Medical Book
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Medical Book

Buy Textbooks | Autoclaves | stethoscopes | Buy Books Online | Buy Medical Textbooks | Textbooks | Equipment | Nutrition | USMLE | MRCP | MRCS | Dental | Sport Medicine | Cardiology | Medical Textbook | Surgery | Pregnancy | Anatomy | Radiation | Pedia |
 
HomeLatest imagesPublicationsRegisterLog in

Medical Book :: Forex :: Forex NewsShare
 

 Technical analysis of USD/CHF for August 21, 2014

View previous topic View next topic Go down 
AuthorMessage
painofhell

painofhell

Male Posts : 669
Birthday : 1990-05-18
Join date : 2014-08-16
Age : 34
Job/hobbies : forex

Technical analysis of USD/CHF for August 21, 2014 Empty
PostSubject: Technical analysis of USD/CHF for August 21, 2014   Technical analysis of USD/CHF for August 21, 2014 Icon_minitimeThu Aug 21, 2014 1:44 pm
Overview: 
USD/CHF is expected to consolidate with a bullish bias after hitting a seven-month high at 0.9138 on Wednesday. It is underpinned by the positive dollar sentiment and dovish Swiss National Bank's monetary policy. But USD/CHF gains are tempered by the franc demand on buoyant CHF/JPY cross. The daily chart is positive-biased as stochastics is in a bullish mode, MACD is turning bullish, five and 15-day moving averages are advancing. 


Trading recommendations: 
The pair is trading above its pivot point. It is likely to trade in a higher range as far as it remains above its pivot point. As long as the price is keeping above its pivot point, a long position is recommended with the first target at 0.9130 and the second target at 0.9145. In an alternative scenario, if the price moves below its pivot points, short positions are recommended with the first target at 0.9070. A break of this target would push the pair further downwards and one may expect the second target at 0.9050. The pivot point is at 0.91. 
Technical analysis of USD/CHF for August 21, 2014 USDCHFM30

Share
Back to top Go down
 

Technical analysis of USD/CHF for August 21, 2014

View previous topic View next topic Back to top 
Page 1 of 1

 Similar topics

-
» Technical analysis of USD/CAD for August 25, 2014
» Technical analysis of EUR/JPY for August 25, 2014
» Technical analysis of EUR/JPY for August 26, 2014
» Technical analysis of USD/CAD for August 26, 2014
» Technical analysis of USD/CAD for August 27, 2014

Permissions in this forum:You cannot reply to topics in this forum
Medical Book :: Forex :: Forex News-
Create a forum on Forumotion | ©phpBB | Free forum support | Report an abuse | Cookies | Forumotion.com