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.
Bulls’ pressure may increase in USDCHF market
USDCHF Price Analysis – 23 February
If the purchasing momentum can sustain over the $0.88 resistance level, USDCHF can surpass the $0.89 resistance level and approach the $0.91 barrier levels. If sellers exert enough pressure, they might be able to move the price past $0.86 and into the $0.85 and $0.84 ranges.
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
The daily chart of USDCHF is climbing. Sellers profited from a negative trend on the USDCHF market, but not by nearly as much as $0.84. Sellers have been in control of the USDCHF market since October 24. The price of the currency pair dropped as low as the $0.82 support level on December 28. Near the $0.83 support level, a bullish engulfing candle pattern first emerged, signaling the beginning of an upswing. A total of $0.86 was spent. It is currently moving quite quickly in the direction of the $0.88 mark.
The fact that the current USDCHF exchange rate is higher than the Hull Suite recommendation indicates a stronger buying tendency. Rising prices are indicated by the forex signal QQE MOD, which is rising over the zero line. If the purchasing momentum can sustain over the $0.88 resistance level, price can surpass the $0.89 resistance level and approach the $0.91 barrier levels. If sellers exert enough pressure, they might be able to move the price past $0.86 and into the $0.85 and $0.84 ranges. Join best forex signals telegram.
USDCHF Medium-term Trend: Bullish
The medium-term patterns indicate that USDCHF is leaning. On December 29, the currency pair began to rally as a double-bottom chart pattern appeared close to the $0.83 support level. On January 2, the price went up before stabilizing at $0.86. It has no issue at all rising beyond $0.86. Right now, the price is rising, indicating a bullish trend.
The currency pair’s trading above the Hull Suite signal indicates a bullish market. It is recommended to purchase if the QQE MOD is higher than zero.
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