Main Quotes Calendar Forum
flag

FX.co ★ USD/CHF

back
Trader Journals:::2026-05-01T01:47:16

USD/CHF

USD/CHF, Friday May 01, 2026

USD/CHF

The major currency pair USDCHF yesterday appeared to reverse direction, falling away from the daily higher area of 0.79238 due to the weakening support of the USD Index. On the H4 timeframe this morning, candles are seen swinging at the price level of 0.78133, swinging below the intersection area of the orange EMA200 line with the blue EMA21 and the purple EMA50, which now functions as a dynamic resistance. Meanwhile, the CCI14 indicator seems to be starting to move upwards, trying to leave the oversold area. In general, a trading plan to BUY USDCHF for today would be a profitable choice, by placing a stop loss at the lower area of 0.77742 and a take profit target at the higher area of 0.79238.
photo
Forum user
Share this article:
back
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...