UsdChf technical analysis by using : Auto pivot indicator.
resistent level 1 - 1.0128
resistent level 2 - 1.0091
resistent level 3 - 1.0057
pivot point - 1.0020
support level 1 - 0.9986
support level 2 - 0.9949
support level 3 - 0.9915
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.
market trend is going bearish
market price = 0.9997
the market could break the first resistance at =1.0011
the market could break the second resistance level at =1.0023
the market could break the third resistance level at =1.0033
the market could break the first support levels at =0.9984
the market could break the second support level at =0.9972
the market could break the third support level at =0.9961
bullish trend seems to be taking place on the usdchf pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 0.9999 and strong support at level 0.9979 in hourly time frame. there is possible chance price will move to up side. then next high price is 1.0049
I suggest to entry BUY with stoploss at 0.9964 and take profit at 1.0049
I hope you can earn consistent profit from my signal, good luck