USDCHF Daily Analysis – February 10, 2014
USDCHF’s fall from 0.9081 extended to as low as 0.8960. Further decline would likely be seen in a couple of days, and next target would be at 0.8900 area. Resistance is at 0.9025, only break above this...
Tag: USDCHF
USDCHF Weekly Analysis – February 8, 2014
USDCHF remains in downtrend from 0.9751, the price action from 0.8890 could be treated as consolidation of the downtrend. Key resistance is at 0.9156, as long as this level holds, the downtrend could be expected to resume,...
USDCHF Daily Analysis – February 7, 2014
USDCHF broke below 0.9003 support, suggesting that the uptrend from 0.8903 had completed at 0.9081 already. The pair is now in downtrend, further decline could be expected, and next target would be at 0.8900 area. Resistance levels...
USDCHF Daily Analysis – February 6, 2014
USDCHF moved sideways in a narrow range between 0.9003 and 0.9081. As long as 0.9003 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8903, one more rise to...
USDCHF Daily Analysis – February 5, 2014
USDCHF stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.8903. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.9135....
USDCHF Daily Analysis – February 4, 2014
USDCHF remains in uptrend from 0.8903, the fall from 0.9081 is likely consolidation of the uptrend. Support is at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the...
USD/CHF Channel Holding (February 3, 2014)
The bottom of USD/CHF’s channel held last week, as risk aversion was still present in the trading markets. The pair is currently moving towards the middle of the channel, which might act as medium-term resistance. Take note...
USDCHF Daily Analysis – February 3, 2014
USDCHF’s upward movement from 0.8903 extended to as high as 0.9079. Further rise is still possible, and next target would be at 0.9135 area. Support is at 0.9000, only break below this level could trigger another fall...
USDCHF Weekly Analysis – February 2, 2014
USDCHF stays within a downward price channel on daily chart, and remains in downtrend from 0.9751, the price action from 0.8890 could be treated as consolidation of the downtrend. Key resistance is at 0.9156, as long as...
USDCHF Daily Analysis – January 31, 2014
USDCHF broke above 0.9030 resistance, suggesting that the downtrend from 0.9156 had completed at 0.8903 already. Further rise could be expected, and next target would be at 0.9100 area. Support is at 0.8970, only break below this...