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.
USDCHF Price Analysis – March 10
The USDCHF is recovering from a low level of 0.9181 as it is bidding towards 0.9370 level, up 0.83% ahead of the US session on Tuesday. The pair got tips from a signal from global politicians to further stimulate the economy, as well as China’s mitigating barriers for travelers from Wuhan.
Key Levels
Resistance Levels: 1.0231, 0.9845, 0.9600
Support Levels: 0.9181, 0.9000, 0.8839
USDCHF Long term Trend: Bearish
Long-term lows near the 0.9440 level may limit the recent rebound of the pair, otherwise, it may lead to an expansion of recovery to the September 2018 lows near the level of 0.9533.
However, any flaw beneath 0.9242 level may recall bears targetting the level at 0.9000 psychological magnets. A persistent gap there may prove that the USDCHF is in a long-term downtrend that would target the 138.2% forecast at 0.8839 at the next level.
USDCHF Short term Trend: Bearish
The US dollar has declined 6.27% versus the Swiss franc since February 20. The currency pair tested the weekly support level at 0.9242 during the previous trading session.
Other things being normal, the USDCHF exchange rate is likely to make a slight upward movement during the trading sessions this week. The potential target for the pair will be in the area of 0.9600 level.
Instrument: USDCHF
Order: Buy
Entry price: 0.9181
Stop: 0.9000
Target: 0.9600
Note: Learn2Trade.com 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
- Broker
- Min Deposit
- Score
- 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
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
