USDCHF - Upward trend will continue, Long trade by market price recommended

May 30, 2019 6:14:46 AM by Alexander Zorevyk
Forecast Details
PairUSDCHF
Direction Buy
StatusClosed (1.006)
6:13
6:13
May 30, 2019

+44 p
1.0120
Target 1
1.0075
Entry
-45 p
1.0030
Stop Loss
Chart & Analyst Comments
USDCHF - Upward trend will continue, Long trade by market price recommended
  1. According to the Current Ratios indicator, the market crowd inclined to believe in a downward movement. We recommend Long trade for today.
  2. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  3. The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.