Home » Quick Forex » Technical analysis of USD/CHF for April 14, 2017 888011000 110888 Overview: The USD/CHF set continues to move down from the level of 1.0057. This morning, the pair dropped from the level of 1.0057(this level of 1.0057 corresponds of the 50%Fibonacci retracement) to set around the rate of 1.0040. Today, the very first resistance level is seen at 1.0057 followed by 1.0086, while day-to-day assistance 1 is seen at 1.0008. According to the previous events, the USD/CHF set is still moving in between the levels of 1.0057 and 0.9960; for that we anticipate a variety of 97 pips. If the USD/CHF pair cannot break through the resistance level of 1.0057, the market will decrease even more to 1.0008. This would recommend a bearish market because the RSI indication is still in a favorable location and does disappoint any trend-reversal indications. The set is expected to drop lower to a minimum of 0.9960 in order to form a new double bottom. On the other hand, if a breakoutoccurs at the resistance level of 1.0057, then this situation might end up being invalidated.The material has been offered by InstaForex Business-www.instaforex.com
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Technical analysis: Intraday Level For EUR/USD, Feb 19, 2019 888011000 110888 When the European market opens, some economic data will be released such as ZEW Economic Sentiment and German ZEW Economic Sentiment. The US will likewise release the financial data such as NAHB Housing Market Index, so in the middle of the reports, the EUR/USD set will move with a low to a medium volatility throughout this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1360. Strong Resistance: 1.1354. Initial Resistance: 1.1344. Inner Sell Area: 1.1334. Target Inner Area: 1.1311. Inner Buy Area: 1.1287. Initial Assistance: 1.1277. Strong Assistance: 1.1267. Breakout SELL Level : 1.1261. (Disclaimer)The material has been provided by InstaForex Company -www.instaforex.com
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Technical analysis: Intraday level for USD/JPY, Feb 19, 2019 888011000 110888 In Asia, Japan will launch the Current Account and the US will release some economic data such as NAHB Housing Market Index. So there is a likelihood the USD/JPY set will move with a low to a medium volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 111.10. Resistance. 2: 110.88. Resistance. 1: 110.67. Assistance. 1: 110.41. Support. 2: 110.19. Support. 3: 109.97.(Disclaimer)The material has been supplied by InstaForex Business-www.instaforex.com