Thread: Usd/Chf
He stressed the dollar against the franc penetrate the descending channel's resistance to achieving a daily closing above it, which opens the way for the continuation of the bullish tendency in the coming period and stop the negative pressure that dominated the recent dealings, waiting for targeting levels start at 0.9700 mainly.
Last edited by Gamabunta; 2015-05-27 at 06:56 PM.
Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: Daily
Reason: Market still be heading to the range of 0.9473-0.9452 for correction. After that will certainly back up.
Recommendation: Buy limit at 0.9452
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Hamzagoroo (2019-05-15)
USD/CHF. The bias is bullish in the nearest term potentially testing 0.9560 area. A clear break above that area should trigger further bullish momentum targeting 0.9600 area. On the down side, immediate support is seen around 0.9440 area, a consistent break below that area would bring the bias back into neutral, furthermore testing 0.9390 area.
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Hamzagoroo (2019-05-15)
It achieved the dollar against the franc pair breakthrough prototype of the pivotal resistance 0.9480 and stabilizing above it now, than it does the positive scenario targeting 0.9700 zones in the near term, with attention to the daily closing above 0.9480 is required to confirm the continuation of the bullish trend.
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We expect to see a bearish tendency during the coming sessions, and targets start with the breach of 0.9275 to open the way towards 0.9000 key psychological barrier as the first stop, indicating that the breach of 0.9530 will pay the price to visit the 0.9480 level before attempting to return to decline again.
Hamzagoroo (2019-05-15)
pair- usd/chf
time frame analysis- m15
the macd indicator is showing up price trend with the parabolic sar but its rejecting down side from the resistance at 0.9510 level. if this is break the support at 0.9460 then short with profit target at 0.9400 and stop loss at the 0.9550
good luck.
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Hamzagoroo (2019-05-15)
Trading the pair US dollar against the Swiss franc on the line of the bearish trend after the pair closure above candle four hours, and is something which opens the way for further climb up on the pair by the rising trend of the new formed on and we expect better levels to buy with the approach of the pair bullish trend for the patch is to stop the loss to close down trend and broken candle 4 hours.
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The US dollar resumed its rise against the Swiss franc, which rose to its highest level in a month. Daily closing above 0.9466 to 90 area reveals the way for the 61.8% level at 0.9560. Instead, the move from 0.9357 to 73 area without paving the way to test the 23.6% correction at 0.9258 level
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USD/CHF. The bias is bullish in the nearest term potentially testing 0.9490 area. A clear break above that area
should trigger further bullish momentum targeting 0.9560 area. On the down side, immediate support is seen
around 0.9410 area, a consistent break below that area would bring the bias back into neutral, furthermore
testing 0.9360 area.
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.
Hamzagoroo (2019-05-15)
We recall that penetrate the resistance mentioned above will pay the price to get out of the descending channel and the achievement of the objectives of a rising start at 0.9700 mainly, while breaking the support price will return to the downward path again, which targets start to test the psychological barrier at 0.9000.
Expected trading range for today between 0.9345 support and 0.9600 resistance range
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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