USDCHF has been on an upward trajectory, breaking above the resistance level of 0.8684 and reaching as high as 0.8723. Now, it faces a crucial hurdle at 0.8728. Let’s dive into the technical analysis to understand what...
USDCHF has exhibited a bullish technical pattern on its 4-hour chart, suggesting a potential reversal of the recent downtrend. Let’s dissect the key technical aspects to understand what this means for the pair’s future direction. Double Bottom...
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of USDCHF published in members area of the website. As our members know, the pair is bearish against...
The USDCHF pair has seen a key shift in its trend with a break below an important support, leading us to anticipate possible next moves. Break Below Key Support The USDCHF has registered a break below the...
USDCHF has recently broken through significant levels and is currently standing at a crucial support level, painting a mixed picture for its future market movement. Key Breakthrough: Falling Below the Rising Channel USDCHF has notably broken below...
The USDCHF is displaying a positive trend on the 4-hour chart, entrenched within a rising price channel. This uptrend originates from the 0.8332 mark. Continued Ascendancy and Potential Resistance The continuity of the upward movement largely hinges...
In today’s blog, we will take a look at the USDCHF Swing Sequence down from December 2016 peak and from October 2022 peak. Even when the pair has not yet broken below January 2021 low, it already...
In our recent article about USDCHF, we explained incomplete bearish sequence in USDCHF since October 2022 and December 2016 highs and explained that bounces should fail in 3, 7 or 11 swings for extension lower. Pair found...
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of USDCHF forex pair published in members area of the website. As our members know USDCHF has recently ...
USDCHF has seen a strong decline since October 2022 peak with shallow bounces in-between. In today’s blog, we will take a look at the Elliott wave structure of the decline from October 21, 2022 peak, market sequence...