Tag: USDCHF

USDCHF remains in downtrend from 0.9838, the rise from 0.9130 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.9000 area.

USDCHF breaks below 0.9206 support, suggesting that the upward movement from 0.9021 had completed at 0.9838 already. The pair is now in downtrend from 0.9838, further decline could be expected after a minor consolidation, and next target...

USDCHF is facing 0.9206 support, a breakdown below this level will confirm that the uptrend from 0.9021 had completed at 0.9838 already, then next target would be at 0.9000 area.

USDCHF breaks below the support of the lower line of the price channel on daily chart, suggesting that the upward movement from 0.9206 had completed at 0.9838 already.

USDCHF remains in uptrend from 0.9206, the fall from 0.9838 is treated as consolidation of the uptrend. Support is located at the lower line of the price channel on daily chart, as long as the channel support...

USDCHF’s upward movement from 0.9021 extends to as high as 0.9760. Further rise to test 0.9971 resistance is possible next week. As long as 0.9971 resistance holds, the rise from 0.9021 could be treated as correction of...

USDCHF breaks above 0.9567 resistance, suggesting that the uptrend from 0.9021 has resumed. Further rise is still possible next week, and the target would be at 0.9750 area. Support is at 0.9480, only break below this level...

USDCHF stays in a trading range between 0.9206 and 0.9567. Support is at 0.9206, a breakdown below this level will indicate that the downtrend from 0.9567 has resumed, then further decline towards 0.9000 could be seen.

USDCHF remains in downtrend from 0.9567, the rise from 0.9206 is likely correction of the downtrend. As long as 0.9567 key resistance holds, the downtrend could be expected to resume, and anther fall towards 0.9000 is still...