USDCHF Price May Increase to $0.91 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.


Buyers’ pressure doulbe USDCHF market

USDCHF Price Analysis – 28 June

If the buying momentum can sustain over the $0.90 resistance level, USDCHF can rise above $0.91 and approach the $0.92 barrier levels. If sellers exert enough pressure, they can drive the price past $0.89 and into the $0.88 and $0.867zones.

USDCHF Market

Key Levels:

Resistance levels: $0.90, $0.91, $0.92

Support levels: $0.89, $0.88, $0.87

USDCHF Long-term trend: Bullish

The USDCHF daily chart is trending upward. Although not by nearly as much as $0.91, purchasers were assisted by a bull market in the USDCHF. The USDCHF market has been dominated by sellers since May 1. The day before, the price of the currency pair got close to the $0.92 resistance level. There was a bearish engulfing candle pattern near the previously suggested level. Instantly, the price dropped to $0.88, signifying a significant decrease.  Two tests of the support level previously suggested signaled the beginning of the bullish trend.

USDCHF Price May Increase to $0.91 Level

The USD/CHF exchange rate, which is currently higher than the Hull Suite, indicates a positivr reversal impulse. Price increases are indicated by the forex signal QQE MOD, which is skewed above the zero line. If the buying momentum can sustain over the $0.90 resistance level, the price can rise above $0.91 and approach the $0.92 barrier levels. If sellers exert enough pressure, they can drive the price past $0.89 and into the $0.88 and $0.867zones.

USDCHF Medium-term Trend: Bullish

It is clear that the USDCHF is increasing in the medium run. A few days ago, the currency pair began to rise when an inverted Head and Shoulder chart pattern appeared close to the $0.88 support level. Yesterday, there was another effort by price to break over the $0.89 resistance level, and it was able to maintain the trend. Right now, the price is rising and approaching the $0.90 mark.

USDCHF Price May Increase to $0.91 Level

The currency pair’s trading above the Hull Suite signal indicates a bullish market. Purchasing is recommended if the QQE MOD is greater than zero.

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 *