Tag: USDCHF

USDCHF’s uptrend from 1.0366 extends to 1.1714 level. Further rise is still possible to 1.1800 zone next week. However, the next cycle top on daily chart is nearing, the pair may be topping at 1.1714 level. Key...

USDCHF rise above 1.1277 resistance, signifying further rally towards 1.1500 zone. Initial support is now at 1.1100 and key support is located at 1.0864, only break below this level will indicate that the rebound form 1.0366 has...

USDCHF breaks above 1.1277 resistance and reaches 1.1287 only. Pullback would more likely be seen to retest 1.0864 key support next week. A break down below this level will indicate that the rebound from 1.0366 has completed,...

USDCHF might be forming a cycle top at 1.1277 on daily chart. Key support is now located at 1.0864, a break down below this level will confirm the cycle top, and then the following downtrend will bring...

USDCHF might be forming a cycle top at 1.1277 on daily chart. Pullback to retest 1.0366 previous low support is expected in next several days. A break below this level will indicated that the long term downtrend...

USDCHF breaks below 1.0410 support and reaches 1.0366 level only. Further rise could be seen to 1.1000 next week. However, the price action from 1.0410 is more likely consolidation to the long term downtrend from 1.2296, and...

USDCHF formed a cycle bottom at 1.0410 level on daily chart. Consolidation in a range between 1.0410 and 1.1130 could be expected in a couple of weeks, and one more rise above 1.1130 would more likely be...

USDCHF rebounds sharply from 1.0410, suggesting that a cycle bottom has been formed on daily chart. Consolidation in a range between 1.0410 and 1.1350 would more likely be seen in a couple of weeks. Near term support...

USDCHF dropped sharply in last two trading days, suggesting that the long term up trend from 0.9634 (Mar 17 low) has completed. Deeper decline is still possible to 1.0500 to reach the next cycle bottom on daily...

USDCHF drops sharply to as low as 1.1142 level. Deeper decline is still possible to 1.0900-1.1000 area in next several days. Initial resistance is located at 1.1500, as long as this level holds, downtrend will continue. However,...