Technical oscillators supporting the bullish trend for the USD/CHF currency pair
USD/CHF – Market strategy is bearish, selling till the 1.0404 levelTammy Wall
09 May 2008
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USD/CHF-market strategy can be a sell till the level 1.0404
Technical oscillators supporting the bearish trend for the currency pair
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines after a bullish crossover above the zero line are heading downwards to a selling trend. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bearish direction. As seen on the chart there are two tops leading downwards to a selling trend.
Finotec Analysis Team
09 May 2008
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Read the latest USD/CHF Analysis Reports:
Technical oscillators support the bearish trend for the currency pairUSD/CHF – Market strategy can be a sell at the level 1.0584
Technical oscillators supporting the bullish trend for the USD/CHF currency...USD/CHF – Market strategy is bullish, buying till the 1.04381 level
Technical oscillators support the bearish trend for the currency pairUSD/CHF – Market strategy can be a sell at the level 1.0547
Real Time Forex Quotes
| Contract | Bid | Ask | Time | Change |
|---|---|---|---|---|
| USD/CHF | 1.0549 | 1.0554 | 11:25:34 | -0.00% |