简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: Oscillating when encountering resistance
2023-03-17
874
Fundamental analysis:
USD/CHF remained volatile around 0.92928. Credit Suisse plans to borrow up to US$54 billion from the central bank in an attempt to resolve the crisis of confidence. The crisis of Credit Suisse has shifted the focus of investors and regulators from the United States to Europe.
US dollar Swiss franc USDCHF - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the bullish momentum continues to fluctuate and rise, short-term highs encounter resistance and shock, the market bearish momentum has signs of waiting for an opportunity to enter the market, the MACD indicator is hovering above the 0 axis, and the RSI indicator is on the side of the 50 balance line.
Resistance levels: 0.93294 0.93545
Support levels: 0.92736 0.92514
Trading strategy: bearish below 0.93062, target 0.92736 0.92514
Alternative strategy: Bullish above 0.93062, target 0.93294 0.93545
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
