empty
 
 
08.10.2015 01:03 PM
Technical analysis of USD/CHF for October 8, 2015
This image is no longer relevant

Overview:

  • The SD/CHF pair found strong support at the level of 0.9580, which represents weekly support 1. Equally important, the price is still moving between 0.9580 and 0.9763. Also, the USD/CHF pair has still been above 50% of Fibonacci retracement levels. As a result, the price has already faced strong support at this level of 0.9580 with the aim to test it. Therefore, the USD/CHF pair will get upward momentum rather convincing and the structure of the fall does not look corrective for indicating a bullish opportunity above the the weekly support 1 level (0.9580). It will be a wise to buy above this level with the first target at 0.9580 (this level is coinciding with the weekly pivot point this week) and it will call for an uptrend in order to continue bullish journey towards 0.9715 and 0.9763. Additionally, the price would form the double top at 0.9763. Moreover, the USD/CHF pair is expected to trade in a range about 75 pips this week. On the other hand, the stop loss should always be taken into account, thus it will of the sagacity to set your stop loss at the price of 0.7552.
Mourad El Keddani,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Mourad El Keddani
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback