USD/CHF The trading forex pair.
trading Date - Tue Jan 29 2019
the recommendation forex signal - Buy.
the Supports
0.9873 - 0.9889 - 0.9902
the Resistance
0.9931 - 0.9947 - 0.9961
reading news are very important before the trade.
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USD/CHF The trading forex pair.
trading Date - Tue Jan 29 2019
the recommendation forex signal - Buy.
the Supports
0.9873 - 0.9889 - 0.9902
the Resistance
0.9931 - 0.9947 - 0.9961
reading news are very important before the trade.
USDCHF is Bullish
Signal:-Buy
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:0.9927
2> Resistance level is:0.993
3> Resistance level is:0.9937
Supporting level is
1> Supporting level is:0.992
2> Supporting level is:0.9916
3> Supporting level is:0.991
USDCHF Today Analysis
PIVOT POINT 0.9917
Support 1 0.9903
Support 2 0.9889
Support 3 0.9875
Resistance 1 0.9931
Resistance 2 0.9945
Resistance 3 0.9958
USDCHF remains weak and vulnerable on price sell off the past week. On the downside, support lies at the 0.9950 level. A turn below there will set the stage for more decline towards the 0.9900 level. And then the 0.9850 level. Its weekly RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 1.0050 level where a breach will clear the way for more strength to develop towards the 1.0100 level. Above here, resistance comes in at the 1.0150 level followed by the 1.0200 level. All in all, USDCHF faces further price weakness on price correction.
Todays currency is usd/chf and its price in forex is 0.9936
By observing all the ruiteen of market now i can say that this pair is in selling trend and profitable
points will be s under
sell 0.9938
tp 0.9800
sl 0.9980
Good luck
Resistance level and Support level
current price usd / Chf; 0.9936
Resistance level 1; 0.9942
Resistance level 2; 0.9946
Resistance level 3; 0.9950
Support level 1; 0.9932
Support level 2; 0.9927
Support level 3; 0.9923
USDCHF is approaching our first resistance at 0.9925 (Horizontal swing high resistance, 100% fibonacci extension , 23.6% Fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9905 (Horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Prices has completed it's first upwards impulse move, I'll be waiting for a retracement to the 0.5 - 0.618 fibonnaci tracement zone for a entry signal on the smaller time frame before taking a long.
Target is based on most recent high and length of the first impulse move . Stops below the 0.5 retacement.
Enter between 0.9885 - 0.9855
Stop loss 0.9830
TP 1 0.9974 (Most recent high)
TP 2 1.0110
Today's market technical analysis for usd/chf
price 0.9935
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 0.9960
2-Resistance level = 0.9999
3-Resistance level = 1.0066
1-Support level = 0.9910
2-Support level = 0.9870
3-Support level = 0.9833
Today usd/chf rate is 0.99380
In my observation the profitable next selling ponit will be 0.99280
and by my mind the profitable next buy point will be 0.99480
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck