USD/CHF’s bull trend remains intact as the spot holds above the 0.9700 figure. The level to beat for bulls is the 0.9800 resistance. USD/CHF daily chart USD/CHF is trading below the 100 and 200 SMA on the daily chart as the market is consolidating the last leg up. USD/CHF daily chart - Click to enlarge USD/CHF four-hour chart USD/CHF is trading above the 50/200 SMAs on the four-hour chart leaving the bull trend intact as bulls will be looking for a break above the 0.9800 handle en route towards the 0.9900 figure while support is expected to emerge near the 0.9700 and 0.9600 levels on the way down. USD/CHF four-hour chart - Click to enlarge You Might Also Like USD/CHF Price Analysis: US dollar
Topics:
Flavio Tosti considers the following as important: 1) SNB and CHF, 1.) FXStreet on SNB&CHF, Featured, newsletter
This could be interesting, too:
Swissinfo writes Swiss central bank rejects ‘creative’ demands to change course
Cash writes Martin Schlegel wird neuer SNB-Vizepräsident
Swiss National Bank writes SNB Governing Board: Federal Council appoints Martin Schlegel as Vice Chairman of the Governing Board
Von Claude Chatelain writes Aktien – Wie «Amateure» sich an der Börse selber helfen können
- USD/CHF’s bull trend remains intact as the spot holds above the 0.9700 figure.
- The level to beat for bulls is the 0.9800 resistance.
USD/CHF daily chartUSD/CHF is trading below the 100 and 200 SMA on the daily chart as the market is consolidating the last leg up. |
USD/CHF daily chart |
USD/CHF four-hour chartUSD/CHF is trading above the 50/200 SMAs on the four-hour chart leaving the bull trend intact as bulls will be looking for a break above the 0.9800 handle en route towards the 0.9900 figure while support is expected to emerge near the 0.9700 and 0.9600 levels on the way down. |
USD/CHF four-hour chart |
Tags: Featured,newsletter