Read more
8:14 AM · 30 July 2021

Chart of the day - USDCHF (30.07.2021)

-
-
Open account Download free app

USDCHF has broken below the neckline of the head and shoulders pattern recently. According to classic technical analysis, this pattern heralds trend reversal and breaking below the neckline proceeds the final downward impulse. Nevertheless, the sell-off has been halted at the support zone in the 0.9050 area, marked with previous price reactions and exterior 161.8% retracement. Should we see a break below this area, sell-off may accelerate towards the lower limit of the yellow box marked on the chart below (textbook range of the breakout from head and shoulders pattern). On the other hand, should recovery continue, the earlier-broken neckline is the key near-term support to watch.

Source: xStation5

27 March 2026, 6:48 PM

Daily summary: Fifth week of declines on the Wall Street

27 March 2026, 5:46 PM

Three markets to watch next week (27.03.2026)

27 March 2026, 8:50 AM

Chart of the Day: USDJPY at a Crossroads. Will the Government Step In?

27 March 2026, 6:53 AM

Morning Wrap: Trump Announces a “Pause”. Another 10-Day Ultimatum!

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits