US Dollar Breaks Key Support Against Swiss Franc

by ForexCycle.com | May 16, 2024 7:16 am
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart, followed by a breakdown below the key 0.8997 support level. This technical breakdown suggests that the recent upside move from the...

US Dollar Pullback Tests Key Support Against Swiss Franc

by ForexCycle.com | May 7, 2024 3:43 am
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart and is now testing the key 0.8997 support level. This area will likely determine the pair’s near-term directional bias. Key Support...

USDCHF Charges Higher: Uptrend Confirmed or Further Gains Ahead?

by ForexCycle.com | May 1, 2024 2:30 am
USDCHF has displayed continued strength, with the price reaching new highs. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDCHF Maintains Uptrend: Upside Targets in Focus: Support Levels to Consider: Overall...

USDCHF in Focus: Uptrend Holding or Correction Underway?

by ForexCycle.com | April 22, 2024 1:49 am
USDCHF’s recent price action presents an interesting technical situation. This analysis examines the trend and explores potential scenarios for the currency pair. USDCHF Above Rising Trend Line: Upside Potential After Consolidation? Downtrend Scenario: Overall Sentiment: The technical...

USDCHF Breaks Out: Uptrend Back on Track or Short-Term Rally?

by ForexCycle.com | April 11, 2024 2:15 am
USDCHF has displayed a bullish breakout, potentially signaling a continuation of the uptrend. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDCHF Escapes Trading Range: Uptrend Resuming or Bullish Rebound? Upside...

USDCHF Tests Support: Uptrend Holding or on the Brink?

by ForexCycle.com | April 8, 2024 1:16 am
USDCHF has encountered a potential turning point, approaching a key level of support. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend Support in Focus: Consolidation or Reversal? Resistance Levels to...

USDCHF Breaks Higher: Uptrend Resumes or Bullish False Start?

by ForexCycle.com | March 27, 2024 12:54 am
USDCHF has displayed a bullish breakout after a consolidation phase, hinting at a continuation of the uptrend. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend Reignited: Bullish Momentum Building: Support...

USDCHF Consolidates: Uptrend on Hold or Gathering Momentum?

by ForexCycle.com | March 25, 2024 4:44 am
USDCHF has displayed a recent pause in its upward trajectory, entering a consolidation phase. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend on Pause: Consolidation and Potential Breakout: Downside Risks...

USDCHF Stages Rally: Uptrend Back on Track or Short-Lived Surge?

by ForexCycle.com | March 19, 2024 1:24 am
USDCHF has displayed a recent surge in momentum, challenging a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Upward Move Tests Resistance: Breakout or Bounce? Support to Watch:...

USDCHF Soars: Downtrend Defeated or Bullish Illusion?

by ForexCycle.com | March 15, 2024 11:03 am
USDCHF has displayed a remarkable surge, decisively breaking above key resistance levels. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Charge Higher: Upside Targets in Sight: Support to Monitor: Overall...