Forex Brokers

 

USD/CHF - Dollar Swiss Franc

By:   Arnaud Jeulin
  • 2009-05-01
0
votes
 

Short term (Intraday)

1,0786. USD CHF is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should find a resistance below 1,0850 (64 pips). The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0840 - 1,0910

Supports
1,0725 - 1,0615

Forex Chart Forex Chart Forex Chart Forex Chart


Share:
 Wikio
Next Analysis:
Content Provided by:
Arnaud Jeulin - http://www.mataf.net/

Disclaimer:

Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

 
 Related Products

Broad Market Analysis

Price: $ 49.95

Overview Adaptation is the name of the game in long term trading success. Join Fernando Gonzalez ...

 

Controlling the Trade

Price: $ 49.95

Overview This course is more than simple rules, this class explores and shows you how to ...



  • Comments

Add a Comment
Title:
Your Opinion:
Become a member and get 6 free Forex courses by Online Trading Academy!

  • Chart

  • Survey

Have you ever attended an investing related conference?

Yes I'm a conference junkie
From time to time
Only once
Not yet but I'm going to
Never

ForexPros.com Newsletter

  • Sponsored Links

  • Trade from Charts, See Stop / Limit
    Lines, 40 Indicators, $1200 Bonus!

  • Open an Islamic Account with AvaFX.
    Halal Trading, Pay No Interest.

  • No Commissions. Free $100K Demo
    Account, $1200 Bonus. Start Now!
 
 

Special Offers: