Our free forex signals service trade today is a buy order on the USD/CHF. The pair will go upside if it finds rejection around the support level. The USD/CHF pair rallied in the short term and now is trading at 0.9333 below today’s high of 0.9349. After its strong rally, the price could come back to test the immediate support levels before resuming its uptrend. Technically, the Dollar Index maintains a bullish bias. Further growth should help the currency pair to approach new highs. As you already know from my previous analyses, there is a strong positive correlation between DXY and USD/CHF. Surprisingly or not, the USD appreciated even though the US data came in worse than expected yesterday. The ISM Services PMI, Final Services PMI, and Trade Balance came in worse than expected. Get FREE Forex Signals Now! 3 Free Forex Every Week – Full Technical Analysis FOMC Meeting Minutes The FOMC Meeting Minutes could bring high volatility and sharp movements later today. The USD could retreat ahead of this high-impact event. On the other hand, hawkish FOMC could boost the USD. That’s why the USD/CHF pair could jump toward new highs. –Are you interested in learning more about spread betting brokers? Check our detailed guide- From the technical point of view, the pair jumped above the down trendline and above the median line (ml), which represented upside obstacles. Stabilizing above these levels may announce an upside continuation. Only coming back and stabilizing below the broken down trendline could invalidate the upside continuation. Free forex signals – Buy USD/CHF at 0.9352 Free forex signals entry price and take-profit Instrument: USD/CHF Order Type: BUY STOP Entry price: 0.9352 Stop Loss: 0.9286 TP1: 0.9464 My Risk: 1% Risk / Reward Ratio: 1:1.7 Looking to trade forex now? Invest at eToro! Trade Forex Now! 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Forex Trading Signals share Read Next EUR/USD Price Bounces off Ahead of FOMC, 1.0960 Seen as Target Olimpiu Tuns 2 months Our free forex signals service trade today is a buy order on the USD/CHF. The pair will go upside if it finds rejection around the support level. The USD/CHF pair rallied in the short term and now is trading at 0.9333 below today’s high of 0.9349. After its strong rally, the price could come back to test the immediate support levels before resuming its uptrend. Technically, the Dollar Index maintains a bullish bias. Further growth should help the currency pair to approach new highs. As you already know from my previous analyses, there is a strong positive correlation between DXY… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
