USD/CHF - Supported by Marabuzo line. .9935 targeted

The importance of investor buying at Thursday’s Marabuzo line was emphasised Tuesday. Using that as a platform USDCHF saw a strong improvement of almost a big figure – a move that took prices through the 13 day mvg avg to seriously test the 100/200 day mvg avg area. Those lines were not clearly breached, but while that adds a note of caution signals for sentiment are left bullish. So, this morning’s call is Bullish from the open but leaving room to also buy a .9851 dip, the 13 day mvg avg . The risk is .9820 with upside targets of .9909, Jan 4th high, .9935 or even .9964, the 3 week peak.

Testing Averages


Any opinions, news, research, analysis, prices, trade recommendations or other information is provided as general market commentary and for educational purposes, and does not constitute investment advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profits or losses, and agree to hold and any authorized distributors of this information harmless in any and all ways. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Forex, Futures, Stock, and/or Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex, Futures, Stock, and/or Options markets. The information contained in these pages is neither a solicitation nor an offer to Buy/Sell Currencies, Futures, Stock, or Options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed.

Please also note that 3cAnalysis does not perform any regulated activities and does not report to any regulator.