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 – September 18
The USDCHF pair maintained its upside tone through the early North American session, with bulls making a fresh attempt to build on the momentum further beyond the 0.9100 marks. The greenback struggled to capitalize on the post-FOMC short-covering move and came under some fresh selling following the prior day’s weaker US economic data.
Key Levels
Resistance Levels: 0.9902, 0.9467, 0.9200
Support Levels: 0.9050, 0.8845, 0.8639
USDCHF Long term Trend: Bearish
As seen on the daily, the risk-off mood might undermine the Swiss franc’s safe-haven demand and keep a lid on any strong gains for the USDCHF pair, warranting some caution for bullish traders. Hence, it will be prudent to wait for some strong follow-through buying, possibly beyond the overnight swing high, around the 0.9140 regions.
The sustained trading below 100% projection of 1.0342 to 0.9242 from 1.0231 at 0.9081 levels will pave the way to 138.2% projection at 0.8639 levels. On the upside, a break of 0.9370 level resistance is needed to be the first sign of medium to long term bottom.
USDCHF Short term Trend: Ranging
USDCHF is extending the consolidation pattern from 0.8998 low level and intraday bias remains neutral at this point. On the downside, a break of 0.8998 low level will resume a larger downtrend.
Nevertheless, a break of 0.9200 level will resume the rebound towards 38.2% retracement of 0.9902 to 0.8998 at 0.9321 levels. On the contrary, a downside break of the immediate support line near 0.9075 level may take rest near 0.9050 levels before challenging the month-start bottom around the 0.9000 round-figures.
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
- 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
