By IFCMarkets
Improving Swiss trade balance bearish for USDCHF
Swiss trade surplus rose in March: the trade surplus reached 4.02 billion francs from 3.54 in February, when a decline to 3.23 billion was expected. This is bearish for USDCHF.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Buy | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
Summary of technical analysis
| Order | Sell |
| Buy stop | Below 0.9668 |
| Stop loss | Above 0.9705 |
Market Analysis provided by IFCMarkets