Technical analysis

14 January 2020

20:38 USD/CHF continues to decline, remaining below the MA (200).

During the European session, USD/CHF is trading with a decline, almost reaching the minimum on January 8 (Chf0. 9665), after it failed to break the level of the moving average MA (200) H1 (Chf0.9715). Yesterday, the pair also traded down from Chf0. 9735 to Chf0.9695. Note that on the four-hour chart, USD/CHF is significantly lower than MA (200) H4 (Chf0. 9820).


Resistance levels are at: Chf0.9715-35, Chf0.9760, Chf0.9800

Support levels are at: Chf0.9645-65, Chf0.9620, Chf0.9575

USD/CHF continues to decline, remaining below the MA (200).  14.01.2020

The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

July 2020
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
REGISTER FOR TRAINING