USDCHF Daily Analysis – June 16, 2014

by ForexCycle.com | June 16, 2014 12:54 am
USDCHF is facing 0.9036 resistance, a break above this level will signal resumption of the uptrend from 0.8702, then next target would be at 0.9200 area. Near term support is at 0.8959, a breakdown below this level...

USDCHF Weekly Analysis – June 14, 2014

by ForexCycle.com | June 14, 2014 1:35 pm
USDCHF’s rise from 0.8699 extended to as high as 0.9036. Key resistance is at 0.9156, as long as this level holds, the rise could be treated as consolidation of the downtrend from 0.9838 (May 22, 2013 high),...

USDCHF Daily Analysis – June 13, 2014

by ForexCycle.com | June 13, 2014 1:35 am
Being contained by 0.9036 resistance, USDCHF pulled back from 0.9011. However, another rise to test 0.9036 resistance is still possible, a break above this level will signal resumption of the uptrend from 0.8702, then next target would...

USDCHF Daily Analysis – June 12, 2014

by ForexCycle.com | June 12, 2014 4:00 am
USDCHF stays in a trading range between 0.8907 and 0.9036. Resistance is at 0.9036, a break above this level could signal resumption of the uptrend from 0.8702, then the following upward movement could bring price to 0.9200...

USDCHF Daily Analysis – June 11, 2014

by ForexCycle.com | June 11, 2014 4:58 am
USDCHF is facing 0.9036 resistance, a break above this level will signal resumption of the uptrend from 0.8702, then next target would be at 0.9200 area. However, as long as 0.9036 resistance holds, the rise from 0.8907...

USDCHF Daily Analysis – June 10, 2014

by ForexCycle.com | June 10, 2014 3:30 am
USDCHF remains in downtrend from 0.9036, the rise from 0.8907 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.8800 area. Resistance is at 0.9036,...

USD/CHF Channel Break and Retest? (June 9, 2014)

by Kate Curtis | June 9, 2014 8:19 am
USD/CHF has been trading inside a rising channel for nearly a month before the ECB rate decision last week triggered a sharp break lower. Since then price has made a decent correction close to the bottom of...

USDCHF Daily Analysis – June 9, 2014

by ForexCycle.com | June 9, 2014 2:34 am
USDCHF is now in downtrend from 0.9036. Further decline would likely be seen after a minor consolidation, and next target would be at 0.8800 area. Resistance levels are at 0.8970 and 0.9036, only break above these levels...

USDCHF Weekly Analysis – June 7, 2014

by ForexCycle.com | June 7, 2014 1:09 pm
USDCHF remains in downtrend from 0.9838 (May 22, 2013 high), the rise from 0.8699 could be treated as consolidation of the downtrend. Key resistance is at 0.9156, as long as this level holds, the downtrend could be...

USDCHF Daily Analysis – June 6, 2014

by ForexCycle.com | June 6, 2014 5:06 am
USDCHF broke below 0.8932 support, indicating that the uptrend from 0.8702 had completed at 0.9036 already. The pair is now in downtrend, further decline could be expected, and next target would be at 0.8800 area. Resistance levels...