Technical analysis USDCHF for 26.04.2024
26.04.2024 17:20
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.91150. The closest resistance is the level 0.91550
Key levels
- 0.91800, 0.91550, 0.91150, 0.90900, 0.90650
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.91150, with Take Profit of 0.91550 and Stop Loss of 0.90900
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.90900, with Take Profit of 0.90650 and Stop Loss of 0.91150
Scenario
Recommendation
BUY LIMIT
Entry Point
0.91150
Take Profit
0.91550
Stop Loss
0.90900
Key Levels
0.91800, 0.91550, 0.91150, 0.90900, 0.90650
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.90900
Take Profit
0.90650
Stop Loss
0.91150