简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: Low level narrow amplitude oscillation
2022-09-16
1105
Fundamental analysis:
The US dollar/Swiss franc remained volatile at around 0.96072. The Federal Reserve needs to make a violent impact on the economic system, so it is very likely to increase interest rates by a larger margin. The new epidemic and Russia's invasion of Ukraine have both boosted prices and led to a cost of living crisis.
USD/CHF USDCHF - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the low bulls' momentum has been rising in a short period of time, maintaining a narrow range of consolidation and translation, and the market bulls' sentiment has begun to emerge, but there is a slight lack of follow-up momentum. The MACD indicator is in the short area, maintaining consolidation and upward movement, and the RSI indicator is in a weak position near the 50 equilibrium line;
Empty turning point: 0.95918
Pressing position: 0.96388, 0.96689
Support position: 0.95660, 0.95418
Trading strategy: bullish above 0.95918, target 0.96388, 0.96689
Alternative strategy: bearish at 0.95918, target 0.95660, 0.95418
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
