Technical analysis USDCHF for 10.01.2024
10.01.2024 17:14
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains 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 level 0.85770. The closest support is the level 0.84800
Key levels
- 0.86750, 0.86290, 0.85770, 0.84800, 0.84440, 0.83960
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.85770, with Take Profit of 0.86290 and Stop Loss of 0.85250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.84800, with Take Profit of 0.84440 and Stop Loss of 0.85250
Scenario
Recommendation
BUY STOP
Entry Point
0.85770
Take Profit
0.86290
Stop Loss
0.85250
Key Levels
0.86750, 0.86290, 0.85770, 0.84800, 0.84440, 0.83960
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.84800
Take Profit
0.84440
Stop Loss
0.85250