By IFCMarkets
USDCHF falls as producer prices decline slows in Switzerland
Producer prices decline slowed in Switzerland in May: producer prices index declined 0.5% over month in May after 1.3% drop in April. This is bearish for USDCHF.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Sell | |
Donchian Channel | Neutral | |
MA(200) | Sell | |
Fractals | Sell | |
Parabolic SAR | Sell |
Summary of technical analysis
Order | Sell |
Buy stop | Below 0.9504 |
Stop loss | Above 0.9546 |
Market Analysis provided by IFCMarkets