USD/CHF: Wave analysis

FX:USDCHF   U.S. Dollar / Swiss Franc
38 0 4
USD/CHF: Wave analysis : Downtrend continues.

Estimated pivot point is at the level of 1.0033.

Our opinion: Sell the pair from correction below the level of 1.0033 with the target of 0.9650 – 0.9470.

Alternative scenario: Breakout and consolidation of the price above the level of 1.0033 will allow the pair to continue the rise up to the level of 1.05.

Analysis: Presumably, the formation of the downward momentum continues in the third wave iii             of C. At the moment it is possible that upward correction has completed as he second wave of the junior level (ii) of iii             . If this assumption is correct, the pair can go down to 0.95within the third wave ( iii             ). Critical level for this scenario is 1.0033.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out