Technical analysis of USD/CHF for February 28, 2018
February 28, 2018 10:21 amVideo
Latest News
- Technical Analysis – GBPJPY continues to ascend May 10, 2024
- Technical Analysis – EURUSD retests 200-day SMA near downtrend line May 10, 2024
- Bitcoin finds support from a weaker dollar – Crypto News May 10, 2024
- Weekly Forex Outlook: 10/05/2024 – US inflation numbers to shake Fed rate cut bets May 10, 2024
- Forex forecast 05/10/2024: EUR/USD, GBP/USD, USD/JPY and Bitcoin from Sebastian Seliga May 10, 2024
- Week Ahead – US inflation numbers to shake Fed rate cut bets May 10, 2024
- GBP/USD: trading tips for beginners for European session on May 10 May 10, 2024
- EUR/USD: trading tips for beginners for European session on May 10 May 10, 2024
- Market Comment – Dollar slides, gold shines after soft US labor market data May 10, 2024
- Technical Analysis – AUDUSD remains undecided near crucial technical region May 10, 2024
- Technical Analysis – USDCAD slips beneath 20-day SMA May 10, 2024
- USD/JPY: trading tips for beginners for European session on May 10 May 10, 2024
- EUR/USD and GBP/USD: Technical analysis on May 10 May 10, 2024
- Forecast for EUR/USD on May 10, 2024 May 10, 2024
- Forecast for GBP/USD on May 10, 2024 May 10, 2024
- Forecast for AUD/USD on May 10, 2024 May 10, 2024
- Outlook for GBP/USD on May 10. The British pound failed. Or it simply refused May 10, 2024
- Outlook for EUR/USD on May 10. The euro went up for no reason May 10, 2024
- The US dollar stumbled again May 10, 2024
- The euro got away with it May 10, 2024
Overview:
According to the previous events, we expect the USD/CHF pair to trade between 0.9382 and 0.9471. So, the support is seen at 0.9382, while daily resistance is found at 0.9471. Therefore, the market is likely to show signs of a bullish trend around the spot of 0.9380. In other words, buy orders are recommended above the spot of 0.9380 with the first target at the level of 0.9471; and continue towards 0.9500. However, if the USD/CH pair fails to break through the resistance level of 0.9382 today, the market will decline further to 0.9297.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: