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 may retest $0.88 Level
USDCHF Price Analysis – 16 March
USDCHF can cross the $0.89 resistance level and get close to the $0.91 barrier levels if the buying momentum can continue over the $0.88 resistance level. Sellers may be able to push the price past $0.86 and into the $0.85 and $0.84 regions if they apply sufficient pressure.
USDCHF Market
Key Levels:
Resistance levels: $0.88, $0.89, $0.91
Support levels: $0.86, $0.85, $0.84
USDCHF Long-term trend: Bullish
USDCHF daily chart is rising. A downward trend on the USDCHF market benefited sellers, though not by nearly as much as $0.84. Since October 24, sellers have been in charge of the USDCHF market. On December 28, the currency pair’s price fell as low as the $0.82 support level. A bullish engulfing candle pattern first appeared near the $0.83 support level, indicating the start of an uptrend. $0.86 was spent in total. It pulled back after testing the $0.88 resistance level. It is currently showing a retracement sign by heading swiftly toward the $0.86 level.
The stronger inclination for purchasing is indicated by the fact that the present USD/CHF exchange rate is higher than the Hull Suite. The forex signals QQE MOD, which is rising over the zero line, indicates rising prices. Price can cross the $0.89 resistance level and get close to the $0.91 barrier levels if the buying momentum can continue over the $0.88 resistance level. Sellers may be able to push the price past $0.86 and into the $0.85 and $0.84 regions if they apply sufficient pressure.
USDCHF Medium-term Trend: Bullish
USDCHF is showing bullish patterns in the medium-term timeframe. The currency pair started to rise on December 29 when a double bottom chart pattern emerged near the $0.83 support level. The price increased on January 2 and then leveled off at $0.86. It has no trouble increasing above $0.86. The price is currently retracing towards the $0.86 support level, which is a sign of a bearish trend.
A bullish market is indicated by the currency pair’s trading above the Hull Suite signal. If the QQE MOD is more than zero, buying is advised.
You can purchase Lucky Block here. Buy LBLOCK
- 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
