MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Technical analysis of USD/CHF for July 12, 2016

USDCHFM30.png

USD/CHF is under pressure and the key resistance is at 0.9865. The pair remains under pressure below its key resistance at 0.9865, which should limit the upside potential. Indeed, the pair is drawing a flat consolidation in the 0.9865 - 0.9800 trading range. Besides, the relative strength index lacks upward momentum. To conclude, as long as the resistance at 0.9865 is not surpassed, the pair is likely to return to its key support at 0.9765. A break below this level would open the way to further weakness towards the horizontal support at 0.9735.

Resistance levels: 0.9895, 0.9920, 0.9945

Support levels: 0.9765 , 0.9735, 0.9710

The material has been provided by InstaForex Company - www.instaforex.com