Forecast USD / CHF on 05.06.2016
On the eve of the Swiss markets are not working, as the country celebrated the Feast of the Ascension and statistical data does not go. Forex players were mainly focused on the weekly statistics from the United States in the number of applications for unemployment benefits expected from the increase in the number of primary to 260,000 from the previous 257000. out data at the level of 274,000.
Quotes pair USD / CHF continues to move in a northerly direction. The pair broke up 0.9660 resistance. In the area of 0.9660 is the first support below - 0.9580. In the area of 0.9750 is the first resistance, above -. 0.9850Price is located in the Ichimoku cloud and Chinkou-Span is below the price level. Tenkan-sen and Kijun-sen demonstrate horizontal movement and form a "Golden Cross". The MACD histogram is in the positive zone. The price is rising.
Trading recommendations USD / CHF
Trading on the increase on the CHF is now the most suitable. Target for longs serves mark 0.9750. Her breakout will give traders an opportunity to go to 0.9850.
Source Fort Financial Services