USDCHF remains in downtrend from 0.9751, the rise from 0.8890 could be treated as consolidation of the downtrend. Initial resistance is at the upper line of the price channel on daily chart, and key resistance is at...
After touching the upper line of the price channel on daily chart, USDCHF pulled back from 0.9249, suggesting that the pair remains in downtrend from 0.9751. Further decline is possible next week, and next target would be...
USDCHF is testing the resistance of the upper line of the price channel on daily chart. As long as the channel resistance holds, the rise from 0.8890 could be treated as consolidation of the downtrend from 0.9751,...
Thanks to the better than expected headline GDP figure released yesterday, USD/CHF surged up to the .9200 major psychological level which was in line with the 50% Fibonacci retracement level and the falling trend line on the...
USD/CHF’s rallies might soon be over, as the pair is approaching a potential resistance level. The .9200 major psychological mark has acted as support in the past and is around the Fibonacci retracement levels on the daily...
USDCHF remains in downtrend from 0.9838, the rise from 0.8890 could be treated as consolidation of the downtrend. Resistance is located at the upper line of the price channel on daily chart, as long as the channel...
Risk aversion has been keeping the franc’s gains at bay, as USD/CHF recently bounced off the .8900 major psychological support. Perhaps franc bulls are waiting for more buying momentum before pushing this pair lower.
USDCHF’s downward movement from 0.9838 extends to as low as 0.8890. Further decline would likely be seen, and next target would be at 0.8600 area. Resistance is at the downward trend line on daily chart, as long...
No changed in our view, USDCHF remains in downtrend from 0.9751, the rise from 0.8967 is treated as consolidation of the downtrend. Key resistance is at 0.9270, as long as this level holds, the downtrend could be...
USDCHF remains in downtrend from 0.9751, the rise from 0.8967 is treated as consolidation of the downtrend. Further rise to the upper line of the price channel to complete the consolidation would likely be seen over the...
