USD/CHF Price Analysis: Bears attack four-month-old support near 0.9600
28.07.2022, 01:18

USD/CHF Price Analysis: Bears attack four-month-old support near 0.9600

  • USD/CHF remains pressured near three-week low as sellers poke the key support line.
  • Bearish MACD signals, successful trading below 100-DMA favor sellers.
  • Convergence of the 21-DMA, 50-DMA adds to the upside filters.

USD/CHF sellers jostle with a crucial support line from March while printing a 0.9590 figure during Thursday’s Asian session. In doing so, the Swiss currency (CHF) pair keeps the post-Fed losses around the lowest levels since July 04.

With this, the USD/CHF pair also holds the previous day’s downside break of the 100-DMA amid bearish MACD signals, which in turn keeps sellers hopeful of conquering the key support around 0.8590-85.

Following the clear downside break of 0.8585, the pair bears can aim for the lows marked in May and June, respectively around 0.9545 and 0.9495.

Alternatively, recovery moves need validation from the 100-DMA level of 0.9615 to lure intraday buyers of the USD/CHF pair.

Even so, the 21-DMA and the 50-DMA could challenge the bulls around 0.9690-95. Also acting as an upside filter is the 0.9700 threshold.

In a case where the USD/CHF prices stay firmer past 0.9700, the monthly high of 0.9885 will be in focus.

Overall, USD/CHF is ready to extend the Fed-led losses but waits for the US Q2 Gross Domestic Product (GDP) Annualized, expected 0.4% versus -1.6% prior.

USD/CHF: Daily 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