2013.11.14 | USDCHF Market Analysis
USDCHF Trends & Fibonacci Retracement Levels
The USDCHF currency pair has been gaining in forex market trading today with the USDCHF registering a high of 0.91875 and a low of 0.91226 on the day. Trends data shows the pair is currently in a short-term uptrend as prices are trading over our favored short-term moving average although a short-term top may be in with the potential for bearish trend change. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair remains in a downtrend.
USDCHF Trends Data: Linear Regression Indicator
10-day current trend is BULLISH / Trend strength of 107.9 pips
30-day current trend is BULLISH / Trend strength of 115.9 pips
60-day current trend is BEARISH / Trend strength of -262.1 pips
90-day current trend is BEARISH / Trend strength of -373.7 pips
180-day current trend is BEARISH / Trend strength of -453.8 pips
Fibonacci Retracement Levels
— 0.000 – 0.88893
— 0.236 – 0.90925
— 0.382 – 0.92182
— 0.500 – 0.93199
— 0.618 – 0.94215
— 0.764 – 0.95472
— 1.000 – 0.97504
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.
