Forex VPS
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

USD/CHF forms shooting star pattern, good to sell on rallies : FxWirePro | December 11, 2017

Print PDF

Candlestick pattern - Shooting star

USD/CHF -0.10% has shown a profit booking after hitting high of 0.99770 on Dec 8th 2017. US dollar -0.15% downside might be limited due to better than expected jobs data. U.S economy has added 228000 jobs in the month of Nov compared to forecast of 198K and unemployment rate was unchanged at 4.1%. The pair declined till 0.99159 at the time of writing. It is currently trading around 0.99179.

Market awaits US fed monetary policy which is to be held on Wed for direction. SNB policy assessment is on Thursday.

The pair’s near term support is around 0.9900 and any break below will drag the pair till 0.9880 (daily Kijun-Sen)/0.9840 (55- day EMA )/0.9805 (200- day EMA ).

On the higher side, 1.000 will be acting as major resistance and any break above will take the pair to next level till 1.00380/1.010.

It is good to sell on rallies around 0.9935-40 with SL around 0.9980 for the TP of 0.9845/0.9810.

Submit Your Comments:

 Forex Trading VPS


Windows 2008/2012 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
Economy buy now2 Core 756MB 15GB 1TB $6.50/M$6.20/M$5.90/M $5.50/M MT4 Pre-InstalledYesFree
Standard buy now 2 Core 1GB 25GB 1.5TB $8.50/M$8.20/M$7.90/M $7.50/M MT4 Pre-InstalledYesFree
Premiumbuy now 2 Core 2GB 40GB 2TB $16/M$15.50/M$15/M$14.50/M MT4 Pre-InstalledYesFree
Advanced buy now4 Core 3GB 60GB 2.5TB $26/M$25/M$24/M $22/M MT4 Pre-InstalledYesFree
Professionalbuy now 4 Core 4GB 80GB 3TB $33/M $32/M$31/M$29/MMT4 Pre-InstalledYesFree
Business buy now 4 Core 6GB 100GB 4TB$46/M $45/M$44/M$42/MMT4 Pre-InstalledYesFree
Platinum buy now 4 Core 8GB 120GB 6TB $59/M $58/M$57/M$55/M MT4 Pre-InstalledYesFree
Diamond buy now 4 Core 12GB 180GB 8TB $89/M $87/M$85/M$81/MMT4 Pre-InstalledYesFree

***We accept Neteller, Skrill, MasterCard, Paypal, Payza, Perfect Money, Webmoney !