Monday, September 25, 2017

USDCHF analysis for 25.09.2017

Switzerland has published Current Account which the only economic report for USDCHF. The support rests at 0.96910 with resistance at 0.97360 which both lines are above the weekly pivot point at 0.96730. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD indicator is in positive territory and the Stochastic is showing upward momentum. The ADX is showing buy signals. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend. Long positions are recommended towards 0.9757. https://fxglory.com/usdchf-analysis-for-25-09-2017/

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