USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline upwards
A bullish movement up to the next resistance at 0.80006 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.79673 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘RSI Bullish Divergence’ indicator signal is found. The indicator is ‘RSI Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘MACD Bullish Divergence’ indicator signal is found. The indicator is ‘MACD Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80392 |
| 2nd High | 0.80357 |
| Next High | 0.80006 |
| Current Price | 0.79764 |
| Next Low | 0.79673 |
| 2nd Low | 0.79556 |
| 3rd Low | 0.79512 |
0.80006 – 0.80357 – 0.80392 – 0.79783 – 0.79794 – 0.80058 —
0.79853 – 0.79732 —
42.660513219153 – 35.208507985416 —
– —
0.80006 – 1768820400
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom retreat down – – – – – – – –