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.

IndicatorVALUESignal
RSINeutral
MACDSell
Donchian ChannelNeutral
MA(200)Sell
FractalsSell
Parabolic SARSell

 

Summary of technical analysis

OrderSell
Buy stopBelow 0.9504
Stop lossAbove 0.9546

Market Analysis provided by IFCMarkets