Being contained by the rising trend line from 0.9917 to 1.0132, USDCHF bounced from 1.0506, suggesting that a cycle bottom is being formed on daily chart. Another rise towards 1.1000 would more likely be seen in a...
USDCHF broke below 1.0608 key support, suggesting that the rise from 1.0132 has completed at 1.0898 already. Deeper decline towards the rising trend line from 0.9917 to 1.0132 is now in favor. Resistance is at 1.0810, only...
Overview: This situation is similar with the euro. The price, having not completed the planned targets, began to move in sideways direction again. We see, as the price moves in the sideways channel, which is clearly signaled...
USDCHF formed a cycle top at 1.0898 level on daily chart. Range trading between 1.0608 and 1.0898 is expected. As long as 1.0608 support holds, one more rise to 1.1000 is still possible. However, a break below...
USDCHF remains in uptrend from 1.0132 and the pullback from 1.0898 is more likely consolidation of uptrend. Range trading between 1.0608 and 1.0898 is expected next week. As long as 1.0608 support holds, one more rise towards...
USDCHF remains in uptrend from 1.0132 and the rise extends further to as high as 1.0898 level. Further rally is still possible next week and next target would be at 1.1000 area. However, next cycle top is...
USDCHF’s uptrend extended further to as high as 1.0827 level. Further rally is still possible next week and next target would be at 1.0900 area. However, a breakdown below 1.0608 will indicate that a cycle top has...
USDCHF remains in uptrend from 1.0132 and the rise extends to as high as 1.0794 level. Further rally is still possible next week and target would be at 1.0850-1.0900 area. Support level is now at 1.0600, as...
As expected, USDCHF broke above 1.0507 resistance and reached as high as 1.0640 level. Further rally is still in favor next week and next target would be at 1.0800 area. Support is at 1.0450, as long as...
As expected, USDCHF formed a cycle bottom at 1.0132 level on daily chart. Now the bounce from 1.0132 is treated as resumption of uptrend from 0.9917. Further rally is in favor and next target would be at...
