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.
Sellers are dominating USDCHF market
USDCHF Price Analysis – 14 June
If the buying momentum can sustain over the $0.89 resistance level, the price can break through $0.90 and approach the $0.91 barrier levels. If sellers exert enough pressure, they can drive USDCHF past $0.88 and into the $0.87 and $0.86 zones.
USDCHF Market
Key Levels:
Resistance levels: $0.89, $0.90, $0.91
Support levels: $0.88, $0.87, $0.86
USDCHF Long-term trend: Bearish
The USDCHF daily chart is trending downward. 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 01 May. The price of the currency pair got close to the $0.92 resistance level on the same day mentioned. A bearish engulfing candle pattern developed close to the previously advised level, and the price quickly dropped to $0.88, signifying a significant drop. Two tests of the previously mentioned resistance level marked the beginning of bearish momentum.
USD/CHF currency rate, which is currently lower than it was during the Hull Suite, indicates a negative reversal impulse. Price decreases are indicated by the forex signal QQE MOD, which is tilted below the zero line. If the buying momentum can sustain over the $0.89 resistance level, the price can break through $0.90 and approach the $0.91 barrier levels. If sellers exert enough pressure, they can drive the price past $0.88 and into the $0.87 and $0.86 zones.
USDCHF Medium-term Trend: Bearish
It is clear that the USDCHF is declining in the medium run. A few weeks ago, the currency pair began to weaken as a double-top chart pattern appeared close to the $0.91 resistance level. On June 24, price dropped again to test the $0.88 support level, but it was unable to maintain the trend. It pulled back to the $0.88 mark. Right now, the price is dipping again and approaching the $0.88 mark.
The currency pair’s trading below the Hull Suite signal indicates a bearish market. sales are suggested if the QQE MOD is lower 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
