How To Make Money Today: Daily Market Analysis and Forex Trading Signals 11 April 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, with price expected to reverse off the stochastic indicator, we expect to see a potential for bearish drop from our 1st resistance of 0.93702 in line with the 61.8% fibonacci retracement towards our 1st support level at 0.92702 in line with 61.8% Fibonacci retracement. Alternatively, If price breaks out, it can potentially move towards our 2nd resistance level at 0.94238 which is in line with the swing high resistance.

Areas of consideration

1st support level at 0.92702
1st resistance level at 0.93702

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