Pair Menu
Select Pair
arr_blue
Global Interest Rates
Australia 5.25%
Canada 2.25%
EMU 3.25%
Japan 0.3%
Swiss 1%
England 3%
US 1%
Forex News
Subscribe Now
Advertisements

Technicals

USD/CHF - Dollar Swiss Franc, European Session - 05/09/08

05 Sep, 2008 @ 03:16 am EST
  • Comments comments
  • 0
  • Votes ?

1,1155. USD CHF is in an uptrend supported by 4H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue on 1,1300 resistance.
=> We could take a long position at 1,1150. We will put the stop loss below 1,1080 (-70 pips). The targets are 1,1250 (+100 pips) 1,1300 (+150 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,1160 - 1,1200
Supports
1,1090 - 1,1020

Click the button to vote for this article
Loading status ...
Comments
Currencies
arr_blue
12/01/2008
Last
Change
%change
Time
advertisement

Visit BBC News for up-to-the-minute news

[url=http://gerix.vip-sexi-girl.ru/index10.html]порно фото девственниц бесплатно[/url] [url=http://gerix.vip-sexi-girl.ru/ryzhenkie-anal.html]Трахн... Hiveaviejoick

Speculative Trades

What percentange of VOLUME on forex comes from speculative trades(in other words from us) for profit? Anne12

Free Forex Trading Seminar

Join us for a free Forex trading seminar on 12-03-08 at 18:30 PST We reveal our trading strategies that we use in our live trading room daily and ma... Wizard

Advertisement
Build Business Credit for your company with NO PERSONAL GUARANTEES!

Building your business and corporate credit for your small business.

New york web design

new york web designers specializing in custom web design, joomla web design. Get a free quote today.

Get up to $500k HSBC Term Life Ins. at HSBCusa.com

Apply online today. No medical exam. No agent visit. Get instant coverage if you qualify.

 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives