USDCHF Analysis: USDCHF falls as producer prices decline slows in Switzerland

June 15, 2020

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