Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

InstaForex Bonuses

InstaForex Bonuses
Exchange Rates 21.12.2016 analysis

Overview:

  • The USD/CHF pair is still placed above strong support at the level of 1.0266. This support has been rejected several times confirming strong bullish momentum. The current price is seen at 0.6616, which represents a key level, because the level of 0.6616 will act as the first resistance today 1.0290. For this reason, major support is seen at the level of 1.0266 because the trend is still showing strength above it.
  • Accordingly, the pair is still in the uptrend from the area of 1.0266 and 1.0345. The USD/CHF pair is trading in a bullish trend from the last support line of 1.0266 toward the first resistance level at 1.0300 in order to test it. This is confirmed by the RSI indicator signaling that we are still in the bullish market. The pair is likely to begin an ascending movement to the point of 1.0300 and further to the levels of 1.0345. The level of 1.0345 will act as second resistance so as to test the double top. Also, it should be noted that we still prefer the bullish scenario.
  • On the other hand, stop loss should always be taken into account, accordingly, it will be of beneficial to set the stop loss below the last bottom at 1.0215.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Mourad El Keddani,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.