USDCHF remains in downtrend from 1.1021 and the price action from 1.0032 is treated as consolidation of downtrend. Deeper decline is still possible after consolidation and a break below 1.0032 could signal resumption of downtrend. Resistance is...
USDCHF’s rebound from 1.0032 is limited by the upper border of the falling price channel on daily chart. The fall from 1.0337 is more likely resumption of downtrend from 1.1021. Deeper decline is now in favor and...
After touching the lower border of the falling price channel on daily chart, USDCHF rebounded from 1.0032, suggesting a cycle bottom is being formed, further rise towards 1.0452 key resistance is expected, a break above this level...
No changed in our view, USDCHF stays in the falling price channel and continues its downward trend from 1.1021. Deeper decline remains in favor and next target would be at 0.9800-0.9900 area. Resistance is now at 1.0230,...
USDCHF stays in the falling price channel and remains in downtrend. As long as the channel resistance holds, we’d expect downtrend to continue and deeper decline towards 1.0000 is possible in a couple of weeks. Critical resistance...
USDCHF remains in downward trend from 1.1021. Move sideways in a range between 1.0186 and 1.0452 is possible next week. However, the price action from 1.0186 is more likely consolidation of downtrend, as long as 1.0452 resistance...
USDCHF stays below the falling trend line on daily chart and remains in downward trend from 1.1021, and the rebound from 1.0186 is more likely consolidation of downtrend. As long as the trend line resistance holds, we...
USDCHF stays below 1.0422 resistance and remains in downtrend from 1.1021. Further fall is still in favor next week and target would be at 1.0100 zone. Near term resistance is at 1.0422 followed by the falling trend...
USDCHF remains in downtrend from 1.1021. As long as the resistance of falling trend line on 4-hour chart holds, we’d expect downtrend to continue and deeper decline is possible to 1.0200 level next week. Near term resistance...
USDCHF broke below 1.0366 (Dec 29, 2008) support, deeper decline is now in favor and next target would be at 1.0200-1.0300 area. Near term resistance is at the falling trend line on daily chart, as long as...
