How To Make Money Today: Daily Market Analysis and Forex Trading Signals 15 March 2022
To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first, and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…
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USD/CHF:
On the H4, price is abiding by an ascending trendline and near 1st resistance level of 0.93607 in line with 78.6% Fibonacci projection. Price can potentially dip to the 1st support level of 0.92828 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is further supported by the stochastic indicator as it is at resistance level.
Areas of consideration
- 1st support level 0.92828
- 1st resistance 0.93607
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