By IFCMarkets
Lower than expected inflation bullish for USDCHF
Switzerland’s consumer prices remained unchanged in May: the consumer price index remained unchanged over month in May after 0.4% decline in April, when an 0.1% increase was expected. This is bullish for USDCHF.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Buy | |
Donchian Channel | Neutral | |
MA(200) | Sell | |
Fractals | Neutral | |
Parabolic SAR | Buy |
Summary of technical analysis
Order | Buy |
Buy stop | Above 0.9587 |
Stop loss | Below 0.9541 |
Market Analysis provided by IFCMarkets