- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- The first target is at the level of the previous peak - 0.998, and the second one, in case of an active price increase, is at the level - 1
USDCHF - Upward trend will continue, Long trade by market price recommended
May 12, 2022 7:40:33 AM
Forecast Details
PairUSDCHF
Direction
Buy
StatusClosed (0.9930)
+70 p
1.0000
Target 2
+50 p
0.9980
Target 1
0.9930
Entry
-60 p
0.9870
Stop Loss
Chart & Analyst Comments
