empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

13.01.202507:16 Forex Analysis & Reviews: Technical Analysis of Weekly Price Movement of USD/CHF Main Currency Pairs, Monday January 13, 2025.

Relevance up to 00:00 UTC--5
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 13.01.2025 analysis

If we look at the weekly chart of the USD/CHF currency pair, a Bearish BAT Harmonic pattern appears. This is also confirmed by the deviation between the USD/CHF price movement and the RSI indicator (14) which forms the RSI-BAMM (Bat Action Magnet Movement) condition where since USD/CHF managed to break through above the 0.8683 level, it has confirmed the Harmonic pattern so that in the next few weeks as long as there is no significant weakening correction, especially until it breaks through and closes below point A (0.8332), USD/CHF will strengthen to the 0.9939 level.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off