According to Brown, the Fed should become a leader in national digital currencies (CBDC). The Senator said that if the U.S. misses this opportunity, it may be left "out of history" and lose its leading role in the financial system.
USD/CHF, 30 min
Pivot: 0.9300
Analysis:
Provided that the currency pair is traded above 0.9270, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.9300
- Take Profit 1: 0.9320
- Take Profit 2: 0.9340
Alternative scenario:
In case of breakdown of the level 0.9270, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.9270
- Take Profit 1: 0.9255
- Take Profit 2: 0.9230
Comment:
RSI shows the possibility of ascending momentum.
Key levels:
Resistance Support
0.9360 0.9270
0.9340 0.9255
0.9320 0.9230
USD/CHF, D1
Pivot: 0.9298
Analysis:
While the price is above 0.9075, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.9298
- Take Profit 1: 0.9470
- Take Profit 2: 0.9600
Alternative scenario:
If the level 0.9075 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.9075
- Take Profit 1: 0.8930
- Take Profit 2: 0.8830
Comment:
RSI shows the development of an uptrend in the medium-term.
Key levels:
Resistance Support
0.9760 0.9075
0.9600 0.8930
0.9470 0.8830
NZD/USD Forecast Fundamental Analysis | New Zealand Dollar / US Dollar
EUR/JPY | Euro to Japanese Yen Trading Analysis
Recent articles
EUR/JPY | Euro to Japanese Yen Trading Analysis
