USDCHF Weekly Analysis – May 25, 2014

by ForexCycle.com | May 25, 2014 5:04 am
USDCHF is testing the resistance of the upward price channel on daily chart. A clear break above the upper line of the channel will indicate that the downtrend from 0.9751 (Jul 9, 2013 high) had completed at...

USDCHF Daily Analysis – May 22, 2014

by ForexCycle.com | May 22, 2014 3:47 am
USDCHF broke above 0.8959 resistance, indicating that the uptrend from 0.8702 has resumed. Further rise could be expected, and the target would be at 0.9000 area. Support is at 0.8882, only break below this level could signal...

USDCHF Daily Analysis – May 21, 2014

by ForexCycle.com | May 21, 2014 3:25 am
USDCHF’s upward movement from 0.8702 had completed at 0.8959 already, and the pair is now in downtrend. Another fall could be expected, and next target would be at 0.8830 area. Resistance is at 0.8959, only break above...

USDCHF Daily Analysis – May 20, 2014

by ForexCycle.com | May 20, 2014 2:29 am
USDCHF is in consolidation of the uptrend from 0.8702, another fall to 0.8830 area to complete the consolidation would likely be seen over the next several days. Resistance is at 0.8959, only break above this level could...

USDCHF Daily Analysis – May 19, 2014

by ForexCycle.com | May 19, 2014 2:19 am
USDCHF remains in uptrend from 0.8702, the fall from 0.8959 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 0.9000 area. Support is at 0.8880,...

USDCHF Weekly Analysis – May 17, 2014

by ForexCycle.com | May 17, 2014 2:21 pm
USDCHF is facing the resistance of the price channel on daily chart. As long as the channel resistance holds, the price action from 0.8699 could be treated as consolidation of the downtrend from 0.9751 (Jul 9, 2013...

USDCHF Daily Analysis – May 16, 2014

by ForexCycle.com | May 16, 2014 2:29 am
USDCHF’s upward movement from 0.8702 extended to as high as 0.8959. Further rise is still possible, and next target would be at 0.9000 area. Support is at 0.8880, only break below this level will indicate that consolidation...

USDCHF Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:04 am
USDCHF remains in uptrend from 0.8702. Further rise is still possible after a minor consolidation, and next target would be at 0.8950 area. Support is at 0.8860, only break below this level will indicate that the uptrend...

USDCHF Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:17 am
USDCHF’s upward movement from 0.8702 extended to as high as 0.8908. The uptrend could be expected to continue, and next target would be at 0.8950 area. Support is at 0.8860, only break below this level will indicate...

USD/CHF Range Setup (May 13, 2014)

by Kate Curtis | May 13, 2014 8:23 am
USD/CHF has made a strong rally after bouncing off support on its 4-hour range. The pair has been moving sideways between the .8750 minor psychological level and the resistance around .8925. The rally could be cut short...