| USDCHF remains under pressure as sellers control the market. Buyers need to break above the swing area at 0.87704 to reverse the trend. However, the 100-hour moving average is providing some support for now. |
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
You Might Also Like
AUDUSD stays below the 38.2% and is back below the 100 day MA
2023-11-16
AUDUSD sellers are still holding onto control
AUDUSD corrects higher to 100 hour MA and finds sellers. Snaps 5 day slide though.
2023-11-13
The AUDUSD corrected higher to the 100-hour moving average and found willing sellers. The move to the upside snapped a 5-day slide. That is the good news. The not-so-good news for the buyers is the sellers remain in control below its 100-hour moving average.
USDCHF price action volatile but finds support at key technical levels today. What next?
2023-11-10
The USDCHF has experienced ups and downs in its price action, but has found support at important technical levels like the 200-day moving average and the 50% midpoint. Staying above these levels would be bullish, while moving below them would be bearish.
Tags: Featured,newsletter
1 ping