USDCHF’s downward movement from 0.9751 extends to as low as 0.8967. Key resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
USD/CHF just broke below the key .9100 handle on Friday’s dollar weakness, but the pair might be due for a quick pullback before heading any lower.
USDCHF stays below a downward trend line on daily chart, and remains in downtrend from 0.9751. Key resistance is located at the trend line, as long as the trend line resistance holds, the downtrend could be expected...
USD/CHF has been trending lower in the past few days but it seems to be having difficulty sustaining its decline past the .9100 major psychological support level. With that, a pullback might be in the works, possibly...
USD/CHF is in a solid downtrend these days, as a falling trend line can be formed when connecting the highs of the price. The pair has broken below several key support levels but might be in for...
USDCHF broke below 0.9130 support, suggesting that the downtrend from 0.9751 has resumed. Further decline is still possible after a minor consolidation, and next target would be at 0.8800 area.
USDCHF remains in downtrend from 0.9751, the rise from 0.9147 is likely consolidation of the downtrend. Another fall to test 0.9130 support would likely be seen, a breakdown below this level will signal resumption of the downtrend.
USDCHF broke above 0.9400 resistance and reached as high as 0.9455. However, the rise is likely correction of the downtrend from 0.9751, one more fall towards 0.8500 is still possible after correction.
Dollar strength is still dominating price action but the move might be overdone on USD/CHF pretty soon. The 4-hour time frame shows that a resistance level is just around the corner and close to the .9400...
USDCHF remains in downtrend from 0.9751. As long as 0.9400 resistance holds, another fall to test 0.9130 support is possible, a breakdown below this level will signal resumption of the longer term downtrend from 0.9838, then further...
