USDCHF Analysis – Dec 13, 2008

by ForexCycle.com | December 13, 2008 12:00 pm
USDCHF breaks below 1.1828 support, suggesting that a cycle top has been formed at 1.2296 on daily chart. Deeper decline is still possible to 1.1600 zone next week. However, the fall from 1.2296 is treated as correction...

USDCHF Analysis – Dec 6, 2008

by ForexCycle.com | December 6, 2008 10:37 pm
USDCHF is forming a sideways consolidation in a range between 1.1828 and 1.2296 on daily chart. Further rise is still in favor, the target would be at 1.2500 zone, and a break above 1.2296 previous high resistance...

USDCHF Analysis – Nov 30, 2008

by ForexCycle.com | November 30, 2008 11:29 am
USDCHF rebounds from 1.1828 and the rise could possibly be resumption of up trend. Further rally is expected to 1.2500 zone in next several days. However, a break above 1.2296 is needed to confirm such case. Initial...

USDCHF Analysis – Nov 25, 2008

by ForexCycle.com | November 25, 2008 11:36 am
USDCHF pulls back sharply from 1.2296 level. Deeper decline is expected to test the support of the up trend line from 1.0693 to 1.1208. However, the fall from 1.2296 is treated as correction to up trend. As...

USDCHF Analysis – Nov 22, 2008

by ForexCycle.com | November 22, 2008 9:12 pm
No changed in our view, USDCHF remains in up trend and the rise from 1.0010 (July 15 low) extends to as high as 1.2296 level. Further rise is still possible to 1.2700 zone in next several days....

USDCHF Analysis – Nov 15, 2008

by ForexCycle.com | November 15, 2008 11:37 am
USDCHF remains in up trend and the rise from 1.0010 (July 15 low) extends to as high as 1.2000 level. Further rise is expected to 1.2400 zone. Initial support is at 1.1650 and followed by the up...

USDCHF Analysis – Nov 8, 2008

by ForexCycle.com | November 8, 2008 10:14 pm
USDCHF remains in up trend. Further rise could be seen to 1.2000 zone next week. Initial support is located at 1.1549 level. As long as this level holds, we’d expect up trend to continue. However, a break...

USDCHF Analysis – Nov 4, 2008

by ForexCycle.com | November 4, 2008 10:29 am
USDCHF breaks above 1.1746 previous high resistance, suggesting that a cycle bottom has been formed at 1.1208 on daily chart. Further rally is expected to 1.2200 zone in next several days. Initial support is at the up...

USDCHF Analysis – Nov 1, 2008

by ForexCycle.com | November 1, 2008 10:25 am
USDCHF formed a cycle top at 1.1746 level. Sideways consolidation in a range between 1.1208 and 1.1746 could be seen next week. As long as 1.1746 previous high resistance holds, we’d expect consolidation to long term up...

USDCHF Analysis – Oct 30, 2008

by ForexCycle.com | October 30, 2008 10:12 am
USDCHF breaks below 1.1400 key support, suggesting that a cycle top on daily chart has been formed at 1.1746 level. Deeper decline to test the support of the up trend line from 1.0010 to 1.0693 could be...