简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: Move up rapidly
2022-11-03
1112
Fundamental analysis:
The US dollar remained volatile against the Swiss franc at 1.00294. The Federal Reserve announced its latest interest rate resolution for November. The Federal Reserve raised interest rates by 75 basis points as scheduled to 3.75-4.00%, in line with expectations. The US inflation rate is expected to drop to 3.5% - 4% next year, which will give the Federal Reserve an excuse to suspend interest rate hikes.
USD/CHF USDCHF - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that after the huge earthquake that maintained a wide range in the short term, the market quickly rose and moved upward, and the market bulls began to emerge. The MACD index was collated on the upper side of the 0 axis, and the RSI index was hovering on the lower side of the 50 balanced online side;
Empty turning point: 1.00212
Pressing: 1.00503, 1.00725
Support: 0.99973, 0.99779
Trading strategy: bullish above 1.00212, target 1.00503, 1.00725
Alternative strategy: bearish at 1.00,212, target 0.99,973, 0.99,779
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
