简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: Falling low
2022-12-02
1222
Fundamental analysis:
USD/CHF remained volatile around 0.93647, Switzerland’s annual inflation remained stable in November, and monthly data showed no change in price pressures. Core inflation is forecast at 1.9 percent, up from 1.8 percent in October, so that will keep the SNB on track for tightening at its policy meeting later this month.
US dollar Swiss franc USDCHF - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the short-term momentum has fallen sharply at a low level, and the short-term decline may continue. The market as a whole is in a bearish mood. The MACD indicator is hovering weakly below the 0 axis, and the RSI indicator is in a narrow range in the short-term area;
Long-short turning point: 0.93756
Suppression: 0.93928, 0.94122
Support: 0.93490, 0.93296
Trading strategy: bearish below 0.93756, target 0.93490, 0.93296
Alternative strategy: Bullish above 0.93756, target 0.93928, 0.94122
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
