novvoll12

USDCHF 0.9753-neutral- Consolidates within a rising channel

FX_IDC:USDCHF   U.S. Dollar/Swiss Franc
USDCHF’s 2-month rise within a rising channel reached 0.9903 (August 11, 2015 high) near the 0.9683 resistance area ( April             13, 2015 lower high) and around 76.4% of the 1.0129/0.9073 fall (as shown on the daily chart ). Subsequent sharp fall breaks below a series of daily lows including 0.9761 (August 5, 2015 low), helping alleviate the overbought condition and offering scope for the 0.9719/0.9668 support zone near the channel lower bounds which could hold the dips. However, a sustained break below the channel support would caution for near-term topping and risk a return towards 0.9526 and the 200 day moving average currently at 0.9540.

Outlook:
Short term: neutral
Long term: neutral
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out