USDCHF rebounds sharply from 1.0977, suggesting that a cycle bottom is being formed on daily chart. Consolidation in a range between 1.0977 and 1.1450 is possible in a couple of weeks. Key support is now at 1.0977,...
USDCHF broke below 1.1159 previous low support. Deeper decline is in favor next week and the next target would be at 1.0600-1.0800 area. Initial resistance is at the falling trend line on daily chart, as long as...
USDCHF formed a cycle top at 1.1740 level on daily chart. Deeper decline to test 1.1159 support is possible next week. A break below this level will indicate that the fall from 1.1740 is resumption of the...
USDCHF drops below the lower border of the price channel on daily chart, suggesting that a cycle top has been formed at 1.1740 level. Deeper decline is now in favor and the next target is to test...
USDCHF formed a cycle bottom at 1.1159 on daily chart and the rebound from 1.1159 extends to as high as 1.1687 level. Further rally is still possible next week, and target would be at 1.8000 zone. However,...
USDCHF breaks above 1.1548 key resistance, suggesting that a cycle bottom has been formed at 1.1159 level on daily chart. Consolidation in a range between 1.1159 and 1.1780 is expected in a couple of weeks.
USDCHF remains in downtrend from 1.1963, the rise from 1.1159 is more likely consolidation of the downtrend. The pullback from 1.1548 could possibly be resumption of the downtrend. Deeper decline is expected to test 1.1159 support, a...
USDCHF formed a cycle top at 1.1963 level on daily chart and is now in medium term downtrend. The rebound from 1.1159 is treated as consolidation of the downtrend. Deeper decline is possible to 1.0800 zone in...
USDCHF’s rise from 1.0366 has completed at 1.1963 level. Deeper decline is now in favor and the next target is at 1.1000 zone. Initial resistance is at 1.1450, as long as this level holds, we’d expect downtrend...
USDCHF breaks below 1.1430 key support, suggesting that a cycle top has been formed at 1.1963 level on daily chart and the medium term uptrend from 1.0366 has completed. Further fall is expected to 1.1000 zone in...
