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Australia	3%
Canada	0.25%
EMU	1%
Japan	0.1%
Swiss	0.25%
England	0.5%
US	0.25%

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Technical Analysis Reports

Forex Center > News > Technical Analysis Reports

USD/CHF - Dollar Swiss Franc, European Session - 17/11/08

16 Nov, 2008 @ 10:24 pm ET

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1,1969. USD CHF is in an uptrend supported by 1H exponential moving averages. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should consolidate. The price should find a resistance below 1,2000 (31 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances: 1,2000 - 1,2050
Supports: 1,1940 - 1,1825