| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
[ANNOUNCE]The US Dollar has declined by 3.66% against the Swiss Franc since the beginning of April. The currency pair breached the 50– and 200– period simple moving averages during this period.[/ANNOUNCE]
All things being equal, the exchange rate is likely to continue to edge lower in a narrow descending channel pattern during the following trading sessions. The potential target for the USD/CHF pair will be near the 0.9000 level.
However, a support level at 0.9125 could provide support for the currency exchange rate in the shorter term.