USD/CHF Range Setup (May 13, 2014)

by Kate Curtis | May 13, 2014 7:30 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...

USDCHF Daily Analysis – May 13, 2014

by ForexCycle.com | May 13, 2014 3:46 am
USDCHF remains in uptrend from 0.8702. Further rise could be expected, and next target would be at 0.8950 area. Support is at 0.8835, only break below this level will indicate that consolidation of the uptrend is underway,...

USDCHF Daily Analysis – May 12, 2014

by ForexCycle.com | May 12, 2014 2:35 am
USDCHF’s upward movement from 0.8702 extended to as high as 0.8877. Further rise is still possible, and next target would be at 0.8950 area. Support is at 0.8835, only break below this level will indicate that consolidation...

USDCHF Weekly Analysis – May 10, 2014

by ForexCycle.com | May 10, 2014 2:59 pm
USDCHF failed to break below 0.8699 support and stays in a trading range between 0.8699 and 0.8952, indicating that lengthier consolidation of the downtrend from 0.9751 (Jul 9, 2013 high) is underway. Resistance is located at the...

USDCHF Daily Analysis – May 9, 2014

by ForexCycle.com | May 9, 2014 2:39 am
USDCHF failed to break below 0.8699 (Mar 13 low) support and rebounded from 0.8702, indicating that the downtrend from 0.8861 has completed. Further rise could be expected, and next target would be at 0.8900 area. Support is...

USD/CHF Bearish Divergence (May 8, 2014)

by Kate Curtis | May 8, 2014 7:20 am
USD/CHF has recently broken below a support zone visible on the 1-hour time frame, indicating that further losses might be in the cards. After dipping to a low of .8720, the pair has shown signs of retracing,...

USDCHF Daily Analysis – May 8, 2014

by ForexCycle.com | May 8, 2014 3:31 am
USDCHF remains in downtrend from 0.8861, the rise from 0.8720 is likely consolidation of the downtrend. Resistance is at 0.8780, as long as this level holds, the downtrend could be expected to resume, and next target would...

USDCHF Daily Analysis – May 7, 2014

by ForexCycle.com | May 7, 2014 3:09 am
USDCHF broke below 0.8743 support, indicating that the downtrend from 0.8952 has resumed. Further decline would likely be seen, and next target would be at 0.8600 area. Resistance is at 0.8780, only break above this level could...

USDCHF Daily Analysis – May 6, 2014

by ForexCycle.com | May 6, 2014 3:01 am
USDCHF is facing 0.8743 support, a breakdown below this level will signal resumption of the downtrend from 0.8952, then the following downward movement could bring price to 0.8300 area. However, as long as 0.8743 support holds, the...

USDCHF Daily Analysis – May 5, 2014

by ForexCycle.com | May 5, 2014 3:14 am
USDCHF continued its sideways movement in a range between 0.8743 and 0.8861. As long as 0.8861 key resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.8952, a breakdown below 0.8743 support...