USDCHF Daily Analysis – December 23, 2013

by ForexCycle.com | December 23, 2013 2:39 am
USDCHF is now in uptrend from 0.8832, the fall from 0.9000 is treated as consolidation of the uptrend. Further rise could be expected and the target would be at 0.9050 area. Key support is at 0.8832, only...

USDCHF Weekly Analysis – December 22, 2013

by ForexCycle.com | December 22, 2013 7:34 am
After breaking below 0.8890 support, USDCHF rebounded from 0.8832, indicating that consolidation of the downtrend from 0.9751 is underway. Further rally is still possible and the target would be at the upper line of the price channel...

USD/CHF Trend Play (December 20, 2013)

by Kate Curtis | December 20, 2013 8:30 am
USD/CHF is still trending lower on its 4-hour time frame, despite the strong bounce seen after the FOMC interest rate statement. The pair has dipped to new yearly lows around the .8850 area and might be ready...

USDCHF Daily Analysis – December 20, 2013

by ForexCycle.com | December 19, 2013 11:24 pm
USDCHF is in downtrend from 0.9751 (Jul 9 high), the rise from 0.8832 could be treated as consolidation of the downtrend. Further rally could be expected over the next several days, and the target would be at...

USDCHF Daily Analysis – December 19, 2013

by ForexCycle.com | December 19, 2013 2:06 am
USDCHF broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 0.9249 (Nov 7 high) had completed at 0.8832 already. Further rally is possible over the next several days, and...

USDCHF Daily Analysis – December 18, 2013

by ForexCycle.com | December 18, 2013 3:03 am
USDCHF broke below 0.8829 support, and continues its downward movement from 0.9249 (Nov 7 high). Further decline could be expected, and next target would be at 0.8750 area. Initial resistance is at the upper line of the...

USDCHF Daily Analysis – December 17, 2013

by ForexCycle.com | December 17, 2013 2:44 am
USDCHF’s downward movement from 0.9249 extended to as low as 0.8839, the subsequent bounce suggest that consolidation of the downtrend is underway. Resistance is located at the upper line of the price channel on 4-hour chart, as...

USDCHF Weekly Analysis – December 14, 2013

by ForexCycle.com | December 14, 2013 1:37 pm
USDCHF broke below 0.8890 support, and reached as low as 0.8839, suggesting that the downtrend from 0.9751 had resumed. Further decline could be expected and next target would be at 0.8500 area. Initial resistance is at 0.8950,...

USDCHF Weekly Analysis – December 8, 2013

by ForexCycle.com | December 8, 2013 4:19 am
USDCHF is facing 0.8890 support, a breakdown below this level will signal resumption of the downtrend from 0.9751, then next target would be at 0.8500 area. Resistance is at the upper line of the downward price channel...

USDCHF Weekly Analysis – December 1, 2013

by ForexCycle.com | December 1, 2013 8:49 am
USDCHF stays in a downward price channel on daily chart, and remains in downtrend from 0.9751, the rise from 0.8890 could be treated as consolidation of the downtrend. Initial resistance is located at the upper line of...