USD/CHF Price Analysis: Oversold RSI probes 100-SMA breakdown near fortnight low
19.05.2022, 05:45

USD/CHF Price Analysis: Oversold RSI probes 100-SMA breakdown near fortnight low

  • USD/CHF remains depressed around two-week low after breaking 100-SMA.
  • Oversold RSI conditions test bears but the downside bias remains intact.
  • Previous support line from April adds to the upside filters.

USD/CHF bears struggle to keep the reins around a two-week bottom, despite breaking the key technical supports of late. That said, the Swiss currency (CHF) pair drops 0.25% intraday as sellers attack 0.9860 level by the press time.

A clear downside break of the monthly support line, now resistance around 1.0000, joins the break of the 100-SMA level of 0.9865 to keep the USD/CHF bears hopeful.

However, the oversold RSI (14) line challenges the quote’s further declines, suggesting a corrective pullback towards 0.9920 immediate hurdle ahead of challenging the support-turned-resistance line near 1.0000.

In a case where USD/CHF remains firmer past 1.000, the monthly high of 1.0065 and the 1.0100 will lure the bulls.

On the contrary, a monthly low of around 0.9710 precedes the 200-SMA level of 0.9645 to restrict the short-term downside of the USD/CHF prices.

Should CHF bulls dominate past 0.9645, the odds of a gradual south-run towards the early April peak near 0.9375 can’t be ruled out.

USD/CHF: Four-hour chart

Trend: Further weakness expected

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik