By IFCMarkets
Lower than expected inflation bullish for USDCHF
Switzerland’s consumer prices remained unchanged in May: the consumer price index remained unchanged over month in May after 0.4% decline in April, when an 0.1% increase was expected. This is bullish for USDCHF.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Buy | |
| Donchian Channel | Neutral | |
| MA(200) | Sell | |
| Fractals | Neutral | |
| Parabolic SAR | Buy |
Summary of technical analysis
| Order | Buy |
| Buy stop | Above 0.9587 |
| Stop loss | Below 0.9541 |
Market Analysis provided by IFCMarkets