简体中文
ภาษาไทย
繁體中文
Indonesia
USDCHF: Shock and rise
2022-12-19
1144
Fundamental analysis:
USD/CHF remained volatile around 0.93298. Swiss National Bank President Jordan said that the Swiss National Bank’s purchase of Swiss francs for monetary policy purposes, holding more than $800 billion in foreign exchange will have a strong impact on maintaining the strength of the franc in 2023. The SNB can also play a key role in shaping expectations for the direction of the Swiss franc.
US dollar Swiss franc USDCHF - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: The low-level bullish momentum maintains shocks and rises, short-term bullish sentiment emerges, the market’s bullish momentum continues to move upwards, the MACD indicator is in the short area to maintain shocks and pulls up, and the RSI indicator is hovering above the 50 balance line;
Long-short turning point: 0.93207
Suppression: 0.93527, 0.93762
Support: 0.92997, 0.92769
Trading strategy: Bullish above 0.93207, target 0.93527, 0.93762
Alternative strategy: bearish below 0.93207, target 0.92997, 0.92769
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
