Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇒ | ⇗ |
The US Dollar has declined by 1.13% against the Swiss Franc since last week's trading sessions. The currency pair breached the 50– period simple moving average at 0.9280 on October 4.
Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards the 0.9150 area could be expected during the following trading sessions.
However, the 200– hour SMA at 0.9208 could provide support for the USD/CHF currency exchange rate in the shorter term.