
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
There's no any reversal pattern so far, which means the market is likely going to continue declining. The main intraday target is the next support at 1.1500. A pullback from this level could be a departure point for an upward correction.
The 21 Moving Average is acting as resistance. Previously, we had a bearish 'Engulfing', which led to the current decline. In this case, the pair is likely going to test the nearest support at 1.1500 within the next few hours.
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
The market is likely going to reach the next resistance area at 1.3374 - 1.3385. If a pullback from these levels happens little later on...
There's a bearish 'Three Methods' pattern, which has been confirmed by the price fixating below the 'Window' and Moving Averages...
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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