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I would be expecting the USD to drop against the CHF, there are two main geopolitical reasons of uncertainty in my mind right now:
China Expresses Serious Concern About U.S. Charges On Huawei
The growing problem in Venezuela and the possibility of the US getting involved themselves.
And other topics that in my mind make the usdchf a good short.
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Instead of continuing 5 more pips...The pain in a** when this BS pair stops going up at no resistance(0.9987) and you miss a good sell order!
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Did a short from 1.012, slowly coming in. Not convinced on a long term short just yet..
Out of interest, why is this pair not as popular as UJ and EU etc? Too slow?
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BUY on RED (MAJOR) / GRAY (MINOR) : possible BOTTOM
SELL on GREEN (MAJOR) / BLUE (MINOR) : possible TOP
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UsdChf technical analysis by using : Auto pivot indicator.
resistent level 1 - 1.0095
resistent level 2 - 1.0058
resistent level 3 - 1.0024
pivot point - 0.9987
support level 1 - 0.9953
support level 2 - 0.9916
support level 3 - 0.9882
Parabolic SAR indicator there a dot below the candles that indicates a upward direction in addition to that we can see a BUY signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal
on the chart of the this pair there is a main up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bullish direction then I will go for “BUY” positions.
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Today usd/chf live pirce is 0.99665
Today b observing the all previous routine of chart i think that the most suitable selling point will be 0.99565
and today the most suitable buy point will be 0.99750
if you will obey me views then you will get more dollars. so i think that you should obey my views and earn more money don't forget to thanks me
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The market trend of pair is Bullish and is in buy position.
Trade Recommendation is Strong BUY
Current rate is 0.9983
1st Resistance: 0.9997
2nd Resistance: 1.0009
3rd Resistance: 1.0023
1st Support: 0.9976
2nd Support: 0.9967
3rd Support: 0.9951
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Today analysis for the pair of :Usd/Chf
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 0.9989
2# Resistance is: 1.0001
3# Resistance is: 1.0020
Supporting level of this pair is :
1# Supporting is: 0.9951
2# Supporting is: 0.9939
3# Supporting is: 0.9920