The combination US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.80405 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.80012 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
Besides a ‘StochRSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.80405 |
| Current Price | 0.80346 |
| Next Low | 0.80012 |
| 2nd Low | 0.79832 |
| 3rd Low | 0.79673 |
0.80405 – 0.80274 – 0.80172 – 0.80012 – 0.79832 – 0.79673 —
0.80390 – 0.80309 —
70.760104657821 – 55.891274605308 —
– —
0.80405 – 1768496400
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –