FUND Buy 19.03.2024 12:28
USD/CHF: the results of the meetings of the US Fed and the SNB will affect the dynamics in the pair
This week, the USD/CHF pair resumed growth within the medium-term uptrend and today updated the annual maximum of 0.8898. Such a movement of quotations is due to the uncertainty of further actions by the US Federal Reserve and the Swiss National Bank (SNB), whose meetings will be held this week.
TECH Sell 18.03.2024 12:05
USD/CHF: the quotes rushed to a monthly high
The USD/CHF pair is trading at 0.8836, preparing to continue its growth against Swiss macroeconomic statistics published on Thursday.
TECH Buy 15.03.2024 11:03
USD/CHF: diagonal levels analysis
Against the stabilization of the American currency, the USD/CHF pair is corrected at 0.8848.
TECH Sell 13.03.2024 08:23
USD/CHF: wave analysis
A fall is possible.
On the daily chart, the downward third wave of the higher level 3 develops, within which the wave (1) of 3 formed, an upward correction ended as the wave (2) of 3, and the wave (3) of 3 develops. Now, the first wave of the lower level 1 of (3) has ended, a local correction has formed as the second wave 2 of (3), and the third wave 3 of (3) has started, within which the wave i of 3 is developing. If the assumption is correct, the USD/CHF pair will fall to the area of 0.8537–0.8323. In this scenario, critical stop loss level is 0.8894.
FUND Buy 11.03.2024 09:42
USD/CHF: the dollar is developing an upward correction after a rapid decline last week
During the Asian session, the USD/CHF pair is correcting after last week’s decline and is testing the level of 0.8775 for a breakout, waiting for new drivers for movement.
TECH Sell 08.03.2024 08:15
USD/CHF: candlestick analysis
On the four-hour chart, near the resistance level of 0.8884, the Long-Legged Doji and Evening Star reversal patterns have formed.