USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h chart. Evening star candle stick pattern is also suggesting a downside correction for a while.
On 4h Chart MACD is also indicating a sell signal. At the same time RSI is moving down below its 9 period MA.
Trade Idea
- Limit Sell USDCHF at 0.9955
Stop Loss above 0.9990
Target 0.9885-0.9850
USDCHF 4h Chart.
Stokcs, Metals, Energy, Forex, Crypto
USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...

-
EURUSD reversed sharply lower yesterday from 1.3200, clearly in impulsive fashion beneath rising trend-line from 1.2745 and as well as ...
-
We are sure that stocks traders have some very good time these days when markets are up day by day. We were successfully tracking this impu...
-
Gold is very slow these days and quite tricky on the 4h or even daily chart. In situation like this we need to focus on time frames where ...