USD/CHF, H4

On the 4-hour chart, the instrument was corrected to the upper border of the Bollinger bands, which is a strong resistance level. The indicator is directed upwards, and the price range is expanding, indicating the continuation of the uptrend. The MACD histogram is in the positive zone, holding a strong buy signal. Stochastic turned down at the border of the oversold area.

USD/CHF, D1

On the daily chart, the pair was corrected to the upper border of the Bollinger bands. The indicator is directed upwards, and the price range remains wide, which is the basis for further strengthening of the pair. The MACD histogram is in the positive zone – the indicator keeps a buy signal. Stochastic entered the overbought area, a sell signal can be formed within 1-2 days.

Key levels

Support levels: 1.0077, 1.0054, 1.0009, 0.9970, 0.9937, 0.9859, 0.9785.

Resistance Levels: 1.0119, 1.0154, 1.0176.

On the 4-hour chart, the instrument was corrected to the upper border of the Bollinger bands, which is a strong resistance level. The indicator is directed upwards, and the price range is expanding, indicating the continuation of the uptrend. The MACD histogram is in the positive zone, holding a strong buy signal. Stochastic turned down at the border of the oversold area.

US Dollar vs Swiss Franc

BuySellSpread
0.998710.99727144

Scenario

TimeframeDay's Range
RecommendationsBUY STOP
Entry Point1.0125
Take Profit1.0175
Stop Loss0.9995
Support levels0.9785, 0.9859, 0.9937, 0.9970, 1.0009, 1.0054, 1.0077, 1.0119, 1.0154, 1.0176

Alternative scenario

RecommendationsSELL STOP
Entry Point0.9965
Take Profit0.9910
Stop Loss0.9990
Support levels0.9785, 0.9859, 0.9937, 0.9970, 1.0009, 1.0054, 1.0077, 1.0119, 1.0154, 1.0176
USD/CHF: technical analysis

The material published on this page is produced by the Claws&Horns Company and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.

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