FX.co ★ pstamm | Analisa Pasar USDCHF

USD/CHF Hello traders, have a good day. Analyzing the four-hour trend of the USD/Swiss Franc currency pair quotes, it can be noted that an ascending medium-term trend has already fully formed on the chart. Despite significant pullback waves, we can see that the pair is actively moving north overall. At the moment, it can be stated that another bearish correction has already been completed, so we can expect a new growth phase. I won't say it will happen today, but by the end of the week, I expect a new high for the pair, near the resistance at 0.7925, with an attempt to rise towards the middle of the 79th figure. From a technical analysis perspective, we have all the signals for growth, starting from the "Zigzag" indicator marking the end of the correction and ending with a series of bullish candles. However, bearish resistance is still present, but trading at the level of 0.7863, the pair is already aiming to test the upward breakout of the 14-period moving average line, while remaining above both bands of the rising trend indicator "2 EMA Color Alerts". So, we await the fulfillment of the forecast mentioned and the development of the ascending trend.