USD/CHF Analysis

[PapiaKhatunAsha]

USD/CHF a day report on 5 June, where 0.90350 was the starting price, interestingly the market go up 0.90550 but few hours it was going down and it was 0.89790 whatever at the end of the day the market resistance at 0.8970 and predicted market will downtrend tomorrow.

 

[PapiaKhatunAsha]

According to the 30 minutes analysis report of USD/CHF on 5th July, 2021 can be seen that the market price started from 0.93430 and then it downtrend at 0.92330 it was the lowest market price within the hour. After few minutes the market was going up and reached 0.92400but it was not stable Whatever, the market and its resistance at 0.92387. Therefore, it may be predicted that the market price will be gone up for the next hour.

 

[PapiaKhatunAsha]

In 2021, July 4, the market analyzing a daily report of USD/CHF where the market price started from 0.92070 after few minutes the markets downtrends and it was 0. 92010and it was the lowest market rate in the month. Whatever finally the market goes up and it was 0.920310 whereas the market resistance at 0.92195 so it is a great chance to uptrend the following days.

 

[PapiaKhatunAsha]

After analyzing a monthly report of USD/CHF on June 2021, it can be seen that the market price started from 0.90030 and for few times the market price goes up but it was not stable it was 0.92630 and it was the highest within the month. Whereas, its resistance at 0.93448 so there can be assumed that the market will downtrend in near future.