Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
USD/CHF is trading in the red on the H4 chart and it could drop deeper if the US data will disappoint later today. The pair drops as the DXY has resumed its temporary decline. The US Dollar Index moves down within a down channel.
The US is to release its Flash Manufacturing PMI and the Flash Services PMI later. Better than expected data could bring us a new upside momentum on USD/CHF. You should be careful around these publications as the volatility will be high.
Some poor US data could really force the pair to go down towards new lows. Personally, I really hope that we’ll have a good opportunity later today.
USD/CHF H4 Chart Technical Analysis!
USD/CHF failed to stabilize above the 50% retracement level signaling some selling pressure. The descending pitchfork’s median line (ml) is seen as a dynamic support. Dropping and stabilizing below it could signal a deeper drop.
I’ve drawn a Fibonacci retracement on the last swing higher. A valid breakdown below 23.6% could activate a further decline. The downside scenario could be invalidated by a bullish fly above the 50% retracement level.
USD/CHF current retreat is natural after the last upwards movement. Dropping and closing under 0.9165 could signal a broader decline.
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Min Deposit
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- The Lowest Trading Costs
- 50% Welcome Bonus
- Award-winning 24 Hour Support
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus