empty
 
 
09.05.2017 03:06 AM
Technical analysis of USD/CHF for May 09, 2017
This image is no longer relevant

Overview:

  • The USD/CHF pair continues to move upwards from the level of 0.9949. Today, the first support level is currently seen at 0.9949, the price is moving in a bullish channel now. In addition, the price has set above the major support at the level of 0.9949, which coincides with the 38.2% Fibonacci retracement level. This support has been rejected three times confirming domination of an uptrend. According to the previous events, we expect the USD/CHF pair to trade between 0.9949 and 1.0033. So, the support is seen at the level of 0.9949, while daily resistance is found at 1.0033. Therefore, the market is likely to show signs of a bullish trend around the spot of 0.9949. In other words, buy orders are recommended above the spot of 0.9949 with the first target at the level of 1.0033; and continue towards 1.0093. However, if the USD/CHF pair fails to break through the resistance level of 1.0033 today, the market will decline further to 0.9949 to retest it again.
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 $9000 more!
    In May we raffle $9000 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