Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Sell USD/CHF on rallies

  • USD/CHF taken support near 200 –day MA and jumped till 0.99945 yesterday. The pair  should break above 1.0024 (55- day EMA) for further bullishness.
     
  • The minor resistance is around 1.000 and any break above target 1.00240. Any break above 1.0024 will take the pair till 1.00489 (61.8% retracement of 1.0107 and 0.99409)/1.0120/1.0170.
     
  • Short term bearish invalidation only above 1.01700.
     
  • The near term support is around 0.9940 (200- MA) and any break below will drag the pair down till   0.9925 (61.8% retracement of 1.0107 and 0.98135)/0.9860.

    It is good to sell on rallies around 0.9985 with SL around 1.00240 for the TP of 0.9925/0.9860.
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

August 20 23:00 UTC Released

JPReuters Tankan DI

Actual

27 %

Forecast

Previous

26 %

August 20 21:00 UTC Released

KRPPI Growth MM*

Actual

0.1 %

Forecast

Previous

-0.4 %

August 21 08:30 UTC 126126m

ID7-Day Reverse Repo*

Actual

Forecast

Previous

6.278 %

August 21 08:30 UTC 126126m

IDDeposit Facility Rate*

Actual

Forecast

Previous

18.283 %

August 21 12:30 UTC 366366m

IDLending Facility Rate*

Actual

Forecast

Previous

0.9 %

August 21 12:30 UTC 366366m

DEZEW Economic Sentiment*

Actual

Forecast

Previous

0.13 %

August 21 12:30 UTC 366366m

USNational Activity Index*

Actual

Forecast

Previous

0.13 %

August 21 12:30 UTC 366366m

CAWholesale Trade MM

Actual

Forecast

-0.4 %

Previous

0.9 %

August 21 14:30 UTC 486486m

TRReuters Tankan DI

Actual

Forecast

Previous

811.8 Bln TRY

August 21 14:30 UTC 486486m

DEZEW Current Conditions*

Actual

Forecast

Previous

811.8 Bln TRY

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.