landing the pair of USD/CHF at 0.9479/80 range following the release of ISM in the U.S
the has stuck at the level 0.9500 during early U.S session but it fell domain 0.9479/80
and loses about 0.25-%
Thread: Usd/Chf
landing the pair of USD/CHF at 0.9479/80 range following the release of ISM in the U.S
the has stuck at the level 0.9500 during early U.S session but it fell domain 0.9479/80
and loses about 0.25-%
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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extreme support 0.9250 holding and now I am eyeing 0.9573 atleast coming this week and break above will confirm the bottom and then 0.9830 should be tested I would recommend wait for the support to broken aur wait for the confirmation of the 0.9573
Let see what come first patience will pay very soon
Regard
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IUB (2019-09-17), sakigbest (2019-09-17), zahraali989 (2019-09-17)
It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
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USDCHF Trend is sell
1 Resistance :0.9838
2 Resistance :0.9719
3 Resistance :0.9692
1 Supporting :0.9524
2 Supporting :0.9443
3 Supporting :0.9327
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buttar (2019-09-17), IUB (2019-09-17), zahraali989 (2019-09-17)
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
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Pivot Point 0.9912
1 Resistance 0.9941
2 Resistance 0.9959
3 Resistance 0.9988
1 Support 0.9883
2 Support 0.9865
3 Support 0.9858
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Pivot points0.9933
Resistance 1=0.9938
Resistance 2=0.9946
Resistance 3=0.9951
Support 1=0.9925
Support 2=0.9920
Support 3=`0.9912
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landing the pair of USD/CHF at 0.9479/80 range following the release of ISM in the U.S
the has stuck at the level 0.9500 during early U.S session but it fell domain 0.9479/80
and loses about 0.25-%
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
IUB (2019-09-17)
USDCHF Trend is sell
1 Resistance :0.9837
2 Resistance :0.9716
3 Resistance :0.9691
1 Supporting :0.9525
2 Supporting :0.9442
3 Supporting :0.9329
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
akmal03 (2019-09-17), IUB (2019-09-17), sakigbest (2019-09-17), zahraali989 (2019-09-17)
USD/CHF is Bearish
@ Resistance 0.9957
@ Resistance 0.9981
@ Resistance 1.1015
@ Supporting 0.9893
@ Supporting 0.9861
@ Supporting 0.9839
Eagle
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