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 Chartpack - Technicals & Trade Setup | March 26, 2018

Print PDF

USD/CHF shooting stars restrain rallies below 21-DMA, major trend breaches below wedge support as interim bulls struggle for momentum:

USDCHF -0.29% forms shooting stars at 0.9491 and 0.9461 levels that restrain rallies below 21SMAs, the current price dips below SMAs (refer 4H chart).

Both leading & lagging indicators are in tandem with bearish swings, for now, more dips seem to be likely if it breaches channel support.

The current prices of USDCHF -0.29% have tumbled down below rising wedge baseline on monthly plotting to hamper the previous bullish sentiments.

While the long-lasting non-directional phase in the major trend has also turned out to be bullish after failure swings at stiff resistance at 1.0007 levels, the bulls are struggling for the healthy momentum.

After breaching below wedge baseline, the momentum & trend indicators on monthly terms are also in tandem with the bearish price movements.

Trend study: Both lagging indicators (EMAs and MACD ) show bearish crossovers that signal downswings to prolong further in the medium run.

Contemplating lingering buying sentiments in near-term and bearish sentiments in the major trends, boundary binaries are recommended on trading grounds using upper strikes at 0.9485 and lower strikes at 0.9430 levels, on the contrary, it is advisable to deploy short futures of mid-month tenors on hedging perspective, with a view to arresting potential downside risks.

Currency Strength Index: FxWirePro's hourly USD spot index has shown -99 (which is bearish ), while hourly CHF spot index was at -8 (neutral) while articulating at 12:49 GMT     

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 !