Ixabiso le-USDCHF linokunyusa iinkunzi ezibonelelweyo zikhusela i-$ 0.93 iNqanaba leNkxaso

UAzeez Mustapha

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Bulls may dominate USDCHF market

Uhlalutyo lwexabiso le-USDCHF -09 Disemba

In case the buyers defend the support level of $0.93 and exert more pressure in the USDCHF market, the Price will increase toward the resistance levels of $0.94, $0.95, and $0.96.  When the support level of $0.93 is penetrated downside, bearish momentum may increase, USDCHF price may sink to $0.92, and $0.91 support levels.

Imarike ye-USDCHF

Amanqanaba aphambili:

Amanqanaba okumelana: $ 0.94, $ 0.95, $ 0.96

Amanqanaba enkxaso: $ 0.93, $ 0.92, $ 0.91

I-USDCHF yexesha elide: I-Bearish

USDCHF is bearish on the long-term outlook. There was no significant movement in the U.S. Dollar/Swiss France market last week. On December 05, the price pulled back to retest the resistance level of $0.94. Today, sellers dominate the market and the price is trying to break down the support level of $0.93. Further price reduction is envisaged in case of sellers exert more pressure.

USDCHF is trading below the two EMAs and the 9-periods EMA is below the 21-period EMA. The Relative Strength Index period 14 is at 34 levels bending down to indicate a bearish market direction. In case the buyers defend the support level of $0.93 and exert more pressure in the USDCHF market, the Price will increase toward the resistance levels of $0.94, $0.95, and $0.96.  When the support level of $0.93 is penetrated downside, bearish momentum may increase, USDCHF price may sink to $0.92, and $0.91 support levels.

USDCHF Ixesha eliphakathi Trend: Bearish

USDCHF is bearish in the medium-term outlook. The price has been trading within the $0.94 and $0.93 levels for more than three weeks. Last week, the price was dangling within the just mentioned levels. Today, sellers are trying to exert more pressure to break down the support level of $0.93.

I-EMA ye-9 yexesha sele ingaphantsi kwe-EMA ye-21. I-USDCHF irhweba ngaphantsi kwee-EMA ezimbini njengophawu lwentshukumo ye-bearish. Ixesha le-Relative Strength Index 14 likumanqanaba angama-36 kunye nomgca wesignali obonisa i-bearish direction.

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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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