USDCHF Price Breaks Up $0.91 Level Targeting $0.92 Resistance Level

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


USDCHF Price may reach $0.92 level

USDCHF Price Analysis – 12 April

USDCHF may overcome the $0.93 resistance level and get closer to the $0.94 barrier levels if the buying momentum can remain above the $0.92 resistance level. Sellers may be able to push the price past $0.91 and into the $0.90 and $0.89 areas if they apply sufficient pressure.

USDCHF Market

Key Levels:

Resistance levels: $0.92, $0.93, $0.94

Support levels: $0.91, $0.90, $0.89

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 January 3, buyers have been in charge of the USDCHF market. On January 23, the currency pair’s price approached the $0.89 resistance level. A bullish engulfing candle pattern appeared near the level previously described, and the price increased to $0.90, indicating a considerable surge. It pulled back after testing the $0.90 resistance level. Right now, it’s moving quickly above $0.91 in the direction of $0.92, suggesting a strong buy signal.

USDCHF Price Breaks Up $0.91 Level Targeting $0.92 Resistance Level

The current exchange rate between USD and CHF is higher than it was for the Hull Suite, suggesting a greater inclination of purchase. The forex signals QQE MOD, which is rising over the zero line, indicates rising prices. The price may overcome the $0.93 resistance level and get closer to the $0.94 barrier level if the buying momentum can remain above the $0.92 resistance level. Sellers may be able to push the price past $0.91 and into the $0.90 and $0.89 areas if they apply sufficient pressure.

USDCHF Medium-term Trend: Bullish

Bullishness on the medium term is evident in USDCHF. 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. On the plus side, it appears that the price is now retreating and moving up toward the $0.92 resistance level.

USDCHF Price Breaks Up $0.91 Level Targeting $0.92 Resistance Level

A bullish market is indicated by the currency pair’s trading above the Hull Suite signal. If the QQE MOD is higher than zero, purchasing is advised.

You can purchase Lucky Block here. Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *