Technical analysis USDCHF for 15.12.2022
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument adjusted to the Kijun-sen line. The closest resistance is the level 0.93650. The closest support is the level 0.92530
Key levels
- 0.94880, 0.94250, 0.93650, 0.92530, 0.91850, 0.91090
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.93650, with Take Profit of 0.94250 and Stop Loss of 0.93150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.92530, with Take Profit of 0.91850 and Stop Loss of 0.93150
Scenario
Recommendation
BUY STOP
Entry Point
0.93650
Take Profit
0.94250
Stop Loss
0.93150
Key Levels
0.94880, 0.94250, 0.93650, 0.92530, 0.91850, 0.91090
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.92530
Take Profit
0.91850
Stop Loss
0.93150
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.