简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: low move down
2023-07-27
832
Fundamental analysis:
USD/CHF remained volatile around 0.86072. Swiss investor confidence fell further in July as market sentiment indicated that the economy would decline further. The outlook for Switzerland's main trading partners, namely the United States and the euro zone, is also darker, leading to lower export expectations in the coming months.
US dollar Swiss franc USDCHF - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: The short-term momentum maintains a low level of shocks and moves downward, the short-term decline has not stopped, the market is shrouded in bearish sentiment, the MACD indicator is weakly hovering below the 0 axis, and the RSI indicator is weakly finishing below the 50 balance line;
Resistance levels: 0.86483 0.86719
Support levels: 0.85864 0.85658
Trading strategy: bearish below 0.86192, target 0.85864 0.85658
Alternative strategy: Bullish above 0.86192, target 0.86483 0.86719
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
