By IFCMarkets
Consumer prices deflation in Switzerland bullish for USDCHF
Switzerland’s consumer prices deflated in April: the Consumer Price Index declined 0.4% in April after 0.1% increase in March, when a 0.1% decline was expected. This is bullish for USDCHF.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Buy | |
Donchian Channel | Neutral | |
MA(200) | Sell | |
Fractals | Buy | |
Parabolic SAR | Buy |
Summary of technical analysis
Order | Buy |
Buy stop | Above 0.9721 |
Stop loss | Below 0.9646 |
Market Analysis provided by IFCMarkets