USDCHF Daily Analysis – October 23, 2014

by ForexCycle.com | October 23, 2014 2:49 am
USDCHF’s upward movement from 0.9370 extended to as high as 0.9548. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level could trigger another fall...

USDCHF Daily Analysis – October 22, 2014

by ForexCycle.com | October 22, 2014 3:24 am
USDCHF broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.9687 had completed at 0.9370 already. Further rise could be expected, and next target would be at 0.9650 area. Support is at...

USDCHF Daily Analysis – October 21, 2014

by ForexCycle.com | October 21, 2014 2:28 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9687. As long as the trend line resistance holds, the rise from 0.9370 could be treated as consolidation of the downtrend. Further...

USDCHF Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:47 am
USDCHF remains in downtrend from 0.9687, the rise from 0.9370 could be treated as consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds,...

USDCHF Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 10:00 am
USDCHF is facing the support of the rising price channel on daily chart. As long as the channel support holds, the uptrend from 0.8703 could be expected to resume, and another rise towards 1.0000 is still possible....

USDCHF Daily Analysis – October 17, 2014

by ForexCycle.com | October 17, 2014 1:53 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9687, the rise from 0.9370 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...

USDCHF Daily Analysis – October 16, 2014

by ForexCycle.com | October 16, 2014 2:25 am
USDCHF’s downward movement from 0.9687 extended to as low as 0.9370. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...

USDCHF Daily Analysis – October 15, 2014

by ForexCycle.com | October 15, 2014 3:26 am
USDCHF failed to break below 0.9468 support, and stayed in the trading range between 0.9468 and 0.9687. However the rise from 0.9468 is likely consolidation of the downtrend from 0.9687, one more fall to 0.9400 area is...

USDCHF Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 5:02 am
USDCHF is facing 0.9468 support, a breakdown below this level will signal resumption of the downtrend from 0.9687, then next target would be at 0.9400 area. On the other side, as long as 0.9468 support holds, the...

USDCHF Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:28 am
USDCHF’s downward movement from 0.9687 extended to as low as 0.9468. Further decline would likely be seen, and next target would be at 0.9400 area. Key resistance is at 0.9687, only break above this level will indicate...