Analysis of the USD/CHF currency pair for October 28, 2026
Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.
October 28, 2026
USDCHF
The trend is downward. The currency pair is trading between the 365 EMA and the 135 EMA. The upward wave pattern is truncated. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator indicates an overbought condition.
Trading idea:
Sell upon the formation of a downward wave pattern, where wave (A) breaks through the trendline of the truncated upward pattern.
Place a stop-loss order beyond the local high of the truncated upward pattern.
Target levels: 0.8255; 0.8220.