EN

USDCHF - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairUSDCHF
Publication Time1/5/23 10:55 AM
Direction Sell
Status Closed (0.9340)
10:55
10:55
Jan. 5, 2023
Forecast
-70 p
0.9340
Stop Loss
0.9270
Entry
+70 p
0.9200
Target 1
+95 p
0.9175
Target 2
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. The first target is at the level of the previous bottom - 0.92, and the second one, in case of an active price decrease, is at the level - 0.9175
    index: 1x 0.060009002685547s
t_/pages/forecast: 1x 0.054903030395508s
t_/common/header-new: 1x 0.033352851867676s
t_/common/head: 1x 0.024860143661499s
t_/common/footer-new: 1x 0.006248950958252s
router_page: 1x 0.0020210742950439s
router: 1x 0.0012679100036621s
t_/popups/on-download: 1x 0.0011510848999023s
t_/common/cookie-banner: 1x 0.00087213516235352s
t_/blocks/sidebar-afil: 1x 0.00045680999755859s
service-routes: 1x 0.00045514106750488s
router_redirection: 1x 0.00022602081298828s
t_/popups/zoom: 1x 3.0994415283203E-5s
----- END OF DUMP (2025-03-12 04:38:03)  -----