Sorry, you need to enable JavaScript to visit this website.

USD/CHF Signal - USD Continuing Jobless Claims - 13 Aug 2020

You are here

Signal Details
Entry Price: 
0.91215
Take Profit: 
0.9180
Stop Loss: 
0.9080
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USD/CHF is range bound currently, and has found support around 0.910. We anticipate upside on the pair prior to USD continuing jobless claims, a measure of individuals currently on unemployment benefits. Technically the pair is trading below the 1hr 50EMA, so traders should watch this indicator for signs of continuation on reversal.

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.