USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.8001 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.79679 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K cross above 0.2’ indicator signal is discovered. The indicator shows ‘%K cross above 0.2’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80821 |
| 2nd High | 0.80646 |
| Next High | 0.8001 |
| Current Price | 0.79896 |
| Next Low | 0.79679 |
| 2nd Low | 0.79606 |
| 3rd Low | 0.79512 |
0.79847 – 0.79799 – 0.79592 – 0.79679 – 0.79606 – 0.79512 —
0.79987 – 0.79874 —
66.768923522543 – 49.752567099714 —
– —
0.79847 – 1767870000
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –