Technical analysis USDCHF for 18.07.2023
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.86200. The closest support is the level 0.85200
Key levels
- 0.88390, 0.87830, 0.86200, 0.85200, 0.84500, 0.84000
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.86200, with Take Profit of 0.87830 and Stop Loss of 0.85600
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.85200, with Take Profit of 0.84500 and Stop Loss of 0.85600
Nikolai Krishtopov es analista de mercado en Investizo, con más de 15 años de experiencia en el sector de los mercados financieros y más de una década de experiencia operando. Sus áreas de interés incluyen los mercados de forex y criptomonedas, el análisis técnico, el trading intradía y el comportamiento del mercado.