You are not logged in.


Index » Medium Term : Charts, Analysis and Trade Ideas » 

Technical analysis of the USD/CHF pair on June 4th, 2012


Pages: 1

#1 ⇑ Haut ⇑ 04-06-2012 09:04:06

Bruno
Trader, Analyst and webmaster for Forex-Tribe
Forex
Registered: 07-12-2008
Posts: 30891
Reputation :   
Website
Rate this member :
  • Currently 2.67/5
  • 1
  • 2
  • 3
  • 4
  • 5


  • Note : 2.7/5 (282 votes)


Share this topic :

Technical analysis of the USD/CHF pair on June 4th, 2012

Commentary of the USD/CHF pair :

The pair USD/CHF made last friday a correction, pushing back the price below the support at 0.97.
The pair is now moving below its bullish slant (black line).
All indicators stay bullish.
We continue to advise long positions as far as 0.96 is support.
A return above 0.97 will comfort our bullish feeling.
The breakout of 0.98 will give a new buy signal and open the way towards 0.99.
In case of return below 0.96, we will be neutral between this level and 0.95.
The breakout of 0.95 will give a new buy signal.

http://www.tribuforex.fr/analyses/FOREX/usdchf-04062012.png


http://www.tribuforex.fr/analyses/FOREX/usdchf-04062012-2.png







signature forex
 

Index
  •  » Medium Term : Charts, Analysis and Trade Ideas » 

    Technical analysis of the USD/CHF pair on June 4th, 2012



  • Pages: 1