, it is expected to resume its downside movement, downtrend.The currency pair is located within a down channel,...
The pair is trading outside the average monthly and weekly moves today. This increases the probability of forming a corrective ascending pattern. To implement it, updating the weekly low and testing the weekly control zone 0.9153-0.9126 are necessary.
The major pullback level is at 0.9276....
Good afternoon traders! A trading idea for the USD / CHF pair.
Over the years, the weakness of the US dollar has pushed the USD / CHF pair down to a year low. But yesterday, the quotes turned around and the pair is likely to continue rising up in the trading chart.
A feature of the USD/CHF...
Hello!At the trading on July 13-17, the USD/CHF currency pair continued its movement in the south direction, losing 0.24%. Recently, market participants do not favor the US currency with their attention, and the US dollar is under selling pressure across a wide range of the market. However, at the...
USD/CHF is trading at the 0.9447 level, it has found a temporary resistance, but the price has suggested a potential larger increase in the short term. Still, you should be careful because the pair is still under pressure and a larger increase needs confirmation.Today's fundamental events and...
Yesterday, the USD/CHF pair went beyond the medium-term accumulation zone. This indicates a continuation of the bearish impulse. The nearest goal of the decline is the zone of the average weekly move, the lower border of which is located around the level of 0.9313. Working towards the...
