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

What type of platform do you prefer?

Web based
Software Download
Mobile
Doesn't matter as long as it works

ForexPros.com Newsletter

  • Sponsored Links

  • Choose from thousands of proven systems. Check performance and build your portfolio. Sign up today and get a FREE practice account!

  • When you can learn from the mistakes of others?
    Proven Strategies Execute Your Positions

  • Free Charts, Quotes, Analysis.
    CC, PayPal, Wire are Accepted.
 
 

Special Offers: