2013.12.02 | USDCHF Market Analysis
USDCHF Trends & Fibonacci Retracement Levels
The USDCHF currency pair has been rising in forex market trading today with the USDCHF registering a high of 0.91093 and reaching to a low of 0.90422 on the day. Trends data shows the pair is currently trying to cross over into a short-term uptrend with prices trading over the 21-period linear moving average. Over the longer term trend, the pair continues to be in a downtrend as seen on the daily chart by the 90-day Linear Regression Channels below.
USDCHF Trends Data: Linear Regression Indicator
10-day current trend is BEARISH / Trend strength of -75.0 pips
30-day current trend is BULLISH / Trend strength of 152.5 pips
60-day current trend is BEARISH / Trend strength of -100.5 pips
90-day current trend is BEARISH / Trend strength of -269.7 pips
180-day current trend is BEARISH / Trend strength of -479.1 pips
Fibonacci Retracement Levels: Past 100 Days
— 0.000 – 0.88892
— 0.236 – 0.90413
— 0.382 – 0.91354
— 0.500 – 0.92115
— 0.618 – 0.92876
— 0.764 – 0.93817
— 1.000 – 0.95338
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.
