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Forex Market Daily Technical Analysis of USD/CHF

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8625 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8625 with first target at 0.8580 and second target at 0.8560 in extension as take profits.
forex-technical-analisys-pivot-points-chart-USDCHF-2024-08-20-4a8b6.gif

Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of USD/CHF Sybmol in 30M Time Frame Chart is: 0.8625 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

Technical analysis of USD/CHF: Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 0.8675
  • Resistance Level 2: 0.8655
  • Resistance Level 1: 0.8625

Technical analysis of USD/CHF: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 0.8580
  • Support Level 2: 0.8560
  • Support Level 3: 0.8510

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 0.8625 with first target at 0.8580 and second target at 0.8560 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 0.8625 with first target at 0.8655 and second target at 0.8675 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of USD/CHF

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