简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: ladder down
2023-01-17
1082
Fundamental analysis:
USD/CHF remained volatile around 0.92607, and the U.S. dollar index rebounded after falling to a new low of 101.767 since early June last year, returning to above the 102 mark. But the Swiss franc continues to be supported by expectations of a slowdown in the pace of Fed rate hikes, which may not be as high as predicted.
US dollar Swiss franc USDCHF - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: The short-term momentum is moving downward in a stepwise shock, and after being supported in the short term, it oscillates, but the downward trend remains, and the downward trend has not been changed. The MACD indicator is hovering below the 0 axis, and the RSI indicator is finishing near the 50 balance line;
Long-short turning point: 0.92709
Suppression: 0.92880, 0.93054
Support: 0.92417, 0.92246
Trading strategy: bearish below 0.92709, target 0.92417, 0.92246
Alternative strategy: Bullish above 0.92709, target 0.92880, 0.93054
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
