FUND Buy 25.09.2020 08:51
USD/CHF: the pair corrects upward
The USD/CHF pair grows due to USD upward correction, trading around 0.9260.
TECH Sell 24.09.2020 07:45
USD/CHF: wave analysis
The pair may fall.
On the daily chart, the third wave of the higher level (3) develops, within which the wave 1 of (3) forms. Now, the fifth wave of the lower level v of 1 is developing, within which the wave (iii) of v has formed, and an upward correction is ending to develop as the wave (iv) of v. If the assumption is correct, the pair will fall to the levels of 0.8900–0.8800. In this scenario, critical stop loss level is 0.9304.
TECH Buy 23.09.2020 10:22
USD/CHF: technical analysis
In the 4 hours chart, the uptrend is still relevant. A downward correction is observed, the instrument is trading around the upper border of Bollinger bands, the indicator cloud is strongly expanded, and growth is likely to resume in the short term after the correction is completed. The MACD histogram is in the positive zone, rapidly increasing in volume, the signal line crosses the body of the histogram upwards, forming a signal to open long positions. Stochastic is in the overbought zone, the signal line of the oscillator is directed upwards, and a buy signal remains.
FUND Buy 22.09.2020 09:29
USD/CHF: USD is strengthening
USD is showing flat trading dynamics against CHF during today's Asian session, consolidating near the local highs, updated the day before.