| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
[ANNOUNCE]The US Dollar has declined by 0.89% against the Swiss Franc since January 18. The currency pair tested the lower line of an ascending channel pattern at 0..8840 during last week's trading sessions.[/ANNOUNCE]
Given that the exchange rate has bounced off the lower boundary of the ascending channel, bullish traders are likely to pressure the USD/CHF pair higher during this week's trading sessions.
However, the 50– period simple moving average at 0.8882 could provide resistance for the currency exchange rate this week.