empty
08.08.2017 01:01 PM
Technical analysis of USD/CHF for August 08, 2017

This image is no longer relevant

USD/CHF is expected to trade with a bullish outlook. The pair posted a rebound and broke above both 20-period and 50-period moving averages. The relative strength index has landed on its neutrality level at 50 and is turning up. The downside potential should be limited by the key support at 0.9700.

Therefore, as long as this key level holds on the downside, look for a further upside to 0.9745 and even to 0.9765 in extension.

Chart Explanation: The black line shows the pivot point. The present price above the pivot point indicates the bullish position and below the pivot points indicates the short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.

Strategy: BUY, Stop Loss: 0.9700, Take Profit: 0.9745

Resistance levels: 0.9745, 0.9765, and 0.9780

Support levels: 0.9670, 0.9630, and 0.9600

选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
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

推荐文章

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

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.