USD/CHF Technical Analysis & Daily Chart

Technical Analysis
10 oct 2017
USD/CHF Technical Analysis & Daily Chart

At the moment the pair has moved away from its four-month high and we are watching the beginning of a descending movement.

Against the backdrop of many political grounds, we can argue that at the moment we do not expect further growth of the dollar in this currency pair. This is also confirmed by technical indicators, which also indicate a downward movement.

In addition, the price is trying to gain a foothold under the resistance level at 38.2 Fibo 0.9775. After the body of the price candles is fixed, it is expected that the price will be tested at this level once again and a further downward movement will occur.

This is why our advice is to look for points to enter short positions in the area of ​​support levels and set the Take Profit near the resistance levels.

Support and resistance levels:

0.9800

0.9775

0.9720

0.9680

0.9650

SuperForex
AUD/JPY Technical Outlook & Daily Chart

Technical Analysis

AUD/JPY Technical Outlook & Daily Chart

After breaking the channel, the pair is looking forward to the next support level.

SuperForex
09 oct 2017
Catalonia: Spanish or Independent?

Technical Analysis

Catalonia: Spanish or Independent?

Last week's referendum has brought new tensions to Europe.

SuperForex
06 oct 2017
NZD/JPY: Short Review & Forecast

Technical Analysis

NZD/JPY: Short Review & Forecast

The NZD has had more negative factors compared to the JPY and is decreasing in price this week. However, the rates continue in an upward trend.

SuperForex
06 oct 2017