USD/CHF: soon to complete a bearish sequence

USD/CHF: soon to complete a bearish sequence

USD/CHF has been following a bearish sequence during November and now it has been setting a correction that could gain momentum soon in order to resume the overall bias. A leg lower is expected to take place towards the 50% Fibonacci zone at 0.9726, at which we could expect a rebound in order to rally towards the -23.6% Fibo level at 1.0181. With that being said, we’re forecasting a short-term consolidation above the parity zone.

RSI indicator remains in the neutral territory, calling for sideways’ moves.



Latest news

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera