USD/CHF fails to reach resistance zone

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


Since the last review of the USD/CHF chart, the pair has made two attempts to reach the resistance zone of the September and November high levels at 0.9335/0.9375. Meanwhile, after each failed attempt the rate retraces to the support zone at 0.9090/0.9105. In addition, it has been observed that the rate has been ignoring the 50 and 200-hour simple moving averages.

On February 2, the currency exchange rate was located near the 0.9200 mark, as it retreated after another failed attempt at reaching the high level zone of September and November.

In the case of a continuation of the decline, the US Dollar could reach the 0.9090/0.9105 zone against the Swiss Franc. Below the zone, the most close by support was the August low level at 0.9020.

Meanwhile, a potential surge of the pair could find resistance in January high levels at 0.9275, 0.9295 and 0.9344, before reaching the September and November high level zone at 0.9090/0.9105.
Back to articles

Actual Topics

Thu, 03 Feb 2022 10:24:19 GMT

Alphabet stock hits new high

At the start of Wednesday's US trading, the price for Alphabet hit a new all-time high level at $3,030.00. The stock jumped at the start of trading due to better than forecast quarterly earnings report. The company has grown its year-on-year revenue by 40.00%. Due to that reason, a review of the technical chart is being conducted. In general, after

Wed, 02 Feb 2022 09:19:19 GMT

Light Crude continues to surge

The price for Light Crude oil has passed the 2021 high level zone. The commodity price continues to book new high levels, as it approaches the $90.00 mark. In addition, it was spotted that since late December the price has been surging in a narrow channel up pattern. A continuation of the surge is expected to find resistance in round

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.