简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: Rally slightly weaker
2022-12-07
1085
Fundamental analysis:
The market is bracing for a recession next year. But solid economic data has fueled optimism that the widely feared recession will be short and mild. Economists are even betting that a recession is avoidable, just that growth will slow sharply.
USDCHF daily chart
Brief technical analysis:
Looking at the daily chart: the short-term exchange rate rebounded slightly, the MACD was running below the 0 axis and the volume was sufficient, and the RSI rebounded slightly. It is expected that the short-term exchange rate will likely decline further after the rebound.
Long-short turning point: 0.9600
Suppression bit: 0.9800 1.0000
Support levels: 0.9400 0.9200
Trading strategy: bearish below 0.9600, target 0.9400, 0.9200
Alternative strategy: bullish above 0.9600, target 0.9800, 1.0000
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
