简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: Weakness hovers
2022-11-16
1053
Fundamental analysis:
The USD/CHF remained volatile around 0.94436. The Swiss Central Bank President Jordan again issued a warning of interest rate increase, saying that the central bank may need to take action again, because the inflation rate will remain high. Given the inflation level and the fact that Swiss interest rates are still low, the possibility that the Swiss Central Bank will raise interest rates in December cannot be ruled out.
USD/CHF USDCHF - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the market bearish power hovers in a low position, and the short-term or tangled low position is narrow. The market bearish downward power is weakened. The MACD indicator moves slowly up in the short position area, and the RSI indicator fluctuates in the short position area;
Empty turning point: 0.94,258
Pressing: 0.94961, 0.95386
Support: 0.93774, 0.93291
Trading strategy: bullish above 0.94258, target 0.94961, 0.95386
Alternative strategy: bearish at 0.94,258, target 0.93,774, 0.93,291
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
