USD/CHF 4H Chart: Remains near 1.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Neutral Neutral Sell
Alligator (13; 8; 5) Buy Buy Buy
SAR (0.02; 0.2) Buy Buy Buy
Aggregate

The US Dollar has increased its trading range against the Swiss Franc after the currency pair reversed from the lower boundary of a long-term ascending channel at 0.9550.

The exchange rate breached a swing high of 0.9992 during Wednesday's session. Currently, the pair is trading near a psychological resistance level of 1.00 during the morning hours of today's session.

Given that the currency exchange rate has breached the swing high of 0.9992, the next target for the price will be at the weekly R2 near the 1.0060 area during the following trading sessions.

However, the psychological resistance level as mentioned earlier could hinder the USD/CHF pair from reaching the said target.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.