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

25.05.202306:58 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of USD/CHF Main Currency Pairs, Thursday May 25, 2023.

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 25.05.2023 analysis

With the appearance of hidden deviation between price movement of USD/CHF main Currency pairs with osMA indicator as wel as followed by the appearance of 123 Bullish pattern followed by the breakout from Bullish Ross Hook and also confirmed by its price movement above MA 50 on the 4 hour chart, then USD/CHF in the near future has the potential to appreciate upwards where in the near future will try to break above the nearest Ross Hook at the level 0f 0,9066. If this level is successfully broken above then as long as there is no correction below, which exceeds the 0.9000 level, then USD/CHF has the potential to test the midline of the Bullish Pitchfork channel and the 0.9119 level.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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