USDCHF . Bear . Daily MA, SR, RSI/STO, Mac
D.
USDCHF current price .99273
Resistance approaching 1.00238 (+.00965) and the 13MA .99806 (+.00533)
October Historical Support approaching at .98625 (-.00648).
RSI/STO hovering around oversold and selling conditions since New Years.
MacD suggests short.
MA’s show downtrend with approaching 200 MA at approaching support.
Fibonaci: measuring from December 15 recent highs to Tuesdays recent lows these are the following levels.
Overall - Tomorrow
In my day overalls meant a pair of denim pants you wore when you were a hobo riding the rails. Now a day my overall opinion on USDCHF is inspired by info shared from Trade With Precision's Market Tracker, free during their 10th Anniversary Celebrations. They had this chart on their watchlist for a downtrend continuation based on some basic technical analysis. Overall I agree. London, look for pullback. New York, bears march on.
Disclaimer & Donations. I am an idiot, know nothing, and sharing what I'm learning. Trading involves risk. You are responsible for your own actions. That said, if you find this info helpful in any way, the suggested donation is one bitcoin.
D.
USDCHF current price .99273
Resistance approaching 1.00238 (+.00965) and the 13MA .99806 (+.00533)
October Historical Support approaching at .98625 (-.00648).
RSI/STO hovering around oversold and selling conditions since New Years.
MacD suggests short.
MA’s show downtrend with approaching 200 MA at approaching support.
Fibonaci: measuring from December 15 recent highs to Tuesdays recent lows these are the following levels.
- .23 level is near upcoming resistance at .99743.
.38 level is next next resistance at 1.00447
.5 level . resistance 1.01015
.68 level . resistance 1.01583
Overall - Tomorrow
In my day overalls meant a pair of denim pants you wore when you were a hobo riding the rails. Now a day my overall opinion on USDCHF is inspired by info shared from Trade With Precision's Market Tracker, free during their 10th Anniversary Celebrations. They had this chart on their watchlist for a downtrend continuation based on some basic technical analysis. Overall I agree. London, look for pullback. New York, bears march on.
Disclaimer & Donations. I am an idiot, know nothing, and sharing what I'm learning. Trading involves risk. You are responsible for your own actions. That said, if you find this info helpful in any way, the suggested donation is one bitcoin.