USDCHF Price Analysis: Bears poke 50-day EMA, five-week-old support line below 0.9900
07.11.2022, 22:51

USDCHF Price Analysis: Bears poke 50-day EMA, five-week-old support line below 0.9900

  • USDCHF bears struggle to extend two-day downtrend near a one-week low.
  • MACD signals further downside but RSI, key supports challenge bears.
  • Buyers need validation from 21-DMA to retake control.

USDCHF bears take a breather around a one-week low as the quote seesaws near 0.9885 during Tuesday’s Asian session. In doing so, the Swiss Franc (CHF) pair struggles with the 50-day EMA and an upward-sloping support line from September 30.

It’s worth noting that the MACD signals are in favor of the bears targeting a clear downside break of the 0.9880-70 immediate support zone. However, the steady RSI (14) suggests further grinding of the USDCHF prices.

As a result, another support line from August 11, close to 0.9830 at the latest, gains major attention.

Should the quote drops below 0.9830, the odds of witnessing a slump toward the late September swing low near 0.9740 can’t be ruled out. That said, the 0.9800 threshold could act as a buffer during the fall.

Alternatively, recovery moves need to cross the 21-day EMA level surrounding 0.9950 to convince the USDCHF pair buyers.

Even so, the 1.0000 parity level could challenge the upside momentum.

Following that, multiple hurdles near 1.0070 might act as the last defense of the USDCHF bears, a break of which will highlight the yearly peak of 1.0147 for the bulls.

USDCHF: Daily chart

Trend: Recovery expected

 

© 2000-2025. 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