Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Sell | Sell | Buy |
RSI (14) | Buy | Neutral | Neutral |
Stochastic (5; 3) | Neutral | Sell | Sell |
Alligator (13; 8; 5) | Sell | Sell | Buy |
SAR (0.02; 0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇓ | ⇒ |
The recent fall of the US Dollar has caused the USD/CHF currency exchange rate to break two patterns.
Meanwhile, it has to be noted that there is only one thing clear about the fall of the US Dollar. It was consistent in timing with the Donald Trumps signing of the new US Tax Bill. Most likely this decline is due to the anticipated large movements in currencies, as the various US companies are set to repatriate money from abroad. That means that there will be much more US Dollars in active circulation.
Although, in regards to the USD/CHF ignore the smaller patterns, as large changes are occurring.