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USD/CHF: First Goal Of Raising Is To Resistance Level 1.0105

Published 02/18/2019, 04:16 AM
Updated 07/09/2023, 06:32 AM

Total cash investments among major participants of the CME Group (NASDAQ:CME) on derivatives trading in the Swiss franc decreased by less than 1%. At the same time, the total capitalization of investments in dollars amounted to $15 billion 969 million. The prevalence of bulls in the previous week increased by 9%. In monetary terms, the overriding customer sentiment was $7 billion 224 million. The number of locked positions of investors increased by less than 1%. Cash deposits in USD/CHF among SMART MONEY are as follows: 73% of buyers and 27% of sellers.

The first long-term goal of raising on the daily timeframe is the monthly market maker resistance level (1.0105). The next increase target is the resistance zone of 20% of buyers (1.0200-1.0249). The addition of option positions to reduce the total amount of $ 5.6 million further enhances the area of 20%. The closest key support area for trading within the option month is the option balance of the March contract (0.9977). The next long-term goal of the decline is the optional level of growth of $ 2.5 million for growth (0.9825).

The key support for the first working day of the current week is the zone the lower boundary of the option daily balance zone (1.0007). In the event of a breakdown of the option level under consideration, a decline to the strike of the hedger support zone (0.9976) should be expected. The closest resistance level on Monday, February 18, is the level of limit sellers (1.0069). The next growth target today is the premium level of the weekly hedger resistance zone (1.0095).

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