. Latest Swiss Market News & Technical Analysis - 07 April 2023

Latest Swiss Market News & Technical Analysis – 07 April 2023

07 Apr 2023

Swiss Market Index Technical Analysis: Weekly Chart

swiss market weekly charts

In the weekly charts, the Swiss Market Index was trading in a down channel. The Swiss Market Index is currently trading above all SMA.

RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10400.00 the resistance level is at 11400.00

The Swiss Market Index was traded in a down channel before there is an upside breakout.

Swiss Market Index Technical Analysis: Daily Chart

swiss market weekly charts

In the daily charts, the Swiss Market Index was trading in a down channel. The Swiss Market Index is currently trading above all SMA.

RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10600.00 the resistance level is at 11400.00

The Swiss Market Index was traded in a down channel before there is an upside breakout.

How to Trade the Swiss Market Index this Week:

The Swiss Market Index will follow the uptrend until its trend reversal. So, remain bullish on the Swiss Market.

TRADE SUGGESTION- BUY AT 11242.00, TAKE PROFIT AT 11500.00 AND STOP LOSS AT 10900.00.