You are viewing ikonfxenglish

Tired of ads? Upgrade to paid account and never see ads again!

Previous Entry | Next Entry

Ikon Forex"Fluctuated Rhythm of USD/CHF"

Ikon Forex"

From the daily chart, we can figure out that USD/CHF appeared the rhythm of taking place in turn by the major lines. And in the hours chart, the short-term forex price kept its moving rhythm of going down with strong power.

The forex price continued to drop to hit the new record low and the current short-term trend kept in the declining moving rhythm all the time.
Today, the trend of USD/CHF is still bearish. In the uptrend continuity aspect, CHF is better than EUR.

Forex trend analysis based on forex analyst from– You Zhou

Edited by Sarah
forex analysis from Ikon Group --