USDCHF Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:54 am
USDCHF stays above the rising trend line on 4-hour chart, and remains in uptrend from 0.9531. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDCHF Daily Analysis – December 8, 2014

by ForexCycle.com | December 8, 2014 2:27 am
USDCHF’s upward movement from 0.9531 extended to as high as 09799. Further rise could be expected, and next target would be at 1.0000 area. Support is now located at the upward trend line on 4-hour chart, as...

USDCHF Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:48 am
USDCHF’s upward movement from 0.8703 extended to as high as 0.9799. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected...

USDCHF Daily Analysis – December 5, 2014

by ForexCycle.com | December 5, 2014 3:05 am
USDCHF remains in uptrend from 0.9370 (Oct 15 low), the fall from 0.9794 is likely consolidation of the uptrend. As long as 0.9531 key support holds, the uptrend could be expected to resume, and next target would...

USDCHF Daily Analysis – December 4, 2014

by ForexCycle.com | December 4, 2014 3:54 am
USDCHF broke above 0.9739 resistance, indicating that the uptrend from 0.9370 (Oct 15 low) has resumed. Further rise could be expected, and next target would be at 1.0000 area. Support is at 0.9700, as long as this...

USDCHF Daily Analysis – December 3, 2014

by ForexCycle.com | December 3, 2014 3:17 am
USDCHF is facing 1.9739 resistance again, a break of this level will indicate that the uptrend from 0.9370 has resumed, then next target would be at 1.0000 area. Support is at 0.9660, only break below this level...

USDCHF Daily Analysis – December 2, 2014

by ForexCycle.com | December 2, 2014 4:12 am
USDCHF continued its sideways movement in a range between 0.9531 and 0.9739. As long as 0.9531 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9370, another rise to...

USDCHF Ascending Triangle Pattern (Dec 1, 2014)

by Kate Curtis | December 1, 2014 3:59 am
The rejection of the Swiss gold initiative led to a bounce off the bottom of the ascending triangle on USD/CHF’s 4-hour forex chart. Price is now on its way to test the resistance of the chart pattern...

USDCHF Daily Analysis – December 1, 2014

by ForexCycle.com | December 1, 2014 2:43 am
USDCHF moved sideways in a trading range between 0.9531 and 0.9739. As long as 0.9531 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9370, another rise to 1.0000...

USDCHF Weekly Analysis – November 30, 2014

by ForexCycle.com | November 30, 2014 6:18 am
USDCHF remains in uptrend from 0.8703, the fall from 0.9741 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds,...