Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

USDCHF Daily Forecast: November 17

Wednesday, November 16, 2016 19:32
% of readers think this story is Fact. Add your two cents.

USDCHF Forecast
The USDCHF was indecisive yesterday formed a Doji on daily chart. The bias is neutral in nearest term. Overall price is still in a bullish phase but an indecisive movement around a key resistance (1.0000) could signal a bullish exhaustion. Immediate support is seen around 0.9980. A clear break below that area could trigger further bearish pressure testing 0.9950 or lower. Immediate resistance is seen around 1.0050. A clear break and daily close above that area would expose 1.0100 or higher. Overall I remain neutral.



We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.