Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇗ | ⇒ |
The EUR/CHF currency pair has been trading within an ascending channel since the end of July.
From a theoretical perspective, it is likely that some upside potential could prevail in the market, and the exchange rate could continue to trade within the given channel in the medium term.
In the meantime, it is likely that the currency pair could face the resistance formed by the 55– and 100-hour SMAs in the 1.0770 area. In this case the pair could target the psychological level at 1.0510.