USDCHF might be forming a cycle bottom at 1.0132 level on daily chart. Key resistance is located at 1.0420, a break above this level will confirm the cycle bottom, then another rise towards 1.0600-1.0700 could be seen....
USDCHF formed a a cycle top at 1.0507 level on daily chart and the subsequent pullback is treated as consolidation of uptrend from 0.9917. Rang trading between 1.0100 and 1.0507 is expected in a couple of weeks....
USDCHF has formed a cycle top at 1.0507 level on daily chart. Range trading between 1.0200 and 1.0507 is expected in next several days. However, the fall from 1.0507 is more likely consolidation of uptrend from 0.9917,...
USDCHF remains in uptrend from 0.9917 and the pullback from 1.0507 is treated as minor consolidation of uptrend. As long as 1.0300 support holds, we’d expect uptrend to resume and another rally towards 1.0600 is still possible....
USDCHF’s bounce from 0.9917 extended to as high as 1.0507 level. Further rally is still possible next week and next target would be at 1.0600 area. Support level is now located at 1.0300, below this level will...
USDCHF broke above 1.0337 key resistance, suggesting that the fall from 1.1021 has completed at 0.9917 already. Further rally is still possible next week and next target would be at 1.0600 area. Support is at 1.0200, only...
USD Monday saw the Dollar rise to levels not seen in more than five weeks against a basket of currencies, extending Friday’s rally that was sparked by a much better than expected jobs report. The trading patterns...
USDCHF broke above the resistance of the upper border of the falling price channel on daily chart. Sideways movement in a range between 0.9917 and 1.0337 is expected in a couple of week. As long as 1.0337...
USDCHF stays in a falling price channel on daily chart and remains in downtrend from 1.1021. As long as the channel resistance holds, downtrend is expected to continue and deeper decline towards 0.9850 is still possible next...
USDCHF is in range trading between 1.0032 and 1.0337. Moving sideways in the range is still possible next week. However, the price action from 1.0032 is more likely consolidation of downtrend from 1.1021 and deeper decline towards...
