USDCHF Weekly Analysis – May 4, 2014

by ForexCycle.com | May 4, 2014 7:29 am
USDCHF moved sideways in a range between 0.8699 and 0.8952. Key resistance is located at the upper line of the price channel on daily chart, as long as the channel resistance holds, the price action in the...

USDCHF Daily Analysis – May 2, 2014

by ForexCycle.com | May 2, 2014 4:15 am
USDCHF is forming a sideways consolidation in a range between 0.8743 and 0.8861. The sideways movement could be expected to continue over the next several days. Key support is at 0.8743, a breakdown below this level will...

USDCHF Daily Analysis – May 1, 2014

by ForexCycle.com | May 1, 2014 3:02 am
USDCHF failed to break above 0.8861 resistance and pulled back to 0.8791. Deeper decline to test 0.8743 key support is possible, a breakdown below this level will trigger another fall towards 0.8300. On the upside, a break...

USDCHF Daily Analysis – April 30, 2014

by ForexCycle.com | April 30, 2014 3:19 am
USDCHF remains in uptrend from 0.8743, the fall from 0.8861 could be treated as correction of the uptrend. Another rise to 0.8900 area to complete the upward movement is still possible. Key support is at 0.8743, only...

USDCHF Daily Analysis – April 29, 2014

by ForexCycle.com | April 29, 2014 4:56 am
USDCHF’s fall from 0.8861 extended to as low as 0.8770. However, the fall is likely correction of the uptrend from 0.8743, one more rise to 0.8900 area to complete the upward movement is still possible. Key support...

USDCHF Daily Analysis – April 28, 2014

by ForexCycle.com | April 28, 2014 3:02 am
USDCHF broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.8743 had completed at 0.8861 already. Deeper decline is still possible, and the target would be at 0.8780 area. Resistance is at...

USDCHF Weekly Analysis – April 27, 2014

by ForexCycle.com | April 27, 2014 7:21 am
USDCHF stays in a downward price channel on daily chart, and remains in downtrend from 0.9751 (Jul 9, 2013 high). Resistance is located at the upper line of the channel, as long as the channel resistance holds,...

USDCHF Daily Analysis – April 24, 2014

by ForexCycle.com | April 24, 2014 12:52 am
After touching the upward trend line on 4-hour chart, USDCHF rebounded from 0.8807, indicating that the pair remains in uptrend from 0.8743. Further rise would likely be seen, and the target would be at 0.8900 area. Key...

USDCHF Daily Analysis – April 23, 2014

by ForexCycle.com | April 23, 2014 3:39 am
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8743. As long as the trend line support holds, the uptrend could be expected to continue, and the target would be at...

USDCHF Daily Analysis – April 22, 2014

by ForexCycle.com | April 22, 2014 3:26 am
USDCHF’s upward movement from 0.8743 extended to as high as 0.8853. Further rise is still possible after a minor consolidation, and the target would be at 0.8900 area. Support is located at the upward trend line on...