By IFCMarkets
USDCHF falls as producer prices decline slows in Switzerland
Producer prices decline slowed in Switzerland in May: producer prices index declined 0.5% over month in May after 1.3% drop in April. This is bearish for USDCHF.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Neutral | |
| MA(200) | Sell | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
Summary of technical analysis
| Order | Sell |
| Buy stop | Below 0.9504 |
| Stop loss | Above 0.9546 |
Market Analysis provided by IFCMarkets