Market Analysis

Fundamental

Technical

Futures

Central Banks

Forex Brokers

Trading Tools

More Tools

 

USD/CHF – Market strategy is bullish, buying from the 1.0200 level

23-07-2008 - Finotec  |   Forex Technical Analysis
Rate this article:
Currently 0.00/5
Rating: 0.0/5 (0 votes cast)
Previous Analysis | Next Analysis 
 
Text Size
Print
Email
Add a Comment
Add to Favorites

USD/CHF-market strategy can be a buy from the level 1.0200
Technical oscillators supporting the bullish trend for the currency pair
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines after a bullish crossover above the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction. Also, MA oscillators indicate a bullish cross on the short MA line. As seen on the chart there are two bottoms leading upwards to a buying trend. Although slightly over bought today.
Content Provided by:
Finotec
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no...
 
Become a member and get 6 free Forex courses by OTA!

 
  • Charts
Forex pairs
 
  • Promotions
 
 

 
  • Webmaster Tools
Economic Calendar
Interest Rates
RSS
Live Currency Cross Rates
Exchange Rates Table
 
 
  • Survey

Are you using a signal service?

Yes
No
Once in a while
What are signals?

 
ForexPros.com Newsletter
 

 
  • Sponsored Links
 
 

Special Offers: