Woolf's Blog

Avatar

USD/CHF - consolidation

WEELKY CHART
On weekly chart the market found resistance aprox. at 1,0000. This level was generated by falled candle from May 2017. It was huge weekly candle and it is expected that such long week should be a resistance.
On daily chart market is coming back to consolidation area. I see that is between 0,9450 and 0,9670.
I suppose that maket should hit 0,9550 on January.
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD/CHF - will break the support?


TREND:
short term (form September 2017) - market is downward trend
long term (from September 2015) - market is upward trend

RANGE:
short term (form September 2017) - 0,7800 - 0,7480
long term (from September 2015) - 0,7800 - 0,6800

RESISTANCE:

0,7580
0,7720
0,7800

SUPPORT:

0,7480
0,7410
0,7300

ANALYSIS:

Looking at daily line chart we can see that market landed on support level at 0,7480. This level is very important because it was created at 20 July 2017 and there runs dashed lin…
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios