Technical analysis USDCHF for 29.08.2022

29.08.2022 09:11
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. 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 resistance is the lower border of the cloud

Key levels

  • 0.9857, 0.9765, 0.9710, 0.9665, 0.9620, 9560, 0.9470

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.9710, with Take Profit of 0.9765 and Stop Loss of 0.9665

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.9665, with Take Profit of 0.9560 and Stop Loss of 0.9710
Guión
Recomendación
BUY STOP

Punto de entrada
0.9710

Take Profit
0.9765

Stop Loss
0.9665

Niveles clave
0.9857, 0.9765, 0.9710, 0.9665, 0.9620, 9560, 0.9470
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.9665

Take Profit
0.9560

Stop Loss
0.9710