The daily forex analysis of November 26, 2020 will discuss the Swiss currency, the Swiss Franc, which in recent days has strengthened against the US Dollar. The strengthening of the Swiss currency due to the weakening of the United States Dollar is due to the increasingly positive confidence of market participants in the development of the Covid-19 vaccine will soon succeed and will be distributed as soon as possible. Market participants are shifting their investments from risky assets to safer investments, including in Yen, Gold, Bonds or securities and the Swiss Franc is starting to be in the lyrics.
Forex Daily Analysis Predictions
Today's FOREX prediction on the USDCHF pair is expected to move downwards, and the recommended OP (Open Position) is
SELL at the level of 0.90650. With a Target Profit (TP) of 10 - 20 points and a Stop loss (SL) of 5 - 10 points.
Preference |
BEARISH |
Target Profit 1 |
0,90550 |
Target Profit 2 |
0,90450 |
Stop Loss 1 |
0,90700 |
Stop Loss 2 |
0,90750 |
This the daily analysis of forex on November 26, 2020. Keep Money Management and Risk Management first in your
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