empty
 
 
31.07.2014 07:50 AM
Technical analysis of USD/CHF for July 31, 2014

This image is no longer relevant

Technical outlook and chart setups:

1. The USD/CHF pair rose above the 0.9100 levels as seen here. Please note that the next potential fibonacci resistance is at 0.9120/30 levels and the pair could still test those before pulling back. No doubt, that the pair has picked up the trend but a reasonable dip would be required to enter longs; interest is around 0.9000/20 levels.

2. Support is seen at 0.9030, followed by 0.9000, and lower while resistance is seen at 0.9120/30 respectively.

3. The structure indicates that USD/CHF is a clear buy on dips trade setup for now.

Trading recommendations:

Remain flat for now, wait for a dip around 0.9000 levels to go long.

Good luck!

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 $1000 more!
    In June we raffle $1000 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
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 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