USD/CHF Price Analysis: Further downside appears more impulsive, 0.8860 in focus
16.06.2023, 05:54

USD/CHF Price Analysis: Further downside appears more impulsive, 0.8860 in focus

  • USD/CHF licks its wounds at the lowest levels in five weeks.
  • Clear break of bullish channel, 50-DMA favor Swiss Franc (CHF) pair sellers amid bearish MACD signals.
  • Two-month-old horizontal support may prod further downside as RSI (14) drops below 50.0.

USD/CHF bears take a breather at the monthly low, defensive near 0.8920 heading into Friday’s European session, after posting a stellar fall to convince sellers the previous day.

The Swiss Franc (CHF) pair dropped the most in a week while breaking the key technical supports to convince bears in refreshing the multi-day bottom. Also keeping the USD/CHF sellers hopeful are the bearish MACD signals.

It’s worth noting that the below 50.0 levels of the RSI (14) line suggests bottom picking and hence challenging the USD/CHF bears of late.

Even so, there prevails no barrier for the quote before it tests a two-month-old horizontal support zone near 0.8865-60.

Following that, the yearly low of around 0.8820 can act as an extra filter toward the south while the 61.8% Fibonacci Expansion (FE) of its March-May moves, near 0.8765, can lure the pair sellers afterward.

Meanwhile, the USD/CHF buyers may initially aim for the 50-DMA support-turned-resistance of around 0.8985, a break of which could direct the price to the 0.9000 round figure.

However, the bottom line of the six-week-old rising trend channel, around 0.9015, can act as the final check for the USD/CHF bulls before allowing them to return home.

USD/CHF: Daily chart

Trend: Further downside 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