简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: bearish shock downward
2022-10-05
1128
Fundamental analysis:
The US dollar remained volatile against the Swiss franc at around 0.98031. Credit Suisse's share price fell by 11.5%, and its bonds also hit a new record low. After that, some of the losses were recovered. People worried about whether the financial institution would be able to restructure its business without more capital injection.
USD/CHF USDCHF - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the momentum of high short positions has remained volatile and downward, and the short-term decline has not stopped. Short positions have emerged in the market. The MACD index is in a long area and remains volatile and moves downward to hover near the 0 axis, while the RSI index is in a narrow range under the 50 equilibrium line;
Empty turning point: 0.98031
Pressing position: 0.98384, 0.98714
Support position: 0.97525, 0.97225
Trading strategy: bearish at 0.98031, target 0.97525, 0.97225
Alternative strategy: bullish above 0.98031, target 0.98384, 0.98714
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
