USDCHF Daily Analysis – July 7, 2014

by ForexCycle.com | July 7, 2014 4:28 am
USDCHF’s upward movement from 0.8855 extended to as high as 0.8954. Further rise could be expected, and next target would be at 0.9000 area. Support levels are at 0.8900 and 0.8855, only break below these levels could...

USDCHF Weekly Analysis – July 5, 2014

by ForexCycle.com | July 5, 2014 12:14 pm
USDCHF’s fall from 0.9036 reached 0.8855 only, the subsequent bounce is likely resumption of the uptrend from 0.8699. Further rise to test 0.9156 key resistance would likely be seen, a break above this level will confirm that...

USDCHF Daily Analysis – July 4, 2014

by ForexCycle.com | July 4, 2014 12:58 am
USDCHF broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.9012 had completed at 0.8855 already. The pair is now in uptrend, further rise could be expected, and next target would be...

USD/CHF Trend Correction (July 3, 2014)

by Kate Curtis | July 3, 2014 7:33 am
USD/CHF has been in a sharp selloff for the past couple of weeks, mostly due to US dollar weakness. However price has started pulling up after dipping close to the .8850 minor psychological support. The Fibonacci retracement...

USDCHF Daily Analysis – July 3, 2014

by ForexCycle.com | July 3, 2014 3:20 am
USDCHF remains in downtrend from 0.9012, the rise from 0.8855 is likely consolidation of the downtrend. Resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...

USDCHF Daily Analysis – July 2, 2014

by ForexCycle.com | July 2, 2014 3:02 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9012. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDCHF Daily Analysis – July 1, 2014

by ForexCycle.com | July 1, 2014 3:42 am
USDCHF’s downward movement from 0.9012 extended to as low as 0.8861. Further decline is still possible after a minor consolidation, and next target would be at 0.8800 area. Near term resistance is at 0.8900, and the key...

USDCHF Daily Analysis – June 30, 2014

by ForexCycle.com | June 30, 2014 2:10 am
USDCHF broke below 0.8907 support, indicating that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already. Further decline could be expected over the next several days, and next target would be at 0.8800 area....

USDCHF Weekly Analysis – June 28, 2014

by ForexCycle.com | June 28, 2014 1:56 pm
USDCHF failed to break above 0.9156 resistance and pulled back from 0.9036, indicating that the pair remains in downtrend from 0.9838 (May 22, 2013 high), the price action from 0.8699 could be treated as consolidation of the...

USDCHF Daily Analysis – June 27, 2014

by ForexCycle.com | June 27, 2014 4:39 am
USDCHF is facing 0.8907 support, a breakdown below this level will confirm that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already, then next target would be at 0.8800 area. Near tern resistance is...