"Forex trading involves a high level of risk"
USDCHF Weekly Technical Analysis | December 6, 2014
USDCHF has formed a rising wedge pattern in Daily chart. This pair is touching the upper line of wedge pattern. So It is now on resistance zone. If it can stay below this level, then we can see some bearish movement. If you sell bearish candle confirmation on this level, then you can sell this pair for short time. Traget will be 0.9680 level. On the other hand, If this pair break in the upside, then bullish rally can extend upto 0.9980.
Weekly Pivot, Support and Resistance
Resistance Two (R2): 0.9913
Resistance One (R1): 0.9847
Pivot Point: 0.9729
Support One (S1): 0.9663
Support Two (S2): 0.9545
Submit Your Comments:
FOREX VPS FOR TRADERS
FF FOREX VPS
Windows 2012R2/2016 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee
| Plan Name | Buy Link | CPU | RAM | Disk | BandWidth | Price (Montly) | Price (Quarterly) | Price (Semi-Annually ) | Price (Annually) | Installation | BackUp | Setup Fee |
| ECO-01 | buy now | 1 Core | 756MB | 18GB | Unmetered | $4.99/M | $4.49/M | $3.99/M | $2.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-02 | buy now | 1 Core | 1GB | 22GB | Unmetered | $5.99/M | $5.49/M | $4.99/M | $3.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-03 | buy now | 2 Core | 2GB | 30GB | Unmetered | $9.99/M | $9.49/M | $8.99/M | $7.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-04 | buy now | 2 Core | 3GB | 32GB | Unmetered | $13.99/M | $13.49/M | $12.99/M | $11.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-05 | buy now | 3 Core | 4GB | 40GB | Unmetered | $17.99/M | $17.49/M | $16.99/M | $15.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-06 | buy now | 3 Core | 5GB | 45GB | Unmetered | $21.99/M | $21.49/M | $20.99/M | $19.99/M | MT4 Pre-Installed | Yes | Free |
***We accept Paypal, Perfect Money, Bitcoin !
RECENTLY UPDATED POSTS See All . . »
Bringing Mr. Bollinger to the Table
Surfing the Waves of Volatile Markets
Intraday Trading and High Leverage: Strategies for Rapid Market Movements
How Is FX Trading Regulated Across African Countries?
FX Trading Regulation Around The World
3 Strategies That Can Provide You With Decent Returns In The FX Market
| Money Management |
| Candlesticks Pattern |
| News Trading |
| Could U.S. be on its way to Stagflation |
| Chart Pattern Trading |
| Fibonacci Calculator |
| Pivot Points Calculator |
| [email protected] |
Risk Disclaimer : Security Trading, Forex, Options, Futures and Commodities are highly leveraged products which involves large potential risks. If efficient money management,is not practiced then there are possibilities that you may lose your capital (Margin Call) in a matter of days or even minutes. Before making any transaction, you should ensure yourself that you fully understand the risks involved in the Forex Market. We provide Forex signals and forecasts by the experience on different market conditions, price action, market sensitivity, strategies, analysis and other trading rules; though we we cannot assure you that every signals will gain you profit due to the unpredictable nature of the financial market.
© ForexFunction All Rights Reserved 2014-15