Tickmill’s Investing Diva, USDCHF Daily Outlook 24-06-20

Feb 7, 2024 - 10:51

USDCHF Daily Outlook – On Tuesday Nasdaq hit a record high and the Dow jumped 100 points in the US, Flash Eurozone Manufacturing PMI came in at 46.9 vs. 39.4 in May, and New Zealand kept its interest rate unchanged as expected. Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to the <a href="https://www.youtube.com/channel/UCygXlFW43dWBKnNty1s-W_g">Tickmill YouTube channel</a> and support us by liking and sharing this video with your forex trading friends. Wednesday’s expected main risk event is Germany’s Ifo Business Climate (JUN). <iframe src="https://www.youtube.com/embed/7ZbqZ5Cb7NM" width="100%" height="481" frameborder="0" allowfullscreen="allowfullscreen" data-mce-fragment="1"></iframe> Today I’m looking at the USD/CHF pair which has found support at 0.9445 during its current downtrend. The pair broke below the daily Ichimoku cloud on June 9th and the bearish moment still appears to be strong so there’s a good chance we’ll see a break below the support level towards 0.9256 in the next couple of weeks. Do you think there’s more room for losses for the USD/CHF pairs? Head over to the comments section and let me know. Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company. High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% and 70% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The post <a rel="nofollow" href="https://blog.tickmill.com/fund-analysis/tickmills-investing-diva-usdchf-daily-outlook-24-06-20/">Tickmill’s Investing Diva, USDCHF Daily Outlook 24-06-20</a> appeared first on <a rel="nofollow" href="https://blog.tickmill.com">Tickmill</a>.

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