简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: bearish shock downward
2022-08-05
1194
Fundamental analysis:
The USD / CHF remained volatile around 0.95442. The European Management Committee predicted that inflation would remain at an unwelcome high level for some time due to the continuous pressure on energy and food prices and the pressure transmitted by the pricing chain.
USD CHF USDCHF - 4-hour K-line chart shows:
Technical analysis:
Looking at the 4-hour chart: the short-term long shock moved up and was blocked, and the short momentum waited for the opportunity to go down. The market as a whole was still weak. The MACD index was in the long region and maintained the shock downward, and the RSI index was in the weak position below the 50 equilibrium line;
Long short turning point: 0.95502
Pressing position: 0.95755, 0.95984
Support position: 0.95237, 0.94990
Trading strategy: bearish below 0.95502, target 0.95237, 0.94990
Alternative strategy: bullish above 0.95502, target 0.95755, 0.95984
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
