| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
Since the past two weeks, the US Dollar has declined by 138 pips or 1.50% against the Swiss Franc. The currency pair breached the 50– and 200– period simple moving averages last week.
Technical indicators suggest selling signals on the 4H time-frame chart. Most likely, sellers could drive the USD/CHF exchange rate lower during the following trading sessions.
However, the weekly support level at 0.9108 could provide support for the currency exchange rate in the shorter term.