By IFCMarkets
Increasing Swiss trade surplus bearish for USDCHF
Switzerland’s trade surplus increased in June: trade surplus rose to 3.22 billion CHF after 2.71 billion in May, when an increase to 3.15 was forecast. This is bearish for USDCHF.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Sell | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
| Order | Sell |
| Buy stop | Below 0.9367 |
| Stop loss | Above 0.9397 |
Market Analysis provided by IFCMarkets