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Message: [QUOTE="MikhailLF, post: 157380, member: 42242"] [b]LiteForex analitics. USD/CHF: general analysis[/b] Current trend USD strengthened slightly against CHF: the pair is now trading near the resistance level of 6/8 Murrey or 0.9948. If the currency can consolidate higher, then the next target will be the level of 7/8 Murrey or 0.9979. USD may be affected negatively by a significant drop in the stock market. If there is no reversal in the near future, the current decline will be greatest since 2008: only last week, indices lost more than 6%. The leaders of the largest investment banks said that they had enough funds on their balance sheets for lending business and other market operations. On this issue, the Presidential Group on Financial Markets and the Fed will hold a working meeting under the leadership of Stephen Mnuchin. The second negative point for USD is the shutdown of a part of US government since Donald Trump could not agree with the Senate about government spending. The US president planned to add to the expenditure side a project to build a wall on the Mexico border for a total of $5 billion but the Senate did not agree to sign the bill. Today, there is no strong movement expected in the market, since many institutions do not conduct financial operations on Christmas Eve. Support and resistance Stochastic is at 68 points and does not give signals for opening positions. Resistance levels: 0.9948, 0.9979. Support levels: 0.9918, 0.9887. Trading tips Short positions can be opened from the level of 0.9979 with the target at 0.9887 and stop loss 1.0003. [/QUOTE]

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