empty
 
 
01.11.2012 11:31 AM
USD/CHF Intraday: The Upside Prevails

This image is no longer relevant

Overview:
USD/CHF is trading in a higher range. The rate is underpinned by broadly stronger demand for safe-haven USD as risk appetite wanes. But USD/CHF gains tempered by caution ahead of tomorrow's U.S. non-farm payrolls data.

Preference:
Buy above 0.9295 with 0.9345 and 0.9375 as next targets.

Resistance Levels:
R1 - 0.9345
R2 - 0.9374 (Tuesday's high)
R3 - 0.9381-0.9386 (Monday's high-Friday's high)  

Alternative scenario:
Sell below 0.9295 .The downside breakout of 0.9295 will open the way to 0.9285 and 0.927.

Support Levels:
S1 - 0.9285
S2 - 0.9273 (Wednesday's low)
S3 - 0.9255 (Oct. 23 low)

Technical Comment:
The pair is rebounding. Daily chart is mixed as MACD is bullish, but stochastics is in bearish mode.  

 

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback