USD/CHF, 30 min
Pivot: 0.9208
Analysis:
Provided that the currency pair is traded above 0.9180, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.9208
- Take Profit 1: 0.9230
- Take Profit 2: 0.9245
Alternative scenario:
In case of breakdown of the level 0.9180, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.9180
- Take Profit 1: 0.9160
- Take Profit 2: 0.9140
Comment:
RSI shows the possibility of ascending momentum.
Key levels:
Resistance --- Support
0.9260 --------- 0.9180
0.9245 --------- 0.9160
0.9230 --------- 0.9140
USD/CHF, D1
Pivot: 0.9206
Analysis:
While the price is below 0.9210, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.9206
- Take Profit 1: 0.9110
- Take Profit 2: 0.9020
Alternative scenario:
If the level 0.9210 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.9210
- Take Profit 1: 0.9480
- Take Profit 2: 0.9600
Comment:
RSI shows the development of a downtrend in the medium-term.
Key levels:
Resistance --- Support
0.9600 --------- 0.9110
0.9480 --------- 0.9020
0.9365 --------- 0.8925
Recent articles
ECB head Lagarde: so far we see no signs that inflationary pressures are becoming widespread.
GBP/JPY is declining from 2-week highs, approaching 151.50.