country flagالعربية
0
0

USD/CHF Daily Technical Analysis | 30 January 2018

2018-01-30 12:08 am | Resource: Technical Analysis | No Views : 282


Time frame Used - four hours
The USD / CHF is moving in a sideway direction in the near term
USD CHF CHART

The selling force was able to control the USD / CHF move to break the important support level of 0.9418 to reach the support level 0.9288, trying to consolidate around this level
  And looking at the technical indicators
Both the RSI and the Stochastic are indicating signs of recovery
  Accordingly, we expect the USD / CHF to hit 0.9426 - 0.9535 again
  The alternative scenario is to break the 0.9336 level to drop to 0.9258
Resistance: 0.9418- 0.9535 - 0.9638
Support: 0.9336 - 0.9258 - 0.9150
Direction: sideway

Technical Analysis

Forex Analysis


Other news

Dollar gained and Euro weakened as Pound mixed during Monday

The dollar rose and the euro weakened as the pound traded mixed in European trade as traders awaited the new Brexit and trade war after US Commerce Secretary Wilbur Ross said on Monday that a "correct" trade deal with China was more important than signing in November. Ross: China's deal should be right, not quick The comments come after President Donald Trump said the "first phase" deal should be "easy…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.