Forex analytics and overview

USD/CHF Continues In A Downward Channel

2022.05.25 05:13

Bearish

USD/CHF was trading at 0.9650 in a 5th fractal wave within a downward channel.

We are looking for a continuation of the pair to the ATR target of 0.9557 and then the S4 target at 0.9527.

Watch for a bounce there, as well as any change in direction in the USDX. At time of writing, the US dollar index was moving down.

The ATR for the pair currently is 106 pips per day and its 180 day average is 86 pips per day. 

USD/CHF Continues In A Downward ChannelUSD/CHF Chart

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,372.96 0.61%
ethereum
Ethereum (ETH) $ 2,550.22 2.46%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.40 1.84%
bnb
BNB (BNB) $ 660.82 0.53%
solana
Solana (SOL) $ 175.44 1.16%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.243154 5.24%
cardano
Cardano (ADA) $ 0.82422 3.82%
tron
TRON (TRX) $ 0.266621 2.07%
staked-ether
Lido Staked Ether (STETH) $ 2,546.18 2.23%
sui
Sui (SUI) $ 4.17 4.87%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,355.96 0.79%
chainlink
Chainlink (LINK) $ 17.46 5.69%
pi-network
Pi Network (PI) $ 1.57 69.61%
avalanche-2
Avalanche (AVAX) $ 25.95 5.30%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,070.50 3.27%
shiba-inu
Shiba Inu (SHIB) $ 0.000017 4.68%
stellar
Stellar (XLM) $ 0.312607 2.65%
hedera-hashgraph
Hedera (HBAR) $ 0.213448 3.56%
the-open-network
Toncoin (TON) $ 3.48 3.48%
hyperliquid
Hyperliquid (HYPE) $ 24.87 2.84%
bitcoin-cash
Bitcoin Cash (BCH) $ 412.52 0.24%
polkadot
Polkadot (DOT) $ 5.25 4.27%
litecoin
Litecoin (LTC) $ 102.29 1.30%
leo-token
LEO Token (LEO) $ 8.34 0.72%
usds
USDS (USDS) $ 1.00 0.00%
weth
WETH (WETH) $ 2,548.35 2.23%
monero
Monero (XMR) $ 343.89 6.91%
pepe
Pepe (PEPE) $ 0.000015 13.75%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,726.52 3.00%
bitget-token
Bitget Token (BGB) $ 4.88 1.58%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.06%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,365.96 0.62%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.11%
whitebit
WhiteBIT Coin (WBT) $ 30.30 0.38%
uniswap
Uniswap (UNI) $ 7.11 0.24%
bittensor
Bittensor (TAO) $ 470.60 4.95%
near
NEAR Protocol (NEAR) $ 3.21 0.38%
aptos
Aptos (APT) $ 6.03 2.61%
dai
Dai (DAI) $ 1.00 0.02%
ondo-finance
Ondo (ONDO) $ 1.08 4.65%
aave
Aave (AAVE) $ 223.25 1.93%
kaspa
Kaspa (KAS) $ 0.12709 18.77%
okb
OKB (OKB) $ 55.39 0.46%
internet-computer
Internet Computer (ICP) $ 5.89 5.49%
ethereum-classic
Ethereum Classic (ETC) $ 20.32 2.74%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
crypto-com-chain
Cronos (CRO) $ 0.101208 1.99%
vechain
VeChain (VET) $ 0.032795 6.46%