Forex Academy Quick Links:
Language:
English

USDCHF Daily Forecast: January 12

USDCHF Daily Forecast: January 12
Friday, January 12th, 2018 @ 8:16 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo

Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own.

Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

About Me My Articles

USDCHF Forecast
The USDCHF was indecisive yesterday but overall still in a short term bearish bias after failed to maintain above the daily EMA 200 as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9700 area. A clear break and daily/weekly close below that area would expose 0.9590 region next week. Immediate resistance is seen around 0.9797 – 0.9816 area. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.

No Responses to “USDCHF Daily Forecast: January 12”

No comments posted yet.

Leave a Reply

Submit Your Comment

Our Global Forex Community

Follow us on Twitter! Join us on Facebook! Watch us on YouTube! Stumble Us!

Advertising

Next Free Forex Webinar

Free Market Commentaries

Advertising

Blog Archive

Forex Links

Educational Partners

The Geek Knows
AgriMoney.com
Traders' Magazine

Finance Blogs Blogarama - The Blog Directory