Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
NPBFX - making money with us since 1996!
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Antony_NPBFX, post: 197912, member: 38727"] [size=5][b]USD/CHF: dollar renews one and a half month lows 30.07.2021 [/b][/size] Good afternoon, dear forum visitors! [url=https://www.tb.marketinstructor.com/?referer1=earnforex.com] NPBFX[/url] offers the latest release of analytics on USD/CHF for a better understanding of the current market situation and more efficient trading. [b] Current trend [/b] Today during the Asian session, the USD/CHF pair slightly grows, consolidating after an active decline throughout the week, which led to the renewal of local lows of June 16. On Thursday, the US currency received a strong impetus for new sales amid the publication of disappointing national macroeconomic statistics on GDP dynamics and Initial Jobless Claims. The data indicated a noticeable slowdown in the growth rate of the US economy, which, in turn, allows the US Federal Reserve to maintain its ultra-soft monetary policy. On Friday, traders are focused on the US statistics on the dynamics of personal income and spending for June. Expenditures are expected to pick up markedly, while income declines should slow on the back of a modest improvement in the labor market. Also, the Chicago PMI for July and the University of Michigan Consumer Confidence Index for the same period will be released during the day. [b] Support and resistance [/b] On the daily chart, Bollinger bands slightly decline. The price range actively expands but not as fast as the “bearish” sentiments develop. The MACD indicator falls, maintaining a strong sell signal (the histogram is below the signal line). Stochastic, having reached its lows, reversed into a horizontal plane, indicating that the dollar is oversold in the super short term. Resistance levels: 0.9100, 0.9128, 0.9161, 0.9200. Support levels: 0.9050, 0.9000, 0.8960. [img]http://businesspr-finance.com/wp-content/uploads/2021/07/usdchf-30072021-66.png[/img] [img]http://businesspr-finance.com/wp-content/uploads/2021/07/usdchf-30072021-77.png[/img] [b] Trading tips [/b] Long positions may be opened after the rebound from 0.9050 and the breakout of 0.9100 with a target at 0.9200. Stop loss – 0.9050. Implementation period: 2–3 days. Short positions may be opened after the breakdown of 0.9050 with the target at 0.8960. Stop loss – 0.9100. [b]Use more opportunities of the NPBFX analytical portal: glossary[/b] Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on USD/CHF and trade efficiently with [url=https://my.npbfx.com/register/?utm_campaign=register&utm_medium=forumpost&utm_source=earnforex.com]NPBFX[/url]. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…