Technical analysis prediction for the 1st of august 2018

Instrument : Usd chf

Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R

speculative position : Long position

price prediction : 1.0150



weekly chart


Daily chart



usd chf mkt trend is strongly bullish bias, on the weekly chart view, strong bullish momentum suggest a likely continuation uptrend in the long term, Ema signal is uptrend, Rsi (60.95), Macd signal is uptrend while on the daily chart view, mkt trend remains bullish bias and rise above dynamic resistance level towards 1.0150 level could be likely in coming months, Ema signal is uptrend, Rsi ( 58.30), Macd signal is downtrend and prediction for the 1st of august 2018 is 1.0150
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