See also
Technical analysis:
USD/CHF has been trading downside this morning and I think there is potential for the downside movement towards lower references.
Trading recommendation:
Due to the test and reject of resistance zone, I see potential for the downside movement towards lower references.
Watch for the potential selling opportunities on the rallies with the downside objectives at 0.9165 and 0.9100.
MACD oscillator is showing fresh downside momentum, which is sign that sellers are in control.
Key resistance is set at the price of 0.9250
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
US Dollar Index – Thursday, July 17, 2025 If the pivot and support levels are able to withstand the #USDX's weakening correction in the near term, the #USDX
Nasdaq 100 Index - Thursday, July 17, 2025 The #NDX price movement is below the EMA(20) and EMA(50), supported by the RSI(14) at a neutral bearish level. Therefore, the #NDX
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.